News
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Citi Downgrades Nvidia Price Target, Predicting Broadcom’s XPU Could Cost Nvidia $12 Billion in 2026
TradingKey - Shortly after Broadcom (AVGO), the ASIC chip giant, reported strong Q2 earnings, Citi made a rare move by downgrading its price target on Nvidia, signaling that Nvidia’s competitive moat may be facing a real challenge from Broadcom.
TradingKey
3 hours ago
Wall St set to open higher as Fed rate-cut expectations firm
Sept 8 (Reuters) - Wall Street's main indexes were set for a higher open on Monday, rebounding from the previous session's decline, amid hopes that the Federal Reserve could lower borrowing costs soon in response to the latest jobs data.Reuters
3 hours ago
German exports unexpectedly fall, investor morale plunges
Sept 8 (Reuters) - German exports unexpectedly fell in July on a sharp decline in U.S. demand due to Washington's tariffs on European imports, official data showed on Monday, while a survey indicated that investor morale has plunged this month.Reuters
4 hours ago
A Black September for U.S. Stocks? Except for the Fed Rate Cut
TradingKey - Starting around the historically strong “July rally,” Wall Street analysts have increasingly voiced concerns about a weak third quarter for U.S. equities — citing the so-called “dangerous August” and the “September curse.” Yet in reality, risk appetite has outweighed valuation concerns,
TradingKey
4 hours ago
Gold rallies into uncharted territory, fueled by Fed easing bets and global risks
Gold (XAU/USD) begins the week on an impressive bullish note, soaring to fresh all-time highs above $3,600 per ounce on Monday. The move extends last week’s rally amid growing conviction that the Federal Reserve (Fed) will cut interest rates at its September monetary policy meeting...
Fxstreet
5 hours ago
EchoStar Shares Surge 61% on Spectrum Sale and Strategic Alliance with SpaceX
TradingKey - EchoStar Corporation (SATS.US) soared 61% to $108 in pre-market trading on Monday, following the announcement of a major transaction worth approximately $17 billion with SpaceX, the company led by Elon Musk. As of this report, the stock was still up over 22%.
TradingKey
5 hours ago
ASML Makes a Bold Move into AI with €1.3 Billion Investment in Mistral, Targeting US Model Independence
TradingKey - On Monday, reports emerged that semiconductor equipment manufacturer and lithography giant ASML has announced its investment in French AI startup Mistral AI, committing €1.3 billion to become the company's largest shareholder. This collaboration between the two European tech firms is se
TradingKey
6 hours ago
Japanese PM's Resignation Sparks Market Panic: Yen and JGBs Sold Off Amid "Abenomics Return?" Fears
TradingKey - On September 7, Japanese Prime Minister Shigeru Ishiba announced his resignation on the eve of the Liberal Democratic Party's decision on whether to hold a temporary leadership election on the 8th, citing "unwillingness to cause party division."
Japan Q2 GDP Gets a Boost from Consumer Spending; Political Uncertainty Clouds Outlook
TradingKey - On Monday, September 8, Japan's Cabinet Office announced an upward revision of the country's second-quarter GDP, driven by increases in private consumption and savings. The GDP growth rate was adjusted from 0.3% to 0.5% quarter-on-quarter, equating to an annualized rate revised from 1.0TradingKey
6 hours ago
Hedge Funds Ramp Up Call Options on RMB — Racing to Break 7 or Staying Cautious?
TradingKey - The weak August nonfarm payrolls report — highlighting persistent U.S. labor market weakness — is pushing the Federal Reserve toward its first policy shift of the year. With a weakening dollar outlook, hedge funds are ramping up call options on the Chinese yuan (RMB) against the U.S.
TradingKey
6 hours ago
Volkswagen in advanced talks with US over investment deal
VW in talks with US to mitigate tariff impactInvestment in US would boost supply chain, local employmentCEO says Porsche brand in 'sandwich' between China, tariffsUndecided whether Blume will give up VW or Porsche CEO role By Christoph Steitz and Louisa Off MUNICH, Sept 8 (Reuters) - Volk...Reuters
7 hours ago
U.S. August CPI Data Will Determine the Fed's Rate Cut Size，Apple’s Fall Launch Event Draws Investor Attention【The week ahead】
TradingKey - This week, markets will focus on the August CPI and PPI data—should inflation readings show further cooling, it could strengthen the case for a Fed rate cut.
TradingKey
7 hours ago
Dow Jones futures tick higher as prospects for Fed rate cut strengthen
Dow Jones futures rise 0.15% to trade above 45,500 during European hours on Monday, ahead of the United States (US) market open. Meanwhile, the S&P 500 futures gain 0.18% near 6,500, while Nasdaq 100 futures climb 0.31% to around 23,750.Fxstreet
8 hours ago
The Dollar’s Bear Market Could Reignite as BofA Warns of Nixon Rerun & Morgan Stanley Expects More Pain Ahead
TradingKey - Amid uncertainties from Trump’s tariffs and threats to Fed independence, the U.S. Dollar Index (DXY) has fallen 10% in 2025 year-to-date. While the dollar showed signs of bottoming in the second half, Bank of America and Morgan Stanley warn that the dollar’s decline is far from over —
No iPhone 17 Air & No AI, Apple’s 2025 Event May Fall Flat for Chinese Consumers
TradingKey - On the eve of Apple’s annual event, key anticipated features have hit roadblocks: the long-awaited, completely redesigned ultra-thin iPhone 17 Air may be excluded from the Chinese market due to hardware incompatibility, and Apple Intelligence, Apple’s AI functionality, is expected to beTradingKey
9 hours ago
Japan PM hopefuls prepare leadership bids, markets recoil
PM Ishiba resigned after bruising election lossesEx-foreign minister Motegi first to announce bidFinancial markets recoil on political uncertaintyFiscal dove Takaichi seen among frontrunnersLDP leadership vote likely on October 4, source saysBy Kaori Kaneko and Rocky Swift TOKYO, Sept 8 (Reuters)...Reuters
9 hours ago
PRECIOUS-Gold hovers near record high on US rate-cut prospects
China's central bank buys gold in August for 10th month in a rowGold hit record high of $3,599.89/oz on FridaySpeculators raise net long positions in gold - CFTCBy Brijesh Patel Sept 8 (Reuters) - Gold held firm near an all-time high on Monday, inching closer to a key $3,600 level, bolstered ...Reuters
10 hours ago
OpenAI plans to support feature-length Critterz
OpenAI is backing the production of Critterz, an AI-generated animated film scheduled for a global theatrical release in 2026. The AI company plans to provide its tools and computing power to help produce the feature-length animated film and hopefully prove that AI can make movies faster and at a loCryptopolitan
11 hours ago
