DAX Index outlook: Top 3 news to move German stocks this week
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The DAX Index has moved sideways in the past few weeks as investors reacted to the recent German earnings season. It ended last week at 26,046 points, slightly higher than…
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More details of the mega Anthropic IPO are coming out: here’s what we know
Anthropic, the giant company in the artificial intelligence (AI) space, is planning to launch the biggest IPO in the coming weeks. As this happens, more details, including banker selection and…
Software stocks are back from the dead as AI fuels growth: can the rally continue?
Earlier this year, a fear psychosis had gripped investors that advances in AI would replace software firms, and the sector was all but written off. Anthropic’s launch of new plugins…
Dow closes 270 pts lower as strong jobs report lifts September Fed rate-hike bets
US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting. The Dow Jones Industrial Average…
Volkswagen stock jumps 7% after brutal job cuts: why investors are cheering
Volkswagen announced a painful restructuring, and investors responded by sending the shares sharply higher. The German automaker plans to eliminate another 50,000 jobs by 2030, taking planned reductions to about…
China’s Moonshot AI files for Hong Kong IPO, seeks $3 billion: report
Chinese artificial intelligence start-up Moonshot AI has taken a major step towards the public markets, confidentially filing for a Hong Kong initial public offering that could raise about $3 billion,…
Dow closes nearly 300 pts higher as US stocks rebound despite bond yield concerns
US stocks rose on Wednesday as Treasury yields eased from recent multiyear highs, allowing the major indexes to recover part of their losses from a three-day losing streak. Investors also…
Why OpenAI’s smartest new model could become a headache for Microsoft stock
Microsoft’s relationship with OpenAI has been central to its artificial intelligence strategy, but a forthcoming model highlights a growing risk as more powerful AI may also become harder to deploy…
Dell stock falls before earnings: strong AI demand will not alone sustain 250% rally
Dell Technologies DELL shares fell over 4% on Tuesday ahead of the company’s quarterly earnings report, as broader market weakness and rising bond yields weighed on technology stocks. Inflation concerns…
KOSPI rebounds as chip stocks recover while Nikkei 225 slides on bond shock
Asian stocks came under pressure on Tuesday as another surge in global bond yields collided with higher oil prices, leaving Japan’s Nikkei 225 and South Korea’s KOSPI navigating a difficult…