Wall Street slides; fears of AI bubble and inflation send investors away
Indexes off: Dow 0.51%, S&P 500 1.11%, Nasdaq 1.63%S&P 500, Nasdaq at more than two-week lowsBroadcom falls as…
Dollar rises as traders digest Fed meeting, sterling eases after GDP
Euro and sterling rise as dollar weakensUK GDP data in focusFed’s less hawkish stance drags dollarMarkets diverge from…
Reddit sues Australia over social media ban, citing free speech threat
Reddit says law hurts protected speechReddit also says it does not meet criteria for the lawAustralian govt compares…
The 13-letter word tripping up Trump – and risking Republicans’Â hold on Congress
Trump’s mocking of ‘affordability’ worries Republican strategistsWhite House defends Trump’s messaging on strength of economyDemocrats aim to exploit…
S&P 500 posts record closing high, US dollar and yields decline in wake of FedÂ
Item 1 of 2 Traders work on the floor at the New York Stock Exchange (NYSE) in New…
Oracle forecasts miss Wall Street targets while spending rises, shares slide 10%
Oracle’s cloud revenue growth may be coolingOracle’s adjusted profit boosted by $2.7 billion Ampere saleOracle’s future contracts rise…
US dollar tumbles after Fed cuts rates, Powell comments
Fed cuts rates, but signals pause in JanuaryFed’s Powell says rate hike not base case for policymakersNew Fed…
Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds
Fed reduces policy rate by quarter of a percentage pointThree policymakers dissent on decisionPolicymakers see one rate cut…
Exclusive: ByteDance, Alibaba keen to order Nvidia H200 chips after Trump green light, sources say
Bytedance, Alibaba keen to buy Nvidia H200 chip after Trump green light, sources sayChinese tech firms concerned about…
Morning Bid: Dazed yen hogs limelight before Fed – Reuters
Morning Bid: Dazed yen hogs limelight before Fed ReutersYen fragile, dollar firm in countdown to Fed ReutersThe Yen Rout Continues:…
Yen weak, dollar steady in countdown to Fed
Yen nurses losses after broad fall overnightBOJ expected to hike in December, but future moves uncertainDollar, other currencies…
SpaceX to pursue 2026 IPO raising above $25 billion, source says
Dec 9 (Reuters) – Elon Musk’s SpaceX is pursuing an initial public offering next year, looking to raise…