Deutsche Bank has upgraded US technology stocks to overweight, reversing a downgrade made just three weeks earlier, according to a Reuters report on Monday. The bank had cut the sector to neutral on October 9, but now advises clients to hold more tech than usual. The shift comes after a $2 trillion selloff in the Nasdaq.
Do you think the recent tech selloff is a buying opportunity or a warning…
Intel reported third-quarter earnings that actually beat analyst expectations, yet its stock suffered its worst single-day crash in 50 years. The selloff was driven by the company's warning of a prolonged slump in the PC market, which overshadowed any positive news about demand for its AI chips. For investors, the contrast highlights how even a legacy chip giant can be punished when its core…
General Motors will move its stock listing from the New York Stock Exchange to Nasdaq starting November 17th. The company's ticker symbol will remain GM. The automaker has informed shareholders that no action is required on their part due to the switch.
Do you think a company's exchange listing influences how investors perceive it?
The push for artificial intelligence leadership is creating financial turbulence. Chinese stock markets have lost trillions of dollars in value over recent months, with a key technology index on the Shanghai exchange falling 40% since June. Other major market indexes have also dropped by roughly 20% in that period, amid concerns over company profitability and competitive pressure from Western nati…
Anthropic, the company behind the Claude chatbot, has filed publicly for a stock market listing. The filing shows rapid revenue gains alongside even larger losses. Analysts have valued the San Francisco-based firm at over $1.5 trillion, and it will trade under the symbol ANT.
Does a company's revenue growth justify heavy losses in your view?
The S&P 500 dropped 1.2% on Thursday, its worst day since July, while the Nasdaq composite fell 2.6%, driven by sharp declines in AI-related stocks tied to datacenter and chip costs. Despite the tech rout, the majority of non-AI stocks actually rose, and the Dow Jones Industrial Average eked out a gain of 11 points. Oil prices hit their highest since May amid worries about the war with Iran.…
Brent crude oil just hit a five-month high, crossing $111 a barrel, while major tech names like Nvidia and Meta saw their stocks slide. The sell-off wasn't contained to the U.S. — Asian benchmark indexes dropped as much as 3.5%, coming just a week after South Korea's Kospi index plunged 7.57%.
Do you track oil prices alongside crypto when managing risk in your portfolio?