Surging AI power demand boosts utility stocks – The Financial Times
US investors are piling into utility stocks as the emergence of power-hungry artificial intelligence drives a surge in electricity demand and transforms growth expectations for...
Category : News En
Why fear is sweeping markets everywhere – The Economist
How quickly the mood turns. Barely a fortnight ago stockmarkets were on a seemingly unstoppable bull run, after months of hitting new all-time highs. Now...
Goldman Economists Lift ‘Limited’ US Recession Risk to 25% – Bloomberg
Goldman Sachs Group Inc. economists increased the probability of a US recession in the next year to 25% from 15%, but said there are several...
Week Ahead for FX, Bonds: U.S. ISM Services Data, Australian Rate Decision in Focus – WSJ
Below are the most important global events likely to affect FX and bond markets in the coming week starting Aug. 5. U.S. ISM data on...
Federal Reserve says first cut to US interest rates could come in September – The Financial Times
The Federal Reserve has said it could start lowering interest rates as soon as September, after US policymakers voted to hold borrowing costs at a...
BOE Tilted Toward First Rate Cut Since Pandemic – Bloomberg
It’s a close call, but Bank of England policymakers are likely to vote for the first interest rate cut since the start of the pandemic...
Meta’s AI Costs Surge as Digital Advertising Revenue Grows – WSJ
Meta Platforms on Wednesday said quarterly digital advertising grew rapidly while the company’s investments in artificial intelligence and the so-called metaverse weighed on profits. The...
Why Microsoft’s Earnings Miss Won’t Stall the A.I. Boom – The New York Times
The technology sector is facing another rough patch, after Microsoft reported mixed quarterly earnings and its shares tumbled. The company’s results are fueling more concern...
Mixed signals on tech stocks amid debate over viability of AI boom – The Guardian
Investors are sending mixed signals regarding their appetite for tech stocks, as the growing debate over the artificial intelligence boom, and a US clampdown on...
Fed Expected to Hold Rates and Signal September Cut – Bloomberg
Federal Reserve officials are likely to move closer to lowering interest rates from a two-decade high this week by signaling a potential rate cut in...