Some non-AI sectors could offer better portfolio resilience as Big Tech and semiconductor stocks become more volatile, Saxo Markets chief investment strategist Charu Chanana says in a note. While AI is still the most important long-term investment theme, the AI trade positioning has become increasi…
Currys FY26 UK, Ireland Like-for-like Sales Up 3%
Japan's upcoming public and private investment plans require careful attention to the risks of intensifying inflationary pressures and destabilizing the Japanese economy, says Mitsubishi UFJ Morgan Stanley Securities strategist Naomi Muguruma. As the Bank of Japan's latest tankan survey signals tha…
The NZX 50 fell 28 points, or 0.2%, to close at 13,582 on Thursday, extending losses from the previous session, mainly driven by the communication services, energy, consumer staples, and technology sectors.Communication services fell 2.8%, with Spark New Zealand, New Zealand's largest telecommunica…
Andritz AG/ Key word(s): Miscellaneous25 Years of ANDRITZ on the Vienna Stock Exchange: A Success Story02.07.2026 / 08:00 CET/CESTThe issuer is solely responsible for the content of this announcement.During a ceremony at the Vienna Stock Exchange yesterday, the international technology group ANDRIT…
By Stella QiuAsian shares extended declines on Thursday as investors rotated out of chipmakers after a stellar quarter, while currency and bond markets braced for U.S. jobs data that could give pointers to the risk of interest rate hikes.Oil prices hit new four-month lows, with Brent crude ICEEUR:B…
SHARES PULL BACK AS MARKETS AWAIT LIKELY PAYROLLS BEATGlobal shares are pulling back after a bumper quarter. Quarter-end rebalancing was partly to blame but there are also bubbling concerns about how long the AI party will go on. News that Meta plans to sell excess AI compute does make one wonder i…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are seen opening flat to slightly higher on Thursday amid eased inflation and interest-rate concerns.Brent crude prices slid to nearly $70 a barrel for the first time since the days leading up to the start of the U.S.-Iran war after Qatar said th…
Knowledge Atlas Technology, Hua Hong Grace, MiniMax Lead Declines on Hang Seng Tech Index
Hang Seng Tech Index Reverses Opening Gains; Last 0.2% Lower at 4461.93
Suzhou Kematek, Chaozhou Three-Circle Group Leading Losses on ChiNext
ChiNext Price Index on Track for Largest One-Day Percentage Loss Since October
The IT index rose nearly 4% on July 2, snapping a four session losing streak where it fell 6.5% due to concerns over the US Federal Reserve hiking interest rates later this year. An analyst said today's bounce might have more to it than just value buying.The AI trade in South Korea is weakening, as…
Sodexo 3Q Organic Growth in Europe at 0.6%
Chinese stocks fell on Thursday, dragged down by a sharp selloff in chipmakers, while Hong Kong shares rebounded on a recovery in internet heavyweights.** China's blue-chip CSI300 Index SZSE:399300 was down 1.9% by the lunch break, on track for their biggest single-day drop in a week. The Shanghai…
By Ian SalisburyFears of an artificial-intelligence bubble bursting may have you thinking about how to build a defensive portfolio. The problem? These days, finding a corner of the stock and bond markets untouched by AI takes some legwork.Most technology stocks, especially semiconductor makers, are…
The Nifty IT index is leading the market higher on Thursday, July 2, with stocks like Infosys, HCLTech and Coforge leading with gains between 4% to 5%. However, brokerage firm ICICI Securities, has downgraded seven stocks from within the sector in its latest note.ICICI Securities has downgraded TCS…
Shares of CEAT, BPCL, HPCL, IOC and other crude-sensitive companies rose on Thursday, with CEAT surging more than 4 percent, as global crude oil prices extended losses for a third straight session, raising hopes of lower input costs for sectors ranging from oil marketing and aviation to tyres and p…
By Vivek Kumar MIndian shares rose in early trade on Thursday as a drop in crude oil prices on U.S.-Iran talks and a rebound in information technology stocks after four sessions of losses aided investor sentiment.The benchmark Nifty 50 NSE:NIFTY rose 0.34% to 24,088.55, while the BSE Sensex BSE:SEN…
The U.S. dollar may be emerging from nearly a year of stagnation, with strategists increasingly arguing that the world's reserve currency is poised for a more sustained advance.The U.S. dollar index has spent the past 11 months in a relatively narrow range. But experts highlighted that recent price…
