Australian Banks Outperforming on Rotation Away From AI
Banks have led the way on Australia’s share market in recent weeks, and UBS looks at what is driving this outperformance.
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Oil Falls as Market Tracks Mideast Developments
Oil prices were lower in early Asian trade as the market tracks developments in the Middle East.
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Hedge Fund Elliott Warns of FOGO: Fear of Getting Obliterated in the Market
The $80 billion hedge-fund firm posted flat returns in third quarter and under 2% gains this year through September.
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Apple’s Growth Machine Is Slowing. High Prices Might Not Save It.
Shares fall as new CEO John Ternus warns margins may weaken in future quarters.
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The Risks State and Local Elections Pose for Wall Street and the AI Trade
Investors are watching races in key states for pushback against the AI infrastructure build-out.
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Anthropic Investors Push for Cautious Valuation Closer to $1.5 Trillion
Institutional investors who plan to buy shares in the AI company’s planned IPO show concern following a selloff in tech stocks.
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U.S. Stocks Mixed as Percolating AI Fears Offset Oil Relief
Stocks ended mixed after hopes for U.S.-Iranian negotiations caused a slide in the price of oil, while concerns about a potential AI bust weighed on the technology sector.
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Oil Tumbles, but Stocks Fail To Launch
Plus, Marvell makes a big acquisition and gets punished
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