Disappointing Microsoft results wiped $340 billion in value from AI competitors, while Nvidia rallied after AMD’s results. Chipmaker gains and customer losses highlight an AI landscape…
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Nasdaq fell 1% Tuesday; chip and megacap shares dropped pre-Big Tech earnings; financial stocks kept Dow steady pre-Fed decision. Microsoft, a leading AI frontrunner, will release…
FIMA 2024 is the world’s leading data and analytics event for investment banks and asset managers. Connect with data and analytics leaders from T1 banks, for…
European shares dropped on Friday amid economic uncertainties and a global outage affecting airlines, banks, and financial services. This turbulent market week saw a tech sell-off…
Asian equities fell Thursday, driven by chip stocks, as U.S.-China trade tensions rose. Meanwhile, the yen remained firm. The U.S. dollar hovered near a four-month low,…
Morgan Stanley’s Q2 profit exceeded expectations due to a surge in investment banking and trading revenues, despite muted wealth management. The bank, like Bank of America…
Apple’s stock hit a record high as Morgan Stanley’s increased price target and “top pick” status highlighted AI’s potential sales impact. To compete with Google and…
Wall Street surged Monday as Trump’s survival boosted his reelection odds, while hopes for interest-rate cuts lifted market sentiment. Under Trump, markets anticipate stricter trade policies…
Nasdaq and S&P 500 dropped from peaks due to large-cap stocks; investors turned to small-caps on hopeful rate cut signals. A recent Labor Department report indicated…
Asian stocks hit record highs Thursday; sterling reached a four-month peak on strong growth, as traders anticipated easing U.S. inflation. U.S. stocks reached new highs on…