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Investing.com – U.S. stocks were hovering around the flatline Tuesday, as a wobble in tech weighed on the broader market, a day ahead of key inflation data. At 12:55 ET (17:55 GMT), the fell 20 points, or 0.1%, while the index traded largely flat and the gained 0.2%. Oracle pressures tech sector, but Alphabet shines …
Investing.com– Most Asian stocks jumped on Tuesday with Chinese shares rallying on optimism around more stimulus measures from the world’s second largest economy, while the Reserve Bank of Australia held interest rates steady, as expected. China has committed to implementing more proactive fiscal stimulus measures and adopting moderately looser monetary policies in 2025, the government…
Read More “Asia stocks jump on China stimulus optimism, RBA holds rates steady By Investing.com” »
By Liam Mo and Brenda Goh BEIJING (Reuters) -China said on Monday it has launched an investigation into Nvidia Corp (NASDAQ:) over suspected violations of the country’s anti-monopoly law, in a move widely seen as a retaliatory shot against Washington’s latest curbs on the Chinese chip sector. The statement from the State Administration for Market…
Read More “China targets Nvidia with antitrust probe, escalating US chip tensions By Reuters” »
Investing.com — The closed at a record high on Friday, wrapping up a strong week for US stocks. The Dow climbed 426.16 points, or 0.97%, to settle at 44,296.51, marking its highest close ever and extending its winning streak to three sessions. Meanwhile, the edged up 0.35% to 5,969.34, securing gains for the fifth consecutive…
Read More “Jam packed week ahead of Thanksgiving By Investing.com” »
Investing.com — Tesla’s recent stock surge of approximately 40% since the U.S. election is being driven more by investor sentiment than fundamental changes, according to UBS analysts on Monday. The rally has added over $350 billion in market capitalization, propelling Tesla (NASDAQ:) to what UBS previously considered an upside valuation case. “From a narrative perspective, especially…
