The Nasdaq Composite closed at a record high on Aug. 7, even though new tariffs on imports from dozens of countries were implemented. With this, the index has posted 17 all-time closing highs in 2025 and drove Invesco QQQ QQQ, which serves as a proxy to the index, higher. While most of the stocks in…
A simple handshake between President Xi Jinping and once-shunned entrepreneur Jack Ma sent Chinese tech stocks booming in recent weeks as it was interpreted as the latest sign the sector is being brought in from the cold – though experts advise caution. Beijing launched a regulatory blitz on the industry in 2020 that triggered a…
By Michael Kahn PRAGUE (Reuters) – Estonia, a Baltic country of 1.4 million people that has long punched far above its weight in the tech sector, is now leading central and eastern Europe’s rush to fund defence projects spurred by Russia’s 2022 invasion of Ukraine. It is not hard to see why. While heightened security…
China’s growing influence in artificial intelligence (AI), as evident from DeeepSeek’s apparent success, has sparked renewed optimism in that country’s tech sector. The Hang Seng Tech Index climbed 1.8% on Friday, marking a 20% rebound from its January low. Leading the surge are Xiaomi Corp. and Alibaba Group Holding Ltd. (BABA), both rallying nearly 30%…
Albert Edwards warns of a growing bubble in US stocks driven by AI enthusiasm. US stocks now represent 75% of global market cap, and tech stocks are 35% of the US market. Edwards’ bearish views contrast with Wall Street’s optimistic S&P 500 targets for 2025. Albert Edwards, the famously bearish strategist at French investment bank…