Despite a stronger-than-anticipated increase in US jobs growth for September, the unemployment rate also climbed as more workers entered the labour market seeking employment. With the Federal Reserve recently…
Bridgewater Associates founder Ray Dalio believes artificial intelligence spending has created bubble‑like conditions in financial markets.Yet despite the froth, he cautions investors against rushing to liquidate their holdings.Speaking…
Russia’s central bank announced Wednesday that its engagement with the domestic gold market—both buying and selling for the National Wealth Fund (NWF)—has been on the rise, citing the…
Brazil’s Ibovespa fell on Wednesday, pressured by a 2.5% drop in oil prices and concerns following the liquidation of Banco Master, which triggered losses across the banking sector.Local…
Semrush (SEMR) soared over 70% on Wednesday after Adobe Inc (NASDAQ: ADBE) announced plans to acquire the search engine marketing platform for $1.9 billion in cash.ADBE deal values…
Schwab Center’s chief investment strategist, Liz Ann Sonders, pushed back against the notion that retail investors “must” hold Nvidia (NASDAQ: NVDA) in massive quantities in a CNBC interview…
Europe’s political and economic landscape is shifting on several fronts this week.In the UK, the government faces tough questions over tax thresholds and stubborn inflation, even as price…
Politics, tech, and crypto all delivered major headlines on Wednesday.The White House has kicked off its search for a new Federal Reserve chair, Nvidia’s highly anticipated earnings have…
Asian semiconductor stocks rallied sharply on Thursday after Nvidia reported stronger-than-expected quarterly results, helping calm concerns that rapid investment in artificial intelligence could be forming a market bubble.…