Quantum computing stocks take a hit as Nvidia CEO predicts long road ahead By Reuters – Investing.com
Written by Alshiya Bajwa (Reuters) – Quantum computing stocks fell on Wednesday after Nvidia (NASDAQ:) Chief Executive Jensen Huang said commercialization of quantum computing technology is probably 20 years away. , a year-long rally was paused. The long wait for the “very useful quantum computer” outlined by Huang has put a damper on a field […]
Shares muted in Asia, high yields test lofty valuations By Reuters – Investing.com
Written by Wayne Cole SYDNEY (Reuters) – Asian stocks had a calm start to the week on Monday. That's as high U.S. Treasury yields challenged Wall Street's wealthy stock valuations while supporting the dollar near multi-month highs. This week, the New Year holiday was approaching, so the volume was low, and the data diary was […]
Stocks rally as investors cheer US inflation relief By Reuters – Investing.com
Written by Amanda Cooper and Wayne Cole LONDON/SYDNEY (Reuters) – Global stocks rose on Monday after U.S. inflation data showed hope for further policy easing next year and relief that Washington avoided a government shutdown. After the huge success of recent central bank decisions, this week we'll only see the minutes of a few of […]
Citi completes split of Mexico business ahead of Banamex IPO – Reuters
Dec. 2 (Reuters) – Citigroup (CN)A new tab will open Wall Street giant Banamex announced on Monday that it has completed the separation of Banamex from its institutional banking business in Mexico as the retail bank prepares to go public. The move to separate Groupe Financiero Citi Mexico from Groupe Financiero Banamex is part of […]
Dollar edges higher amid rate, political uncertainty By Reuters – Investing.com
Written by Wayne Cole SYDNEY (Reuters) – The dollar edged higher on Monday in what is shaping up to be a crucial week for prospects for U.S. interest rate cuts, while the yen's recent rebound was supported by bets that domestic interest rates will rise. The dollar also called on BRICS members on Saturday to […]
Morning Bid: Trump's BRICS warning shines light on emerging FX By Reuters – Investing.com
Written by Jamie McGeever (Reuters) – Future outlook for the Asian market. Global market attention on Monday is likely to focus on the dollar, particularly its performance against emerging market currencies, after US President-elect Donald Trump issued a warning to so-called BRICS countries over the weekend. . In a social media post on Saturday, President […]
Tech stocks spark Europe market rebound; inflation data looms By Reuters – Investing.com
Written by João Manuel Vicente Mauricio and Ankika Biswas (Reuters) – After two days of declines on concerns about possible U.S. tariffs and economic and political challenges in France, tech stocks led a rally in European stocks on Thursday, with investors now in the Interest rate cuts are closely monitoring inflation reports for clues about […]
Shares rise ahead of Nvidia results; BOJ's Ueda offers few rate hints By Reuters – Investing.com
Written by Lei Wee SINGAPORE (Reuters) – Global stock markets got off to a strong start this week ahead of Nvidia's (NASDAQ:) long-awaited results, but in Japan, a speech by the central bank governor left markets wondering about the country's interest rate outlook. I took a more enlightened view. Bank of Japan Governor Kazuo Ueda […]
STOXX 600 finishes lower ahead of key earnings reports By Reuters – Investing.com
Written by Paolo Laudani, Ankika Biswas, and Johan M. Cherian (Reuters) – European stocks ended volatile trading in the red on Monday ahead of a series of big corporate results, although stable oil prices boosted the energy sector. The continent as a whole fell 0.6%, with the real estate sector leading the way with a […]
'Trump trade' lifts dollar, Asia stocks await China news By Reuters – Investing.com
Written by Tom Westbrook SINGAPORE (Reuters) – Asian stocks regained early gains on Thursday after a housing policy briefing in China underwhelmed investors, while the dollar rallied for the first time in two-and-a-half months on the prospect of President Donald Trump taking office. The price remained near the highest price. Global bonds were firm as […]