Wall Street is waiting for Friday’s CPI report, which could determine whether the Federal Reserve raises interest rates next week. August CPI is expected to rise 0.4% from July and…
The Japanese yen has soared in the past few weeks, and is now hovering near its highest level since February this year. The USD/JPY pair has dropped to 154.17, down…
US stocks fell for a third straight session on Wednesday as rising oil prices and Treasury yields added to investor concerns over inflation and the Federal Reserve’s interest-rate path. The…
Adobe stock (NASDAQ: ADBE) has beaten Wall Street expectations consistently, but investors seem unimpressed. The Photoshop maker reports fiscal third-quarter results after the US market closes on Thursday, with analysts…
Nvidia stock (NASDAQ: NVDA) is sitting less than 5% below its record high, but the next catalyst arrives on September 10. Chief executive Jensen Huang will participate in a fireside…
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…
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…
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…
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 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…
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,…
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…
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 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…
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…
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