The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Target posted a drop in quarterly sales and lowered its full-year profit guidance on Wednesday as the big-box retailer saw choppy spending and shoppers hunting for value. Despite its ongoing…
Global investor sentiment for artificial intelligence remains buoyant, despite on the ongoing equities sell-off. European and Asia markets have seen days of consecutive losses, tracking their U.S. counterparts lower as pressures mount on AI-related stocks and their valuations. The pan-European Stoxx 600 on Tuesday notched its lowest level in a month, with major bourses opening lower on Wednesday, while Asia-Pacific markets fell. Stateside, stock futures were little…
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images The Dutch government on Wednesday said it suspended its intervention at Chinese-owned chipmaker Nexperia, following constructive talks with Chinese authorities. “We see this as a show of goodwill,” Dutch Economy Minister Vincent Karremans…
Hong Kong’s stock exchange reported its highest quarterly profit in nearly four years after China’s stimulus measures boosted trading and listing volume. Bloomberg | Bloomberg | Getty Images HONG KONG — The boom in initial public offerings in Hong Kong has offered a long-awaited release valve for private equity firms sitting on aging China portfolios,…
Regent Street in London celebrates the Christmas season on November 13, 2025 in London, England. Ben Montgomery | Getty Images Entertainment | Getty Images The U.K.’s inflation rate cooled to 3.6% in October, according to the latest data from the Office for National Statistics. Economists polled by Reuters had expected a rate of 3.6% in…
Traders work on the floor of the New York Stock Exchange during morning trading on November 17, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images LONDON — European stocks are set for a soft open on Wednesday as doubts continue over tech stocks, with investors eagerly awaiting Nvidia…
A Tesla Inc. robotaxi on Oltorf Street in Austin, Texas, on June 22, 2025. Tim Goessman | Bloomberg | Getty Images Tesla has obtained a permit to operate a ride-hailing service in Arizona, the state’s department of transportation said. The electric vehicle company applied for a “transportation network company” permit on Nov. 13, and was…
People walk in a shopping mall in the Sanlitun area in Beijing, China, on April 4, 2025. Kevin Frayer | Getty Images News | Getty Images EQT, one of the largest private market investors in the world, is doubling down on Asia, calling the region a big growth engine and home to some of the most compelling opportunities…
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Eschcollection | Digitalvision | Getty Images Asia-Pacific markets traded mixed Wednesday, tracking Wall Street declines as concerns about artificial intelligence valuations continued to pressure tech stocks. Japan’s benchmark Nikkei 225 index reversed course to rise 0.5%, while the Topix index added 0.55%. Technology sector had dragged the Nikkei 225 index lower in early trading, led…
