Nvidia shares rise 2% in after-hours trading after Trump’s announcement US has concerns over AI chips aiding China’s military Trump says same approach will apply to AMD, Intel WASHINGTON, Dec 8 (Reuters) – The United States will allow Nvidia’s (NVDA.O), opens new tab H200 processors, its second-best artificial intelligence chips, to be exported to China…
LONDON, Nov 24 (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? Sign up here. I’ll get into all the market-moving news below,…
S&P 500 down 4% from Oct record high, Nasdaq off 7% from peak Volatility rising, indexes see biggest swings since April Tech stock declines, prospects for Dec Fed rate cut in focus NEW YORK, Nov 23 (Reuters) – Stock market investors are preparing for a turbulent year-end sparked by uncertainty over near-term Federal Reserve interest…
FTSE 100, FTSE 250 log weekly losses Reeves is expected to raise taxes next week ASOS shares drop on lower profit forecast Nov 21 (Reuters) – London’s FTSE 100 recovered ground on Friday, trimming earlier losses as increased expectations for Federal Reserve interest rate cuts improved global market sentiment, while investors now await next week’s…
AI stock valuations raise bubble concerns amid sharp pullbacks Buffett Indicator signals overvaluation, surpassing dot-com bubble levels Nasdaq’s AI rally mirrors early dot-com bubble stages, lacks runaway optimism NEW YORK, Nov 21 (Reuters) – The biggest bout of volatility in U.S. stocks in months has revealed cracks in the artificial intelligence-related rally, raising questions about…
A look at the day ahead in European and global markets from Gregor Stuart Hunter It turns out Nvidia’s earnings could only smother the blaze on markets for so long. Sign up here. Stock markets are tumbling again after a renewed selloff in tech shares on Wall Street on Thursday, and even though there were…
Item 1 of 3 Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu [1/3]Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong…
ORLANDO, Florida, Nov 20 (Reuters) – Wall Street experienced a wild rollercoaster ride on Thursday, opening sharply higher on another set of strong results from artificial intelligence giant Nvidia, only to end deep in the red as investors reassessed that optimism and mixed signals from the first U.S. jobs data since the government shutdown ended….
SEOUL, Nov 19 (Reuters) – South Korea plans to unveil incentives for long-term stock investors, while making efforts to ensure foreign exchange stability, its finance minister said on Wednesday. Since taking office in June, the administration of President Lee Jae Myung has vowed various reforms to boost the domestic stock market, driving a rally in…
FTSE 100, FTSE 250 fall over 1% Banks decline for second straight session Ocado slumps as US partner Kroger closes robotic warehouses Imperial Brands rises after beating profit forecast Nov 18 (Reuters) – London stocks fell on Tuesday with financials extending losses, while global markets remained wary as fading hopes of a Federal Reserve interest…