Business News
Nasdaq Slides as AI Spending Concerns Trigger Global Tech Rout
Nasdaq slumps amid AI spending concerns, dragging global technology shares lower despite resilient earnings from major companies.
Category: Wall Street
Stocks and Markets
Global Stocks Retreat as Tech Sell-Off Deepens
Global equity markets declined, driven by tech stock sell-off, rising oil prices, and inflation concerns amid geopolitical tensions.
World Business News
Morgan Stanley Beats Profit Estimates on Equity Trading Surge as Wealth Unit Posts Record Inflows
Morgan Stanley earned $3.03 a share in the third quarter, beating estimates, as equity trading revenue jumped nearly 41% to $5.8 billion.
Stocks and Markets
European Stocks Edge Lower as Chip Selloff Offsets Bank and Energy Gains
The STOXX 600 ended Tuesday marginally lower as a global chip rout hit ASML and Infineon, while Finnair jumped 11% after raising its outlook.
World Business News
Wall Street Ends Little Changed as Bank Earnings Split Investors
US stocks finished near record levels on Tuesday as bank earnings sent shares in different directions, with Wells Fargo falling 3.1% and Bumble surging…
Business News
Global stocks weaken as technology sell-off weighs on markets
Global equities retreated as semiconductor weakness and mixed bank earnings offset easing bond yields and oil prices, despite improved IMF growth projections.
Business News
Wall Street Mixed, KOSPI Tumbles 3.6% as Saudi Attacks Push Brent Above US$106
Renewed attacks on Saudi Arabia lifted crude oil, while hawkish Fed comments raised the odds of an October rate hike to around 22%.
Wall Street
Wall Street Gains Ahead of Inflation Data
Global equities rose ahead of US inflation data, with easing oil prices boosting investor sentiment amid geopolitical risks.
Stocks and Markets
AI Jitters and Oil Surge Hit Global Stocks
Global stocks fell as AI trade weakened and oil prices surged, with US tech shares and Asian markets leading declines.
Stocks and Markets
Bond market pressure mounting
Wall Street and global markets declined as Treasury yields hit multi-decade highs, sparking concerns over lending, AI growth and crude oil gains.
Wall Street
Wall Street Tech Gains Push Indices to Record Highs
Wall Street indices hit records as chipmakers rally; easing Treasury yields and stable oil prices support sentiment across global markets.
World Business News
Nasdaq Hits Record High Despite Rising Yields
Nasdaq hits record high, AI stocks rally; global equities advance despite rising U.S. yields, easing oil prices support Europe.
Wall Street
Wall Street Higher as Yields Ease
Wall Street rose slightly amid easing US Treasury yields, while investors await upcoming US payrolls data for direction.
World Business News
Wall Street Slips Again as Yields Hit Multi-Decade High
Wall Street mixed as yields hit multi-decade highs; Europe weak, Asia mostly higher with Nikkei surging on tech rebound.
Stocks and Markets
Wall Street Slips as Yields Stay Elevated
Wall Street declined amid high Treasury yields and falling consumer confidence, with mixed global market responses.
Wall Street
Wall Street Retreats as Yields Hit 19-Year High
Wall Street experienced a decline due to high bond yields and geopolitical tensions affecting global markets.