Tag: markets
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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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Japan’s Nikkei hits record high as Asia markets rise amid Middle East concerns
Asia-Pacific markets opened higher even amid concerns over volatile oil prices with the Strait of Hormuz remaining closed.
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We’re upping our Palo Alto price target after strong earnings vanquish AI disruption fears
The business momentum is clear here, validating the stock’s dramatic comeback to fresh highs.
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