Apple supplier Foxconn exceeded expectations with a 6% profit rise, driven by AI server demand, affirming strong full-year growth.The world’s largest electronics maker anticipates strong AI…
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U.S. producer prices rose less than expected in July, as service costs dropped, reinforcing hopes for an interest rate cut.The Labor Department report showed moderating inflation,…
U.S. stocks reached a two-week high Tuesday as softer producer prices fueled expectations of a September Federal Reserve rate cut.Megacap and growth stocks, led by Nvidia’s…
Wall Street’s indexes fluctuated amid recession fears and a yen surge, capping off a volatile week in global marketsAll major indexes faced weekly losses, with the…
The dollar neared a one-week high Friday, following a sharp drop in U.S. jobless claims, easing recession concerns.China’s yuan rose after stronger-than-expected inflation and a firmer…
Asian stocks fluctuated Thursday, while yen and U.S. bonds tried rebounding, as global investors navigated a volatile market week.Japan’s Nikkei swung from -2.5% to +0.8%, finally…
Siemens’ supervisory board plans to accelerate its tech transition by expanding the management board from five to seven members.Siemens announced Peter Koerte and Veronika Bienert will…
Wall Street indexes rose Wednesday, boosted by megacap stocks and Japan’s dovish policy shift after last week’s surprise rate hike.Most tech stocks gained over 2%, with…
The stock market volatility spike benefits asset managers offering “buffer” ETFs, which trade upside potential for downside protection.In three years, assets in these products surged from…
Wall Street’s indexes rose over 1% Tuesday as investors sought bargains post-selloff, boosted by dovish Federal Reserve comments.All S&P 500 sub-indexes rose, with the real estate…