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Trading Day: Chips bounce back, oil eases Reuters
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Stocks fell as volatility hit chipmakers anew after blowout earnings from Samsung Electronics Co. left investors wanting even more. Bonds fell as oil rose by the most in more than a week.
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General Fusion expected to become the first publicly traded, pure-play fusion company
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Asian stocks tumble on AI jitters after Samsung forecast; oil stable Reuters
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Asian tech stocks slumped, as investors used Samsung Electronics Co.’s results to lock in profits on a stellar year-to-date chip rally, rotating into unloved sectors less prone to earnings shocks.
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China’s central bank announced a slew of measures aimed at enhancing Hong Kong’s role in promoting overseas use of the yuan as well as boosting the city’s financial connectivity with the mainland.
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China giveth and China taketh away. Beijing managed to do both these things at once in its response to the Strait of Hormuz oil shock. By massively reducing its imports of crude, it gave to the world, becoming the “invisible hand” that stopped prices from reaching $200 a barrel. But what if much of
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Future of indebted group is a potentially expensive issue for UK’s presumptive next prime minister
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Saudi oil price cut unlikely to convince sated Asia buyers, traders say Reuters
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Solstice CEO says Wall Street misread ESI acquisition after 15% stock drop