Inflation double feature: two data prints that could rewrite market rate-cut fantasy
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 coming weeks.The…
SpaceX-xAI deal sparks talk: could a Tesla-SpaceX merger be next?
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 eventually be…
Wedbush: buy these two ‘still overvalued’ stocks amidst software rout
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” introduced advanced…
How Apple defied the tech stocks’ rout as AI spending fears hit rivals
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 a rare…
Oil finds short-term support as oversupply eases, bearish risks linger
The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The International Energy Agency (IEA) has revised its outlook…
ai.com debuts autonomous AI agents for mainstream consumer use
ai.com, a new artificial intelligence platform founded by Kris Marszalek, co-founder and CEO of Crypto.com, has announced the launch of its Autonomous AI agent offering for consumers.The platform allows users…
Why is Nvidia stock soaring over 5% today?
Nvidia stock (NASDAQ: NVDA) surged about 5% on Friday, leading a tech rebound after a bruising week for software and data stocks.Traders said the move comes on the back of…
Why Tesla stock is rebounding over 3% on Friday
Tesla stock rose on Friday as the company attempted to close out a difficult week for technology stocks on a stronger footing, even as broader concerns about demand and competition…
Stellantis stock: why is its EV reset being punished harder than GM and Ford?
Stellantis (NYSE: STLA) suffered a historic collapse this morning, plunging more than 25% in a single session, which marks its worst day since the 2021 merger of Fiat Chrysler and…
Europe bulletin: FTSE 100 surges, EU charges TikTok, Stellantis stock plunges
Europe’s markets ended the week caught between resilience and reckoning.In London, the FTSE 100 eked out gains as banks rallied on fresh hints that rate cuts could be on the…