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Business & Finance
US stocks declined on Monday after the US attacked Iran for the first time in weeks, fueling a rise in oil prices and increased bets that the Federal Reserve would raise interest rates at its September meeting
Of late, Micheal Burry has been skeptical on the developments in the technology sector. Recently, Burry disclosed short positions in Oracle (ORCL) and Nebius Group (NBIS) citing “rising leverage risks linked to off-balance-sheet commitments across the technology and cloud sectors.”
(Bloomberg) — As investors debate whether and when the Federal Reserve will raise interest rates, market expectations for further tightening are building around the world — and spelling trouble for bonds
US stock futures found a footing on Wednesday after Iran launched surprise attacks against the US, lifting oil prices, and South Korea’s benchmark index got hammered again, pointing to continued selling pressure in US chip stocks at the open
Drop comes after South Korean company SK Hynix’s results undershoot investors’ expectations
Ford (F) shares rose on Wednesday after the Big Three automaker reported second quarter results that topped expectations, in addition to upbeat guidance driven by strong profit growth
South Korea’s finance minister apologized on Wednesday after retail investors racked up heavy losses from leveraged bets on stocks, following rule changes earlier this year
Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition
U.S. stocks ended mixed on Monday, with the Dow ending in positive territory as oil prices fell and investors awaited earnings reports and guidance from a batch of big tech companies scheduled to report quarterly results this week. Investors also looked forward to the Federal Reserve’s decision on interest rates when officials meet for the…