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US TECH SURGE
SoftBank posts $7 billion quarterly loss as AI investment risks mountSoftBank Group reported a $7 billion quarterly loss, reversing last year's profit, as volatile AI investments weighed on earnings. Its $64....- Jensen Huang's influence over Nvidia raises questions about AI industry's dependenceNvidia CEO Jensen Huang's influence extends beyond the chipmaker, shaping AI investment, chip supply and industry sentiment. His central ro...
- Wall Street brokerages call AI stock selloff overdone, see buying opportunity in tech stocksWall Street brokerages Morgan Stanley, UBS and HSBC consider the recent AI stock selloff excessive, maintaining confidence in long-term inv...
- Singapore to launch gold vaulting service for foreign central banks, ease taxes to boost bullion tradSingapore's central bank will introduce a gold vaulting service for foreign central banks and financial institutions. This initiative aims ...
- China, Hong Kong stocks rise as AI shares rally, oil prices slideChinese and Hong Kong stocks edged higher as a rally in global technology shares and falling oil prices lifted sentiment. AI-linked stocks ...
- Chinese chipmakers Denglin and Xinde make mixed Hong Kong market debutsChinese chipmakers Suzhou Denglin Technology and Jiangsu Xinde Semiconductor Technology made contrasting Hong Kong market debuts after rais...
- China’s trade surplus tops $1 trillion for second straight year as exports surgeChina's trade surplus reached $1.04 trillion in January-October, crossing $1 trillion for a second consecutive year. October exports rose 3...
- China's trade surplus surpasses USD 1 trillion for 2nd straight year, as exports surge 35 per centChina's trade surplus has surpassed USD 1 trillion for the second consecutive year as exports continue to rise significantly. Imports incre...
- South Korean shares surge over 3% as tech stocks rebound, oil prices easeSouth Korean shares surged 3.57%, snapping a three-session losing streak, as gains in US technology stocks and falling oil prices boosted i...
- Japan's Nikkei surges nearly 3% as AI stocks extend rebound; SoftBank jumps 14%Japan's Nikkei index jumped nearly 3% on Tuesday as AI and semiconductor stocks recovered from Friday's sharp selloff. SoftBank Group surge...
- Global Market Today: Asian stocks rally after US tech surge, oil slumpSouth Korea’s Kospi Index jumped more than 5% in early trading while Japan’s Nikkei 225 rose nearly 3%. A broader gauge of Asian shares adv...
- D-Street poised for positive start as GIFT Nifty signals gainsThe Indian market concluded lower during the special Muhurat Trading session, breaking a seven-session winning streak. Analysts indicate st...
- US dollar holds onto payrolls gains, NZ dollar rises after electionDollar index steadies at 102.20 after jumping about 0.7% Friday * Fed hike bets rekindled after receding amid AI stock selloff * NZ ballot ...
- Dollar jumps after strong US payrolls reportThe US dollar index jumped significantly following the Labor Department's report indicating an increase of 165,000 jobs last month, which f...
- US polls hit tech stocks; Qcomm’s Dhanteras gold rushUS technology stocks took a major beating days after the Democratic Party took control of both chambers of the Congress. This and more in t...
- D-St defies Asia rout! Sensex surges 1,500 pts, Nifty tops 24,900 as Diwali fireworks continue. What's ahead?The Indian stock market defied global trends by experiencing gains, with Sensex and Nifty both rising up to 1% today. While international m...
- Stock markets down today: Dow Jones plunges 1,753 points, S&P 500 drops 4% and Nasdaq enters correction - why Wall Street reversed its post-election rallyStock markets down today: Wall Street's post-election rally quickly turned into a major sell-off as the Dow plunged 1,753 points and the Na...
- US stocks today: US stocks rally after Democrats' midterm sweep as AI infrastructure stocks slideUS stocks rallied after Democrats secured control of both chambers of Congress in the midterm elections, easing concerns over major policy ...
- Global markets were already fragile. Big AI bets could break themInvestors flocked to bonds. Yields, which move inversely to price, fell from multidecade highs, with the benchmark 10-year Treasury, which ...
- D-Street poised for positive start as GIFT Nifty signals gainsIndian equity markets enjoyed a rally, spurred by robust buying in major stocks such as Reliance Industries. Analysts pegged immediate supp...
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