Stocks in Europe and Asia took a hit on Tuesday. This happened as everyone waited for big news from the U. S. about jobs and inflation. These reports could change how interest rates move. In Europe, Germany's DAX fell by 0. 4%, while France's CAC 40 saw a small gain. The UK's FTSE 100 also dropped.
The U. S. is making big moves to boost its tech scene. The government is planning to hire 1, 000 specialists for a new "Tech Force" to work on AI and finance projects. This is a big deal because the U. S. has been falling behind in tech and shipbuilding since World War II. But now, companies from ot
Beijing Geekplus Technology Co. Ltd. Class H has caught the eye of analysts. China Everbright recently shared their thoughts. They kept their Buy rating on the tech company. They also set a price target of HK$33. 54. This news is not alone. Other analysts agree. The general feeling is positive. The
In a bold move, several crypto organizations have stood up against Citadel Securities' push for stricter rules on decentralized finance (DeFi), particularly when it comes to tokenized stocks. The clash began when Citadel sent a letter to the Securities and Exchange Commission (SEC), urging them not
The U. S. stock market saw a bit of a slide on Friday, with tech stocks leading the way down. The S&P 500 dropped 0. 5% from its record high, while the Nasdaq composite fell 1%. This isn't great news for investors who've been riding the wave of AI hype. So, what's causing this downturn? Well, it se
Wall Street is feeling the heat as tech stocks, once the darlings of the market, are taking a nosedive. The S&P 500 dropped 1. 2% from its record high, while the tech-heavy Nasdaq composite fell 1. 8%. The Dow Jones Industrial Average wasn't spared either, shedding 266 points from its recent peak.
The excitement around AI has cooled down a bit. Not long ago, any news about OpenAI would make tech stocks jump. But now, investors are more cautious. They're not as quick to believe big promises in the AI world. Things got even more complicated when Time Magazine named a group of AI leaders as Per
Markets kicked off the week with a downturn, but tech news from China gave them a boost. The S&P 500 and Nasdaq futures dipped early but recovered later in the day. Tech stocks like Nvidia, Broadcom, Micron, and Microsoft showed strength, while others like Google, Tesla, and healthcare stocks took a
BridgeBio Pharma, a biotech company focused on genetic diseases, has seen a remarkable surge in its stock price, reaching an all-time high of $75. 10. Over the past year, the stock has soared by 145%, catching the attention of both Wall Street and individual investors. The company's market value sta
On Tuesday, U. S. stocks stayed mostly flat. Investors are waiting for the Federal Reserve's decision on interest rates, which is expected on Wednesday. The S&P 500 dipped slightly, while the Nasdaq saw a small gain. The Dow Jones took a bigger hit, dropping by 0. 4%. JPMorgan Chase was a major dra
