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The S&P and Dow close in the red after the Labour Day long weekend, with recovery concerns growing. Meanwhile big tech stocks push the Nasdaq to another record high. It’s a bumpy ride for Bitcoin after El Salvador's launch of the crypto as an official currency gets off to a rocky start amid protests and tech teething trouble. And German Chancellor Angela Merkel implores voters to back Armin Laschet in this month's election, as candidates make their pitch for the premiership, with her Conservatives lagging in the polls.
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Crude prices slip as President Trump claims an “energy ceasefire” between Russia and Ukraine days after announcing a controversial diesel deal with Moscow. The U.S. President has also said he's considering joining Saudi Arabia in its fight against the Iran-backed Houthis following strikes on Riyadh…
CNBC confirms that OpenAI told investors its annualised revenue came in roughly $20 billion below that expected at the end of September, with the news pushing AI names including Nvidia, Oracle and Coreweave deep into the red. Meanwhile, Ray Dalio tells us the stock market's cushion against rising y…
Tech stocks sell off across Asia, with trade on South Korea's Kospi briefly halted following a fall in U.S. chip names. Elsewhere, the IMF hikes it outlook for global growth this year, as the AI investment boom offsets the impact of surging energy. Meanwhile, Ukraine accuses Russia of continuing to…
ASML tops third quarter profit forecasts - Europe's largest company flagging order interest through to 2030 as it looks to boost capacity. Elsewhere, ECB President Christine Lagarde essentially rules out intervention by the central bank in France, telling Paris it will have to manage its own debt p…
AI jitters roil markets, pulling tech stocks lower stateside, sparking a sell-off across Asian equities. U.S. inflation comes in hotter-than-expected, with a surge in energy prices accounting for half the rise. Elsewhere, Anthropic tells investors revenue hit almost 17 billion dollars in the third …
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