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…
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…
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…
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,…