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MARK HAEFELE
Nvidia, Broadcom, Micron stocks crash: Why are tech shares down today?Nvidia, Micron, Broadcom stocks: There has been high volatility in the tech sector in the Wall Street.
Asian stocks rebound on Iran optimism, AI tradeAsian stocks rebounded, led by South Korea's Kospi, as Middle East tensions eased and artificial intelligence shares recovered. Wall Street...
European shares end at more than one-month high on tech boostEuropean shares closed at over a month's high, boosted by technology stocks and optimism surrounding a potential Middle East conflict resol...
Global Market Today: Asian stocks advance, oil gains on Iran deadlockAsian stocks advanced, buoyed by continued optimism in the AI sector, even as US-Iran peace talks faltered. Oil prices climbed, with West T...
Global Markets | European equities log steep weekly losses with no resolution to MidEast conflictEuropean stocks saw a significant weekly drop Friday. Investors are concerned about growth and inflation due to Middle East conflict disrup...
Investors flock to gold, gold miner ETFs in January in bid for safetyInvestors flocked to exchange-traded funds of gold, other precious metals and gold miners in January, seeking safety amid geopolitical unce...
Global tech shares surge as Nvidia's AI boom powers market rallyThe chip bellwether's stellar results tempered some concerns over a potential AI bubble, although questions lingered around the sustainabil...
India's lack of AI trade pushes investors towards volatile high-growth betsIndian equity markets are underperforming due to limited AI exposure, prompting fund managers to pursue high-growth strategies. Foreign inv...
U.S. equity funds see large outflows as investors book profitInvestors withdrew a massive $43.19 billion from U.S. equity funds, the largest outflow since December 2024, driven by concerns over high m...
Trump’s tariff threat could trigger recession as August 1 deadline looms, and he might not blink this timeDonald Trump's administration is warning of new export tariffs from August 1. The tariffs target the EU and Mexico. Markets are skeptical, ...
Moody's downgrade rating vs Donald Trump administration: US Stock market, Treasury yields are feeling the heatMoody's cut the United States' sovereign credit rating to "Aa1" from "Aaa". The move had a negative impact on US stock market.
Market value of Nvidia and TSMC surges in October on strong AI chip demandNvidia's market cap rose 9.3% in October to $3.26 trillion, while the company's supplier, TSMC, saw its market value increase 6.5% to $832....
Micron soars 15% to hit record high as AI demand powers strong forecastMicron Technology achieved a record high on a robust revenue forecast driven by AI hardware demand, lifting the chip index by 3%. The compa...
Micron set for record high after AI demand steers strong forecast, surprise profitThe company's stock was last trading at $111.43, on track to set a record high at market open, if gains hold.
SVB in talks to sell itself, as crisis triggers global banking routShares of SVB Financial Group were halted on Friday after tumbling 66% in premarket trading. SVB, which does business as Silicon Valley Ban...
European stocks slump following Wall Street rout on rate worriesThe continent-wide STOXX 600 index slid 1.7%, reversing much of the mid-week gains. Technology, automakers and mining stocks were the top l...
Wall Street Week Ahead: Investors stick to stocks, but gear up for bumpier rideWorries over slowing growth in China and other major economies have hit prices for oil, copper and other raw materials while the US dollar,...
World’s largest wealth manager tells investors: Lower expectationsHaefele joins his Wall Street counterparts in voicing concerns over returns this year.
Currencies paint a bleak picture for global growthThe clincher is that confidence is fading in the ability of monetary policy to boost economies.
The cities around the world most at risk of property bubblesMunich, Toronto, Vancouver, Amsterdam and London are the next most vulnerable in the bank’s Global Real Estate Bubble Index of 20 major cen...