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Dow, S&P 500, Nasdaq Decline Amid Hot Inflation Data, AI Selloff: CRWV, NBIS, NVDA, IBRX Stocks In Focus
Red-hot inflation data, triggered by soaring energy prices, weighed heavily on markets on Wednesday....
Global tech sell-off deepens as Asian markets tumble
AI-related stocks in South Korea and Japan suffer after Wall Street falls on hot US inflation...
KOSPI Opens 7% Down After Hot US CPI and AI Doubts Grow
South Korea's KOSPI opened sharply lower and slid 7% after hot US inflation data and AI doubts, exte...
European nations to boycott World Cup in protest at Fifa’s plans
Move by Uefa deals major blow to efforts to sell stake in new $20bn commercial venture
Japan’s yen jumps 3% as speculation over intervention swirls
Currency on track for one of its biggest moves in recent years amid growing calls for action to arrest slide
Situational Awareness offloads large portion of public equity holdings
The $20bn hedge fund run by Leopold Aschenbrenner suffered steep losses in recent days from tech sell-off
Ferrari profits boosted by AI wealth and hyper-personalisation boom
Custom services set to account for as much as 20% of revenue, Italian luxury-car maker says
Fifa not ‘selling the World Cup’ in $20bn commercial plan, says adviser
Greg Maffei defends contentious proposal he helped shape as body’s move to bring in outside investors is hit by backlash
US economy grew less than expected at 1.5% rate in second quarter
Slowdown comes amid continued impact from Middle East war
Trying to make sense of Warsh
Abdicating responsibility or fortifying the markets with anti-fragility serum?
Warsh’s stripped-back Fed communication ‘already backfiring’, say investors
Traders warn lack of guidance on interest rates erodes US central bank’s influence on Treasury market
BoE expected to ‘talk tough’ but leave rates on hold
Decision comes against backdrop of renewed volatility in energy prices
DR Congo’s cobalt boom carries an unwanted cargo: uranium
Radioactive ores have become a proliferation risk in the land that supplied material for second world war atomic bombs
Kevin Warsh is confusing markets
The Fed is a player, not a referee
Chinese stocks on track for worst month in decade
Investors pull out of ‘picks and shovels’ suppliers to AI boom