Top 3 catalysts for the S&P 500 Index, VOO, and SPY ETFs
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising…
Why China’s top money managers believe the AI bubble is about to pop
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade.After an explosive run-up in semiconductor…
Kospi suffers worst week since March: Why has the index turned so volatile?
South Korean stocks ended their worst week in more than three months on Friday, capping a turbulent stretch that has also prompted comparisons between the country’s benchmark equity index and…
Micron rescues AI trade as blockbuster earnings spark global chip rally
A blockbuster earnings report from Micron Technology (NASDAQ: MU) breathed fresh life into the artificial intelligence trade on Thursday, sending semiconductor stocks surging globally and temporarily easing investor concerns over…
Wall Street futures mixed today: 5 things to know before the market opens
US stock futures found a tentative bid on Wednesday, but the rebound looked more like a pause than a reset.After two sessions of selling, investors moved back into parts of…
SpaceX stock tanks 3%: are investors fleeing after Monday’s $400B rout?
SpaceX stock (NASDAQ: SPCX) fell again in premarket trading on Tuesday, extending a sharp post-IPO reversal that has raised some hard questions for investors.The stock slipped about 3.5% before the…
Jio IPO could unlock value and drive next growth phase, analysts say
Shares of Reliance Industries Ltd rose on Monday after the conglomerate’s annual general meeting (AGM) unveiled a series of growth initiatives, including the proposed listing of Jio Platforms, artificial intelligence…
Why a hawkish Fed isn’t scaring Wall Street
US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts.Several major financial institutions have recently pushed back their forecasts for monetary easing,…
Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand
Alcohol companies have had fewer reasons to say “cheers” in recent years.Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink less. The…
TCS, Infosys lead Indian IT rout as Accenture sparks demand fears
Indian IT shares fell sharply on Friday after Accenture’s weaker outlook revived concerns that global technology spending remains fragile despite strong investor enthusiasm around artificial intelligence.The Nifty IT index dropped…