A $439 billion rally in Chinese tech megacaps this year has left their once-unbeatable US peers in the dust, an outperformance that many investors say has room to extend. An equal-weighted basket of China’s seven tech heavyweights including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. — dubbed the “7 titans” by Societe Generale SA…
As global markets face heightened volatility with U.S. consumer confidence dropping and tech stocks experiencing significant declines, the Asian markets are drawing attention for their potential in the high-growth tech sector. In this climate, identifying promising stocks involves looking for companies that demonstrate resilience to economic pressures and have strong innovation pipelines, making them well-positioned…
A look at the day ahead in U.S. and global markets from Mike Dolan The S&P500 stock benchmark plunged into the red for the year this week as an Nvidia-led selloff, economic slowdown fears and re-ignited trade war fears jarred while the dollar surged anew. Following Big Tech megacaps and small cap indexes into negative…
A look at the day ahead in European and global markets from Kevin Buckland It’s been building for a long time, but worries about the destabilising and economically destructive potential of Donald Trump’s trade policies seem to have come to a head at the end of the month, rippling across all asset classes. Europe is…
A look at the day ahead in U.S. and global markets from Mike Dolan Rancorous geopolitics continues to grab most headlines again this week, but it’s creeping anxiety about a slowing U.S. economy that’s unnerving investors most about Wall Street stocks. Wary of Wednesday’s results from megacap chip giant Nvidia, the S&P500 lost its 6,000…
A look at the day ahead in European and global markets from Stella Qiu It is a sea of red in Asia as investors grapple with risk posed by the U.S. intensifying its technology war with China in areas as varied as artificial intelligence, quantum computing and aerospace. The U.S. also is seeking to toughen…
PUTRAJAYA, Feb 23 — China’s president Ji Xinping and African leaders are coming to Malaysia in a few more months, Prime Minister Datuk Seri Anwar Ibrahim said today. He said it is imperative for the government to keep building up Malaysia’s diplomatic and economic engagements so as to ensure the country remains competitive in trade,…
A look at the day ahead in U.S. and global markets from Mike Dolan Old and new economy stocks keep Wall Street pumped up this week as tech and steel sectors advance on a mix of tariff news and an artificial intelligence buzz, with Treasuries in thrall to Federal Reserve boss Jerome Powell’s latest trip…
A look at the day ahead in U.S. and global markets from Mike Dolan Another forecast miss from a U.S. megacap combines with caution ahead of January’s employment report to keep a lid on stocks into Friday’s open – with buoyant long-dated Treasuries squashing the yield curve to its flattest for the year. Much like…
By Jiaxing Li SHANGHAI/HONG KONG (Reuters) – China’s markets return from a week’s break on Wednesday to a fresh trade dispute with the United States and ructions in the global artificial intelligence sector. Investors said they are watching for what Beijing would do to bolster confidence. The early signs point to a measured open for…