Stocks
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Huge SK Hynix sell-off. Has the AI bubble just burst? A bargain or a return to reality?
The rise in stock prices on the exchanges, driven by artificial intelligence, resembled an uncompromising, hands-off ride on the world’s…
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Today Markets – NFP Preview
NFP preview: Will there be a World Cup boost? The June payrolls report is released today at 1330 BST, a…
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Tech Sell-off in Korea, Yen Hits 40-Year Low Ahead of NFP
Asian trading was dominated by a violent rotation out of AI/tech stocks, hitting the KOSPI and Nikkei well before the…
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Historic Ruling in Europe – Google Hit With Record Damages Award
A Swedish court has ordered Google to pay Klarna, through its subsidiary PriceRunner, approximately $1.5–2 billion in damages in an…
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Memory as the Foundation of Modern Cars. Micron and General Motors Sign Strategic Agreement
Micron and General Motors have entered into a long-term agreement for the supply of semiconductor memory used in the American…
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Warsh still uncomfortable with inflation rate, as Meta surges
The first major event risk of the week is now out of the way. Kevin Warsh spoke at the ECB’s…
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Asian Stocks Fall on Tech-Led Selloff
Asian equity markets declined on Thursday, tracking a technology-led selloff on Wall Street overnight amid lingering concerns about the sustainability…
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The defense industry is recouping losses – is this a trend change?
European and U.S. defense companies are reporting further orders that point to sustained demand for military equipment. After many months…
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Defence stocks rebound, European indices hover at all-time high – Rheinmetall gains 4%
European equities opened Wednesday’s session without a clear direction after the STOXX Europe 600 closed at a fresh all-time high…
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Nike Slides After Earnings – Shares Hit a 12-Year Low
Key takeaways Nike warns of a longer turnaround as weak China demand overshadows earnings beat The company reported revenue of…
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