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Investing.com– Asian stocks kept to a tight range on Wednesday as technology shares turned skittish before key earnings from Nvidia Corp , while Chinese markets struggled after Beijing left its benchmark lending rates unchanged. Regional markets took little strength from a positive overnight session on Wall Street, which was spurred…
By Arsheeya Bajwa (Reuters) -Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters, but as analysts expect a slower pace of growth, how the company overcomes delays and supply chain issues to sell its latest AI chips is likely to be a barometer for its stock…
Investing.com– Most Asian stocks rose on Tuesday with local technology stocks tracking overnight strength in their U.S. peers, with focus this week squarely on an interest rate decision in China and Japanese inflation data. Regional markets took some positive cues from Wall Street, as a rally in major tech stocks,…
By Lewis (JO:) Krauskopf NEW YORK (Reuters) -Nvidia Corp’s results in the coming week could guide the U.S. stock market on its next path, as investors turn their focus to the technology sector and artificial intelligence trade after an election-fueled rally stalled. A nearly 800% run in shares of Nvidia…
By Nupur Anand NEW YORK (Reuters) – U.S. regulators warned bankers on Wednesday that the government will continue to beef up efforts to fight money laundering and enforce know-your-customer rules. One week after Donald Trump’s presidential election victory, banking industry experts gathered in New York and were focused on his…
By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) -World stocks dropped for a second successive day on Wednesday, jolted by another push higher in U.S. Treasury yields ahead of inflation data that could inform the pace of Federal Reserve policy easing. MSCI’s all country world index was last down 0.2%,…
By Sinéad Carew and Lisa Pauline Mattackal (Reuters) -Wall Street’s three major indexes closed lower on Tuesday as investors booked some profits from a post-election rally and waited anxiously for U.S. inflation data due this week. The indexes had rallied to record highs since the Nov. 5 U.S. election as…
Investing.com– Most Asian stocks moved in a flat-to-low range on Tuesday as Chinese markets struggled after recent fiscal measures from Beijing underwhelmed, with focus turning to an upcoming U.S. inflation reading this week. Risk appetite was seen mostly cooling after global stock markets clocked strong gains in the immediate aftermath…
Investing.com– Gold prices fell in Asian trade on Monday (NASDAQ:), extending losses from last week as risk appetite remained mostly upbeat following Donald Trump’s victory in the 2024 presidential election. The yellow metal was also pressured by strength in the dollar, as the greenback steadied before more cues on U.S.…
US airlines have ditched first class for improved business cabins to optimize space and revenue.Some global carriers are adopting a different strategy as demand for more onboard luxury spikes.Ultra-wealthy travelers will book first class on routes that private jets can’t reach. Delta Air Lines and United Airlines years ago eliminated…