AI stocks lose appeal amid heavy spending and slowing earnings growth
The one-month selloff in technology stocks might indicate sector rotations by major funds as the investment cycle shifts. Quarterly earnings reports also suggest a slowdown…
Asian Stocks Eye Mixed Start as Volatility Wanes: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian stocks were poised for a mixed open on Monday as traders shifted focus to key US data prints this week after…
US stocks buoyant as investors return after global sell-off
A rising tide swept stocks higher, and calm returned to Wall Street after Japan's market soared earlier Tuesday to claw back much of the losses…
Stocks fall sharply in broad-based sell-off after weak U.S. jobs report
Traders work on the floor of the New York Stock Exchange on Wall Street in New York City on July 29. All three indexes were…
Global stocks plunge after tech-driven sell off and US growth fears
European tech firms are also struggling - the Stoxx Europe 600 dropped 1.5% at the start of European trading. Japan's benchmark Nikkei 225 index closed…
Germany’s business climate worsens in July: European stocks plunge
Germany's business sentiment worsened more than expected in July, marking the second consecutive monthly decline, bolstering fears that the Eurozone's largest economy is once again…
Asian Stocks Pressured After Big Tech Disappoints: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian stocks were poised to open flat to lower, following an unimpressive start to the earnings reports from the “Magnificent Seven” megacap…
US stocks tumble as tech share rebound falters | Financial Markets
Fears of new trade tensions with China drive main indexes lower.Wall Street’s top indices fell as a rebound in tech shares tumbled, adding to losses…
Chip stocks shed $480bn on China trade fears, Trump’s Taiwan comments | US Election 2024 News
US told allies it is considering using the most severe trade curbs available if companies continue giving Beijing access to advanced semiconductor technology.Wall Street’s semiconductor…
Trump Media, gun stocks surge after assassination attempt | US Election 2024 News
Crypto stocks, gun stocks and shares of other companies that could benefit from a Donald Trump presidency are up after an assassination attempt on the…
Stock market today: Asian stocks mostly fall, Euro drop on French election outcome
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressZimo ZhongPublished Jul 08, 2024 • 3 minute read You can save this article by registering for…
Labour’s landslide win: What does it mean for the pound and UK stocks?
The Labour Party wins UK general election, securing a landslide majority. Analysts see positive implications for UK assets and economy. ADVERTISEMENTIn a seismic shift for…
US Debate Fallout Spurs Prison, Oil Stocks; Pot, Renewables Lag
Breadcrumb Trail LinksPMN BusinessEquities traders across multiple sectors are rearranging their positions in the aftermath of the much-anticipated presidential debate between President Joe Biden and…
Nebraska Republican blocks Democrats’ attempt to fast-track bump stocks ban
1 of 6 | Senate Majority Leader Chuck Schumer, D-N.Y., had planned to pass a bill banning bump stocks by unanimous consent after the Supreme…
Asian Stocks Drop on Worries Over Global Risks: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian stocks fell in early trading as concern over a political crisis in France fanned anxiety in global markets, while a flurry…
US top court rejects federal ban on gun ‘bump stocks’ | Gun Violence News
Supreme Court rules prohibition on device that increases the firing rate of semi-automatic weapons is unlawful. The United States Supreme Court declared a federal ban…
Supreme Court strikes down ban on rapid-fire ‘bump stocks’
WASHINGTON — The Supreme Court on Friday struck down a federal ban on “bump stocks” like those used in the nation’s deadliest mass shooting, when 60…
Weekly markets recap: European stocks sink on political jitters
Global markets were mixed this week as European stocks tumbled on political turmoil, while Wall Street hit a new high fueled by a tech rally.…
EU Elections: Will far-right surge pressure renewable energy stocks?
The surging power of far-right factions in the EU Parliament may place the renewable energy sector under significant pressure. Major French green energy stocks have…
Weekly market recap: Record moment resumes as tech stocks lead the way
Risk-on sentiment prevailed in global markets as the Nvidia-led tech rally buoyed Wall Street, while the ECB’s rate cut sent the Euro Stoxx 600 to…