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Australian Dollar holds firm as hotter US inflation fails to cement Greenback's advantage

AUD/USD is edging higher today but is yet to retake the 0.7200 mark on Friday. The pair is clawing back part of the previous session's sharp sell-off after hitting multi-month highs in the high 0.7200 ...

Dell, HPE and HP surge on AI enterprise demand and PC, server refresh

S&P 500 gainers: Today’s top performers ranked by Quant

Global inflation watch: Muted momentum outside of energy

Overview: Inflation in August came in broadly as expected in both the US and euro area. Momentum in underlying inflation remained muted on both sides of the Atlantic (see chart). Rising energy prices, ...

China: Exports support output as property drags – DBS

DBS Group Research forecasts an improvement in China’s industrial production to 5.0% year-on-year in August, helped by strong export growth driven by AI-related electronics.

Can Snowflake Stock Keep Climbing On The Work Its AI Tools Bring In?

Snowflake (SNOW) stock has returned about 37% over the past three months, against 4.8% for the S&P 500, and trades about 8% below its 52-week high. The stock has gained more than 30% in under two mont ...

Chewy Slides 6% on Second Downgrade in Two Days as JPMorgan Cuts Target to $24; Petco Stays Put, Freshpet Nudges Higher

Two analyst downgrades in back-to-back sessions have Chewy stock cratering while the broader market climbs, and the reasoning behind both cuts points to a force that Chewy's own strong execution simpl ...

Markets Signal They're Ready for a Rate Hike. Is Warsh?

Friday’s latest inflation data looked to be hot enough to push the Fed to raise interest rates at its policy meeting next week. The Bureau of Labor Statistics reported that headline inflation did not ...

Taiwan: AI boom sustains trade surplus – Commerzbank

Commerzbank economists, led by Dr. Henry Hao and colleagues, note Taiwan’s August trade surplus hit a record USD22.3bn, driven by strong AI-related exports. Electronics and semiconductor shipments sur ...

All Sectors Are Participating in Today's Stock Rally

All sectors in the S&P 500 were trading in the green as an everything rally took hold of Wall Street. The S&P 500 was up 1%. The tech-heavy Nasdaq climbed 1.1%. The Dow rose 0.9%, or 458 points. Today ...

August CPI makes Fed decision a 'close call'

"Today's August CPI report delivered a modest upside surprise that likely narrows the ambiguity around next week's Fed decision.

Adobe's earnings show ARR growth deceleration amid freemium strategy: analysts