Berkshire Hathaway, led by Warren Buffett, has continued selling Bank of America shares, shedding over $3.8 billion since mid-July. Berkshire sold 19.2 million Bank of America…
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Wall Street indexes slumped Thursday; megacap tech, chip stocks, and small-caps faced heavy selling amid renewed U.S. economic slowdown fears. Fresh data revealed an eight-month low…
A dramatic yen rally is harnessing market momentum, prompting investors to quickly adjust as trend-followers reverse course. The yen has risen 8% against the dollar in…
Major European equity markets fell Thursday after corporate earnings reports, while upcoming U.S. policy easing boosted global bonds. The Federal Reserve kept rates steady but hinted…
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…
Nvidia is developing China-compatible AI chips adhering to U.S. export controls, according to three informed sources. The AI chip company introduced its “Blackwell” chip family in…
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…
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…