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The correction in AI stocks following Broadcom’s (AVGO)...
Wall Street has piled into the dollar debasement story; however,...
A senior advisor at a US practice recently got back four to six...
The AI trade has become increasingly crowded. Everyone is...
A blowout May jobs report doubled what Wall Street penciled in, and the market did exactly what a stretched, top-heavy tape does when good news lands: it sold the rate-sensitive winners and bought...
Intel is taking a hit on a day it had nothing to do with. INTC is down about 3% to roughly $109, dragged lower in a sympathy selloff after Broadcom’s soft AI chip guidance spooked the entire...
Sterling is climbing. GBP/USD has risen to around 1.3454, up about 0.27% on the session, pushing back toward the $1.35 handle as optimism over a Middle East ceasefire saps the dollar’s...
Risk-Off Market Amid Ceasefire ConcernsWednesday ended firmly in risk-off territory, with European and US stock indices on the ropes and Asia-Pacific bourses following suit. The S&P 500 fell 56...
Oil prices remain tightly bound to events in the Middle East. Without a normalisation of regional oil flows, the market is increasingly exposed to sharp upward swings as inventories continue to...
“Never. No. We’re not sellers. We’re only acquiring and holding Bitcoin. That’s our strategy.” — Michael Saylor, Bloomberg, January 2022 Four and a half years...
The correction in AI stocks following Broadcom’s (AVGO) disappointing guidance gave investors a lesson in how quickly momentum can fade. Stocks go up, and stocks go down. But one strategy...
Tech correction accelerates, with semiconductors down 4.8%. On the heels of yesterday’s whipsaw in the market, where opening losses were largely erased by the end of the day, we find...