European markets set to open lower as positive sentiment vanishes
European stocks are expected to open lower on Tuesday, reversing largely positive sentiment at the start of the week. Source link
World economy
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Thursday, October 9, Nikkei 225, ASX
Asia-Pacific markets were set to open higher Thursday, tracking Wall Street gains as investors shrugged off concerns of an artificial intelligence bubble. Nvidia shares advanced Wednesday stateside after CEO Jensen Huang said that demand for AI computing is “substantially” up in the last six months. Stocks of CoreWeave also jumped after the AI cloud provider…
European markets set for lackluster open amid a difficult week for the region
European stocks are expected to hover around the flatline at the open on Wednesday as markets lack direction during a difficult week. Source link
Stoxx 600, FTSE, DAX, CAC, France
LONDON — European stocks ticked lower on Tuesday, with all eyes on France after the resignation of Prime Minister Sebastien Lecornu plunged the country into a fresh political crisis. The pan-European Stoxx 600 index was down 0.2% by 8:36 a.m. in London (3:36 a.m. ET), with most sectors and major bourses in the red. France…
Japan’s Nikkei 225 hits record high for second straight day
Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise. pongnathee kluaythong | Moment | Getty Images Japan’s Nikkei 225 hit a record high Tuesday for the second straight session, lifted by a tech rally on Wall Street after a massive deal between OpenAI and AMD —…
Case for investing abroad despite record U.S. market gains
Investors may want to boost their exposure overseas. “Home bias is about as bad as it’s ever been in the United States. The average investor has far too much of their money sitting in the United States,” ETF.com’s Dave Nadig told CNBC’s “ETF Edge” this week. Nadig, the firm’s president and director of research, delivered…
Hitachi shares soar over 10% on partnership with OpenAI
A logo of Japan’s high-tech giant Hitachi at an exhibition in Tokyo on October 29, 2013. Hitachi announced its group net profit rose 8.8 percent in the first half of the fiscal year, from a year earlier to 32.77 billion yen as the weaker yen and cost-cutting. AFP PHOTO / Yoshikazu TSUNO (Photo credit should…
Silicon Valley’s defense tech startups are booming as war shifts
Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop…
Stoxx 600, FTSE, DAX, CAC
LONDON — European stocks opened higher on Thursday, building on positive momentum in the previous session. The pan-European Stoxx 600 was 0.5% higher by 9 a.m. in London (4 a.m. ET), with most sectors trading in positive territory. Autos and technology stocks led gains, with their respective indexes each trading around 2% higher. Shares of…
Asia markets to open higher after Wall Street shrugs off U.S. government shutdown
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and…