Tag: week
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AI stocks bounce back after bruising selloff, CoreWeave gets Goldman upgrade
Oct 19 : AI-linked stocks bounced back on Monday from a bruising selloff last week as yields on government bonds dropped and crude oil prices eased, while CoreWeave gained following a rating upgrade.Its shares were up 2.4 per cent in choppy trading after losing a quarter of their value last week as the neoclo
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AI stocks bounce back after bruising selloff; CoreWeave jumps on Goldman upgrade
Oct 19 : AI-linked stocks bounced back on Monday after a bruising selloff last week, as lower Treasury yields and easing crude oil prices offered some relief, while neocloud firm CoreWeave surged following a rating upgrade.CoreWeave jumped 3.4 per cent after losing more than a quarter of its value last week,
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US chip stocks rise after steepest weekly selloff in months
Oct 19 : US chip stocks recovered some ground on Monday, bouncing after a bruising selloff last week as lower Treasury yields and easing crude oil prices offered some support to the recently battered AI trade. The iShares Semiconductor ETF, which is the largest ETF tracking US chip-related companies in terms
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Oil slips from five-month high with Hormuz transits in focus
LONDON, Oct 19 : Oil prices slipped on Monday as investors booked profits from the multi-month highs hit at the end of last week, with the focus remaining on the potential for the conflicts in the Middle East and Ukraine to alter the global oil supply-demand balance. Brent crude futures fell $1.34, or 1.22 p
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CoreWeave stock, bond set for weekly plunge as rate-hike fears hit AI bet
Oct 16 : CoreWeave’s shares and bonds were set for steep weekly losses on Friday, underscoring investor worries over the cloud-computing company’s $50 billion debt load that has rippled across the AI industry.The Nvidia-backed company came into focus this week after the latest inflation data boosted bets on i
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As AI rally wobbles, stock market’s spotlight turns to earnings
NEW YORK, Oct 16 : Stumbles in the market-leading AI trade are set to test investor confidence in the rally in the coming week as Wall Street focuses on quarterly results due from key players including Meta Platforms.AI-linked stocks, central to the bull market that just marked its four-year anniversary, str
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Brazil’s Congress approves shorter working week in win for Lula
Lula’s supporters hope the measure will boost his popularity ahead of a presidential run-off in 10 days.
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Dollar holds 18-month high as Gulf tension, US inflation keep investors on edge
NEW YORK, Oct 12 : The dollar held at an 18-month high on Monday, supported by safe-haven demand as attacks escalated in the Middle East over the weekend, keeping investors cautious ahead of key US inflation data later this week.The dollar index, which tracks the US currency against six others, was up 0.37 p
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Dollar hovers near 18-month high as Gulf unrest, US inflation keep investors on edge
NEW YORK/LONDON, Oct 12 : The dollar held near an 18-month high on Monday, supported by safe-haven demand as an escalating Middle East conflict kept investors cautious ahead of key US inflation data later this week.Oil prices were volatile after Yemen’s Iran-backed Houthis stepped up strikes on Saudi Arabia,
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Coco Rocha’s ‘full circle moment’ as Ireland Fashion Week impresses
Now in its second year, Ireland Fashion Week takes place this week.
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