Tag: stocks
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Oil back at US$80, stocks slide as Trump says Iran ceasefire over
LONDON: Oil prices briefly soared back above US$80 per barrel while stock markets slid Wednesday (Jul 8) after US President Donald Trump said the ceasefire with Iran was over, followi
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Tanker attacks send oil higher, stocks hit by AI jitters
“Crude oil rose by more than two per cent” as renewed attacks on commercial shipping revived fears over global energy supplies, analyst Axel Rudolph said.
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Stocks slip; Samsung’s record profit revives jitters on AI outlook
LONDON, July 7 : Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions.Samsung Electronics forecast a 19-fold jump i
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Stocks stumble as tech slides despite Samsung’s record profit; oil rises
LONDON, July 7 : Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions.Samsung Electronics forecast a 19-fold jump i
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Stock markets meander as US tech stocks climb
NEW YORK: Major stock markets meandered Monday (Jul 6) while US tech names climbed, as quarterly earnings season kicks into gear. After a tough end to June fuelled by worries that the valuation of companies linked to AI may have been overdone, the mood lifted last Thursday as data sho
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Hedge funds dumped chip stocks for a fourth week as AI shares sold off
LONDON, July 6 : U.S. hedge funds sold tech hardware stocks for a fourth week in a row, according to a client note from Goldman Sachs on Friday, in line with a recent decline in global chip shares and just before many of these companies will report earnings.Tech shares and especially semiconductors have prope
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Dollar down, stocks shine after disappointing US jobs data
The dollar fell after weaker-than-expected US jobs data showed the economy added just 57,000 jobs, far fewer than expected.
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US stocks retreat to open Q3 ahead of June jobs data
New Fed Chair Kevin Warsh said the Fed would “deliver price stability in the US.”
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Stocks mixed with eyes on US Fed
An analyst said new Fed chief Kevin Warsh told investors the central bank is “in price stability business.”
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World stocks pause after rally as focus turns to Warsh
MILAN, July 1 : World stocks edged lower on the first day of the third quarter on Wednesday after a strong rally, as investors awaited remarks from Fed Chair Kevin Warsh, while softer euro zone inflation cooled bets on further interest rate hikes.Oil prices stayed near pre-war levels as investors weighed sign
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