Category: Stocks
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Stocks pause days of losses ahead of US jobs data: Markets Wrap
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(Bloomberg) — Global stocks steadied after days of declines as uncertainty persisted over the health of the U.S. economy and the pace of potential interest rate cuts by the Federal Reserve. Most Read from Bloomberg The pan-European STOXX 600 index was little changed, with chemical and mining stocks the biggest…
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Stocks claw back after tough September start
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Gasoline prices have been trending lower as oil prices have fallen and gasoline futures (RB=F) are nearing three-year lows. The average price of gasoline at the pump on Wednesday hit a six-month low of $3.32 a gallon, about $0.49 less than exactly a year ago, according to AAA data. “Coinciding…
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Billionaires Are Selling Them and Scooping Up Shares of 2 Artificial Intelligence (AI) Stock-Split Stocks Instead
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Since the advent of the Internet in the mid-1990s, investors have always found a new innovation, technology, or trend that catches their attention. However, no market has emerged more targetable since the advent of the Internet than the current surge in stock prices. artificial intelligence. What makes AI so special…
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Bitcoin Price Drops As Stocks Lose $1 Trillion In Market Value
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The past trading session saw a turbulent turn of events in financial markets, with the global equity landscape losing more than $1 trillion in market value. The stunning decline was largely driven by massive sell-offs in large-cap technology stocks, including industry giants like Nvidia (NVDA), which alone lost $360 billion…
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Bitcoin Price Drops As Stocks Lose $1 Trillion In Market Value
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The past trading session saw a turbulent turn of events in financial markets, with the global equity landscape losing more than $1 trillion in market value. The stunning decline was largely driven by massive sell-offs in large-cap technology stocks, including industry giants like Nvidia (NVDA), which alone lost $360 billion…
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Stocks Tumble Most Since August Rout, Oil Slips: Markets Wrap
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(Bloomberg) — Asian stocks fell the most since Aug. 5, tracking a selloff in their U.S. counterparts driven by a sharp drop in Nvidia Corp. Most Read from Bloomberg Shares of Asian chipmakers fell amid renewed concerns about the AI craze, dragging the regional stock index down more than 2%.…
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U.S. stocks tumble as September starts, investors cool on chips By Reuters
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(Reuters) – Wall Street’s main indexes fell on Tuesday, with the S&P 500 falling more than 2% and the Dow Jones Industrial Average falling more than 3%, as investors’ optimism about artificial intelligence faded in a broad market selloff that accelerated after tepid economic data. The Nasdaq and Dow posted…
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Asian Stocks Erase Gains as Dollar Resumes Rally: Markets Wrap
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(Bloomberg) — Asian stocks were steady and the dollar and yen rose against their peers in a sign of defensiveness as traders brace for U.S. data later this week that will offer clues on an interest-rate cut by the Federal Reserve. Most Read from Bloomberg Stocks in Australia, Hong Kong…
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Stocks Hover as Traders Brace for September Swings: Markets Wrap
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(Bloomberg) — Global stocks rose to near record highs on Monday as investors braced for what is typically the most challenging month for equities. Most Read from Bloomberg The pan-European STOXX 600 index pared most of its earlier losses after closing at a record high on Friday. Volkswagen AG rose…
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NSE to open fractional investment in stocks by December 31
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The Nairobi Securities Exchange (NSE) now plans to introduce a new trading platform by December 31, 2024 that will allow retail investors to buy a percentage or share of shares instead of paying the full price. Under the new system, known as fractional investment, an investor will be allowed to…
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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.18% By Investing.com
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Investing.com – Saudi Arabia stocks were lower after Monday’s close, as losses in the banking and finance sectors led shares lower. At the close in Saudi Arabia, the general market index lost 0.18%. The session’s top performer was Saudi Cables Co. (TADAWUL:), which rose 9.87% or 6.80 points to trade…
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Israel stocks lower at close of trade; TA 35 down 0.88% By Investing.com
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Investing.com – Israeli stocks were lower after the close on Sunday, as losses in the banking and services sectors led shares lower. At the close of trading in Tel Aviv, the index fell by 0.88%. The best performers in the session were: Energix (TASE:), which rose 0.85% or 11.00 points…
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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.36% By Investing.com
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Investing.com – Saudi Arabian stocks were higher after Sunday’s close, as gains in the banking and finance sectors led shares higher. At the close in Saudi Arabia, the general market index rose by 0.36%. The best performance in the session was that of Saudi Arabia. Amiantit Saudi Automotive Services Co.…
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2 Growth Stocks to Buy Now, According to Wall Street
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the Nasdaq Composite (NASDAQ: ^IXIC) The Nasdaq Composite closed in correction territory on Aug. 2 for the first time since early 2022. The decline was driven by a disappointing jobs report that hinted at a weakening economy. However, the growth-focused index has since rebounded 4%, and history suggests it could…
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Taiwan stocks higher at close of trade; Taiwan Weighted up 0.84% By Investing.com
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Investing.com – Taiwan stocks were higher after the close on Friday, as gains in the industrials and services sectors led shares higher. At the close in Taiwan, the index was up 0.84%. The session’s top performers on the S&P 500 were Lung Hwa Electronics Co Ltd (TW:), which rose 9.99%,…
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US stocks gain after healthy growth data; Nvidia’s guidance disappoints By Investing.com
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U.S. stocks rose on Thursday after stronger-than-expected growth data eased concerns about a sharp slowdown in the U.S. economy. At 09:40 ET (13:40 GMT), the S&P 500 was up about 100 points, or 0.2%, gaining 17 points, or 0.3%, and up 135 points, or 0.8%. GDP growth eases hard landing…
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Stocks Retreat as Nvidia Outlook Saps AI Trade
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(Bloomberg) — European stocks rose slightly and U.S. stock futures erased declines as investors assessed Nvidia Corp.’s results ahead of key economic data due this week. Most Read from Bloomberg The Stoxx Europe 600 index rose 0.3%, led by technology stocks. Nasdaq 100 futures were down 0.1% after the index…
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Tech and media stocks boost European shares By Reuters
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(Reuters) – European shares rose on Thursday, with media and technology stocks boosting the index, resisting a global decline after Nvidia’s quarterly results failed to impress investors. The European index rose 0.2% by 0712 GMT. Media stocks rose 0.5%, led by a 2.3% jump in Universal Music Group (AS:). The…
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Nvidia Countdown Keeps Stocks in Narrow Ranges: Markets Wrap
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(Bloomberg) — Markets are eagerly awaiting Nvidia Corp.’s results, with U.S. stock futures little changed and shares trading in tight ranges from Asia to Europe. Most Read from Bloomberg The world’s most influential stock is expected to set the tone for risk assets when it reports results after the U.S.…
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Asia stocks fall with Nvidia earnings on tap; Australia dips on sticky CPI By Investing.com
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Most Asian shares fell on Wednesday as technology-based indexes fell ahead of earnings from market darling Nvidia, while Australian shares fell on weak inflation data. Ongoing concerns about China also kept sentiment towards Asia on edge, after Canada said it would impose steep trade tariffs on the region’s largest economy.…