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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...
Update: Semiconductors Push US Equity Indexes Higher in Midday Trading; Crude Oil Declines
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
A $1.6 Trillion Disruption: Why Wall Street Is Worried About a SpaceX Phone
Verizon stock falls while AT&T and T-Mobile also decline as the investors continue to worry about Elon Musk and SpaceX encroaching into the sector.
You’ve Got Mail, Again: AOL Is Headed Back to Wall Street in Quirky IPO
Italian media conglomerate Bending Spoons is preparing for an IPO following its purchase of AOL earlier this year. The stock looks pricey.
Pound Sterling Price News and Forecast: GBP/USD holds firm as political stability offsets UK growth miss
The Pound Sterling advances 0.11% on Tuesday, even though UK data showed the economy is slowing, while the latest US jobs report showed that the number of vacancies rose in May, according to the US Bu ...
Australian Dollar advances as hawkish RBA Minutes meet firmer US confidence data
AUD/USD trades higher near 0.6915 on Tuesday as investors digest the latest Reserve Bank of Australia (RBA) Meeting Minutes and a modest improvement in United States (US) Consumer Confidence.
IBM appoints Stagwell as lead creative partner
Regal Rexnord gains after bullish pitch from Kerrisdale
Japanese Yen extends its fall as US-Japan rate gap underpins US Dollar
USD/JPY trades around 162.65 at the time of writing, up 0.44% on the day, and remains close to its highest level in several decades.
AI arms race: Who has the best chance of turning CapEx into durable revenue?
Google launches Nano Banana 2 Lite, Gemini Omni Flash AI models
Semiconductor stock prices will clash with hyperscalers’ ROI – Citi’s Scott Chronert
Euro trims losses but Fed rate-hike bets keep gains in check
The Euro (EUR) stages a rebound against the US Dollar (USD) on Tuesday as month-end repositioning weighs modestly on the Greenback, limiting support from upbeat US economic data. At the time of writin ...