U.S. tech sell-off stretches to third day
The tech rout Stateside looks set to continue into a third day with giants such as Oracle, Palantir and Salesforce all suffering double-digit losses for the week. The gloom is contagious in the crypto...
6 Helmi 27min
Nasdaq sinks for second day as AI jitters prompt massive tech sell-off
The Nasdaq suffers back-to-back losses of more than 1 per cent for the first time since April following a massive tech sell-off that sees almost $1tn wiped from tech stocks as A.I. related concerns re...
5 Helmi 28min
European corporate earnings in full swing
UBS posts quarterly profit of $1.2bn and hikes its dividend by 22 per cent and reaffirms its forecasts for the year. The Swiss lender says it is on track to fully integrate Credit Suisse later this ye...
4 Helmi 26min
KOSPI and Nikkei lead global market recovery
Global equity markets bounce back with South Korea’s KOSPI notching its best session in almost six years and the Nikkei closing at a record high. Metals prices also stabilise and claw back some of the...
3 Helmi 29min
Metal prices continue last week's rout
Gold and silver spot prices continue to plunge following Friday’s rout which saw the worst one-day decline since 1980 as investors digest President Trump’s decision to nominate Kevin Warsh as Federal ...
2 Helmi 26min
Markets await new Trump Fed pick
European equities are set to open in the green but Stateside futures are expected to lose ground ahead of President Trump’s eagerly anticipated announcement of a new Federal reserve chairman. Former F...
30 Tammi 26min
Tesla sales slump in first annual revenue drop on record
Tesla suffers a fall in its annual vehicle sales for the first time in its history but shares are still in the green as the auto maker posts a beat on earnings. Tesla has also announced it will be axi...
29 Tammi 28min
Dollar slides as Trumps shrugs off decline talk
The U.S. dollar whipsaws and falls to a four-year low against a basket of currencies following comments from President Trump that he remained sanguine about the greenback’s recent slide. All eyes are ...
28 Tammi 25min
