Key points China tech is now a real competitor: While U.S. giants face mounting questions around AI monetization and stretched valuations, Chinese firms are showing tangible earnings lift from AI and cloud. Restrictions are fueling innovation: U.S. export controls have forced China to double down on domestic chip development, backed by strong policy support and…
The Dow tanked over 1,200 points — a brutal 3.1% drop — with the S&P 500 sliding 3.2% and the Nasdaq getting hammered by 3.5%. Not a single Dow component was spared, and the S&P looked like a sea of red. Futures were already wobbling in premarket, but by the time Wall Street clocked in,…
China, U.S., Hong Kong, Singapore: Trip.com’s Financial Report Looms : Will It Be a Travel Industry Lifeline or a Shock to…
The US Consumer Price Index is set to rise 2.6% YoY in October, faster than September’s 2.4% increase. Annual core CPI inflation is expected to remain at 3.3% in October. The inflation data could significantly impact the market’s pricing of the Fed’s interest rate outlook and the US Dollar value. The Consumer Price Index (CPI)…
European markets on the rise despite US trade concerns. Chinese stimulus and inflation worries drive Hang Seng weakness. Crypto stocks in focus, while traders look ahead to US CPI release. European markets are enjoying an upbeat start to the week, with the uncertainty around trade relations with the US seemingly being put on the backburner…