USOIL Slides after OPEC+ Delays Meeting
Oil prices slump today after the organization pushed back for next week its upcoming meeting, amidst hopes that further supply cuts could be considered
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Oil prices slump today after the organization pushed back for next week its upcoming meeting, amidst hopes that further supply cuts could be considered
The tech-heavy index dropped yesterday after the Fed’s minutes showed no discussion around rate cuts, but finds support today, boosted by another blowout quarter by AI facilitator Nvidia
The chip giant posted new record top and bottom lines on Tuesday on strong demand for its artificial intelligence infrastructure and projects further growth ahead, despite negative impact from US trade curbs
Watch today’s US Open for insights on the latest around the OpenAI leadership change and the impact in the tech sector, the incoming results from AI enabler Nvidia, the USD/JPY slide and more
The tech world reacted positively to Microsoft’s handling of the OpenAI surprise leadership change and now awaits today’s quarterly results of AI enabler Nvidia, with the stocks of both hitting record highs
The commodity made a strong start to the week as China looks to provide further support to the real estate market and troubled developer Sunac meets restructuring conditions
The company that sparked the generative Artificial Intelligence arms race ousted its CEO, in a surprise move that could undermine the AI advantage of collaborator Microsoft and reshape the AI landscape
The pair jumped earlier in the week due to the cool US CPI report and despite some consolidation it does not appear bothered by the substantial progress on inflation in Eurozone as shown by today’s data
Shares of Chinese tech giant Alibaba slump after abandoning plans to spin its Cloud unit due to US chip restrictions, weighing on HKG33
Watch today’s US Open for insights on the UK inflation cool down, the strong labor data from Australia, Burberry’s poor results and more
The British high-end fashion designer reported underwhelming H1 FY24 results on Thursday and warned it could miss its full year revenue guidance, amidst a decline in luxury spending
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