News
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Goldman & Apollo Poke the AI Bubble: AI Adoption Rate May Have Peaked, Following MIT’s “Zero Return” Report
TradingKey - As markets still grapple with the fallout from a late-August MIT report that dented tech stocks, the AI bubble narrative appears to be gaining fresh support — this time from two major institutional reports: Goldman Sachs points to slowing AI adoption growth, while Apollo finds that AI
TradingKey
57 minutes ago
France's Macron seeks new prime minister after government's collapse
PARIS, Sept 9 (Reuters) - French President Emmanuel Macron is seeking his fifth prime minister in less than two years after opposition parties united to kick out centre-right Prime Minister Francois Bayrou over his unpopular plans for budget tightening.Reuters
an hour ago
Microsoft Lands Major Deal — Nebius Secures $17.4 Billion Compute Contract, Shares Surge 60%
TradingKey - On Monday (U.S. Eastern Time), Nebius (NBIS.US) announced a strategic agreement with Microsoft valued at up to $19.4 billion. Following the announcement, Nebius shares surged over 60% in after-hours trading.
TradingKey
2 hours ago
Nikkei 225 Rockets to All-Time High of 44,000, Fueled by 7% Tech Stock Rally; 46,000 Next?
TradingKey - On September 9, the Nikkei 225 Index achieved a historic breakthrough during early trading, surpassing the 44,000-point mark for the first time, with an intraday high of 44,185.73 points — setting a new record high and gaining over 1.2% at one point.TradingKey
2 hours ago
BitMine In, Robinhood Out: What’s Driving Cathie Wood’s Latest Bets at ARK Invest?
TradingKey - According to newly released filings from Ark Invest, the firm managed by tech bull Cathie Wood, it bought millions of dollars’ worth of shares in BitMine Immersion — an Ethereum treasury company — on Monday, while simultaneously selling shares of Robinhood, which was recently announced
TradingKey
2 hours ago
South Korea trade talks with U.S. deadlocked over forex, Seoul says
Seoul says currency issue needs to be addressed in trade dealSouth Korea in different position to Japan, officials say$350 bln investment package expected to add to pressure on wonBy Yena Park and Jihoon Lee SEOUL, Sept 9 (Reuters) - South Korea's negotiations to finalise a U.S. trade deal ar...Reuters
3 hours ago
EUR/JPY corrects to near 173.20, while both currencies face political crisis
The EUR/JPY pair trades 0.17% lower to near 173.20 during the late Asian trading session on Tuesday. The pair faces selling pressure as the Japanese Yen (JPY) bounces back against its peers, while the political crisis in Japan continues to prevail following the resignation of Prime Minister Shigeru
Fxstreet
3 hours ago
Boeing has become the centerpiece of Trump’s trade approach.
Boeing has become the unexpected centerpiece of Donald Trump’s entire global trade approach.Since he returned to the White House and restarted his tariff push in April, almost every country that reaches a new trade agreement with the U.S. ends up announcing a multi-billion-dollar Boeing jet order.
Cryptopolitan
3 hours ago
Ishiba's departure gives BOJ pause for thought on rate hikes
Politics won't derail BOJ rate hike plan but may affect timingTakaichi, proponent of low rates, seen frontrunner in LDP raceRising inflation may prod Takaichi to water down stimulus callsFiscal stimulus, yield spike may affect BOJ's QT, rate hike planBy Leika KiharaReuters
4 hours ago
Political turmoil comes thick and fast
Over the span of a few days, British Deputy Prime Minister Angela Rayner and Japanese Prime Minister Shigeru Ishiba have resigned, French lawmakers voted to oust Prime Minister Francois Bayrou, Argentine President Javier Milei's party suffered a heavy defeat and Indonesia abruptly replaced its long-Reuters
4 hours ago
Eightco Shares Surge 3,000% on Appointment of Dan Ives and Crypto Treasury Plan
TradingKey - U.S.-listed Eightco Holdings (OCTO.US) announced the appointment of Dan Ives, a prominent Wall Street technology analyst and Managing Director of Global Research at Wedbush Securities, as its new chairman. The company also revealed plans to establish a cryptocurrency treasury.
TradingKey
6 hours ago
Japan's Nikkei rises to 44,000 for first time on trade, spending optimism
By Rocky Swift TOKYO, Sept 9 (Reuters) - Japan's Nikkei share average climbed past 44,000 for the first time on Tuesday as optimism over trade and potential increases in stimulus spending spread through the market.The Nikkei 225 Index .N225 jumped 0.9% to 44,018.78 in early trading, set for a...Reuters
9 hours ago
