Chinese Foreign Minister Wang Yi (R) and Venezuela’s Foreign Minister Yvan Gil shake hands before their meeting at the Diaoyutai State Guesthouse in Beijing on May 12, 2025. FLORENCE LO / POOL / AFP BEIJING — Even as China eyes new opportunities to build global influence in the wake of the U.S. attack on Venezuela,…
Nvidia logo and Chinese flag are seen in this illustration taken Aug. 27, 2025. Dado Ruvic | Reuters BEIJING — U.S. President Donald Trump’s move to allow Nvidia to ship a more advanced artificial intelligence chip to China will significantly boost Beijing’s tech capabilities, according to analysts. That signals a shift in policy as the…
By Yoruk Bahceli LONDON (Reuters) -What matters in U.S. and global markets today U.S. stocks look set to build on Friday’s jump with investor hopes resting on a Fed rate cut materialising in December, but the question is how much further prices can bounce? I’ll get into all the market-moving news below, but first we…
Global stocks have fluctuated wildly over the past week, as concerns about AI valuations hang over equity markets. Some respite from a four-day sell-off followed Nvidia ‘s earnings release on Wednesday, but its own gains were quickly reversed during Thursday’s trading session as New York-listed stocks lost further ground . Friday saw U.S. stocks rebound…
A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures climbed in overnight trading Sunday as the market seeks to rebound into the Thanksgiving holiday week after a slide that’s knocked the air out of this year’s AI bull run. Futures on the Dow Jones…
CNBC’s Jim Cramer on Friday walked investors through next week on Wall Street which, although short, is chock full of earnings. He highlighted reports from retailers including Burlington Stores, Best Buy and Kohl’s, as well as tech giant Dell. “Every data point, every bit of research and earnings will be scrutinized starting Monday, just like…
As the U.S. and China settle into an uneasy one-year truce, the takeaway for investors is that each country will double-down on homegrown technology, analysts said. “Own quality exporters and R & D-rich tech stocks aligned with localization, and use scenario odds — not headlines — to assess risk,” Morgan Stanley strategists recommended in a…
Several technology stocks that investors dumped over the past week could now be primed for a comeback, according to one popular momentum indicator. Even with Friday’s stock market gains, all the three major U.S. indexes suffered a losing week. The S & P 500 dropped nearly 2%, a fraction more than the 30-stock Dow Jones…
Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index. Luke MacGregor | Bloomberg | Getty Images Bitcoin tumbled as much as 6% early Friday, hovering just above its critical $80,000 support level at one point, as investors continued their flight…
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia‘s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook. SoftBank plunged more…