Tag: markets
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Trump tariff plans weigh on European stocks; Dulux owner’s shares halted as takeover falls through
Investors are also continuing to monitor developments in the U.S.-Iran war after tensions escalated overnight.
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CNBC Daily Open: Records upon records for major markets
Wall Street marks another round of fresh record highs, but will new trade tensions and deadlock over Iran start to take the shine off the AI trade?
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Bitcoin hits lowest since February as crypto competes for liquidity with blockbuster IPOs
Bitcoin continues to decline as stocks hit record highs, with investors also eyeing big IPOs.
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Investors bet humanoid robots will transform industry and homes over the next decade
“Be ready for it,” said one fund manager who sees enormous opportunities in the space.
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Big Tech’s AI ambitions pose a major power test for Europe
Japan’s SoftBank on Saturday announced plans to build 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031.
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U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
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Goldman Sachs cuts Hong Kong stocks in favor of mainland China AI hardware plays
The investment bank on Wednesday cut its rating on H shares to market-weight from overweight, while staying overweight mainland China’s A shares.
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Australia’s first-quarter economic growth misses estimates on severe weather, weak demand
The country’s GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists’ expectations for a 2.6% growth.
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U.S., Iran intensify attacks as ceasefire frays, peace talks stall
The regional conflict has hardened into a stalemate as the U.S. and Iran failed to turn a fragile ceasefire into a lasting peace deal.
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Oil climbs as U.S.-Iran trade strikes while Trump says negotiations with Tehran underway
U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles following “attempted attacks” by Iran.
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