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Nvidia’s rally takes a break after forecasts leave investors nonplussed
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Building a Diversified Crypto Portfolio with AI-Driven Asset Allocation: Maximize Your Gains
Investing
Oil rebounds as geopolitics, demand concerns whipsaw investors
Investing
Safe-haven yen, US dollar rally on escalating Middle East tension
Chip stocks slip, keeping European shares muted ahead of data-heavy week
Date: August 26, 2024
By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -European shares were broadly flat in quiet trading on Monday, with semiconductor stocks leading the technology sector lower as investors looked ahead to several key economic data releases this week for more clues on the path of monetary policy. Stocks of European semiconductor stocks slipped as focus...
Stocks edge lower, oil jumps on supply concerns over Mideast, Libya
Date: August 26, 2024
By Chibuike Oguh and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World equity markets edged lower on Monday as markets digested the likelihood of U.S. interest rates being lowered soon, even as oil prices jumped amid increased tensions in the Middle East. The benchmark S&P 500 index and the Nasdaq gave up early gains and traded lower,...
Nvidia Q2 sales likely to double, even a slight miss may hurt shares
Date: August 26, 2024
By Arsheeya Bajwa (Reuters) – Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. But investors used to its blockbuster results will be expecting even more from the artificial intelligence chip giant. A beat or a miss on Wall Street expectations could either stoke or shatter an AI rally...
BHP’s return to Argentina marks new hope for untapped copper mines
Date: August 23, 2024
By Daina Beth Solomon and Divya Rajagopal SANTIAGO/TORONTO (Reuters) – A new incentive regime for mining in Argentina is attracting major players such as BHP, who are starting to eye the South American country as the world’s next frontier for copper, more than half a dozen mining industry officials told Reuters. BHP’s investment last...
Dollar rebounds against euro before Powell speech
Date: August 23, 2024
By Karen Brettell NEW YORK (Reuters) -The dollar rebounded from a 13-month low against the euro on Thursday before Federal Reserve Chair Jerome Powell is due to speak on Friday and as the greenback’s recent weakness was seen as being overdone. The U.S. currency has fallen on concerns about a weakening economy and on...
Wall Street muted as investors look to Fed after stocks recovery
Date: August 22, 2024
By Lawrence Delevingne and Huw Jones (Reuters) -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent lifetime highs, and as investors awaited clues on interest rate cuts from the Federal Reserve on Friday to decide on their next move. Oil was steady after a run of declines driven by expectations of...