The Japanese yen slipped as traders positioned for Sunday’s snap election, with markets expecting Prime Minister Sanae Takaichi to extend her hold on power and keep a reflationary…
Wall Street’s favourite macro assumption that inflation will cool “enough” to let the Federal Reserve cut rates on a predictable timetable faces a real stress test in the…
Elon Musk’s decision to have SpaceX acquire artificial intelligence startup xAI has sent ripples across global financial markets, reviving long-standing speculation about whether his sprawling corporate empire could…
The software sector is currently weathering a violent storm, characterized by a rapid sell-off that some are calling a “SaaSapocalypse.”The panic intensified this week as AI startup “Anthropic”…
Tech stocks have struggled in recent days amid fears of overspending on artificial intelligence and a sharp selloff in software and semiconductor names. Apple, however, has emerged as…
Atlassian stock price continued its strong downward trend, mirroring the performance of other software companies. TEAM plunged to a low of $100, down sharply from last year’s high…
Nvidia stock traded higher on Thursday, supported by fresh signals of heavy spending on artificial intelligence infrastructure from Google-parent Alphabet, even as much of the broader technology sector…
Europe’s news agenda turns on policy signals, capital markets, regulation and geopolitics. The Bank of England held rates at 3.75% but cracked the door to cuts, jolting sterling…
Markets are being jolted across asset classes as risk appetite frays.Bitcoin has cracked a key support level, deepening fears the crypto sell-off has further to run. In equities,…