The Nvidia headquarters in Santa Clara, California. (Bloomberg) — Nvidia Corp. closed below a key technical level for the first time since May as investors continue to rotate out of the leading maker of artificial intelligence chips. The stock fell 2% to $170.74 on Tuesday, a fourth straight negative session that took it below its…
Vladimir Putin, Narendra Modi and Xi Jinping during the SCO summit, in this photo supplied by Russian state media. (Bloomberg) — President Xi Jinping used a mix of bonhomie and economic allure this week to send Donald Trump a clear message: Beijing has too much global clout to be dictated by the US. Cameras captured…
(Bloomberg) — The next few weeks will give Wall Street a clear reading on whether this latest stock market rally will continue — or if it’s doomed to get derailed. Most Read from Bloomberg Jobs reports, a key inflation reading and the Federal Reserve’s interest rate decision all hit over the next 14 trading sessions,…
(Bloomberg) — Stocks staged a modest rebound from a technology-led selloff, setting a steadier tone at the outset of a month that could bring plenty of tests to markets trading near record highs. Most Read from Bloomberg Europe’s Stoxx 600 (^STOXX) advanced 0.2%. BAE Systems Plc (BA.L, BAESY) and Rheinmetall AG (RNMBY, RHM.DE) led gains…
Commuters on a SEPTA train platform at 30th Street Station in Philadelphia, Pennsylvania. (Bloomberg) — Employers in the US showed little enthusiasm to take on workers during August, and the unemployment rate probably ticked up to an almost four-year high, adding to evidence of a more subdued labor market. Most Read from Bloomberg Economists project…
(Bloomberg) — Chinese stocks capped another strong week of gains, intensifying a debate over the fate of a rally that’s defied the nation’s economic troubles to add $1.3 trillion in market value just this month. Turnover for the onshore market climbed to a record this month as the benchmark CSI 300 Index (000300.SS) rose for…
One kilogram gold bars. Photographer: Brendon Thorne/Bloomberg (Bloomberg) — Gold steadied after a two-day gain as investors waited for a US inflation report that’ll shed light on the path for interest rates, while assessing continued threats to the Federal Reserve’s independence. Bullion held just below $3,400 an ounce, with traders looking ahead to Friday’s US…
A statue of a bull in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Aug. 18, 2025. A gauge of Shanghai-listed stocks closed at its highest level in a decade, as cash-rich local investors plow into a market that has surged amid easing trade tensions with the US. Photographer: Raul Ariano/Bloomberg (Bloomberg) — A…
Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…
This article first appeared on GuruFocus. Apple (AAPL, Financials) is in early discussions with Google parent Alphabet (GOOGL, Financials) to use its Gemini artificial intelligence model in a redesigned version of Siri, Bloomberg reported Friday, citing people familiar with the matter. Alphabet’s shares gained 3.7% and Apple rose 1.6% in afternoon trading following the report….