Stocks
Korean Stocks Plunge 8% as AI Bets Unwind, Threatening Global Rally
South Korean stocks tumbled over 8%, triggering a trading halt, as investors pulled back from AI bets that fueled the world's biggest...
Stocks 986 articles
Stocks
GoHealth Seeks Lender Ownership Via Chapter 11 Filing
GoHealth Inc. (GOCO) filed for Chapter 11 bankruptcy protection on Sunday to restructure its balance sheet and transfer ownership to lenders. This...
Stocks
Korea’s AI Boom Drives Government Bond Yields to 2023 High
South Korea's government bonds have lost 7.5% this year, the worst among 44 markets, as AI-driven economic growth fuels inflation and rate...
Stocks
Six Major Earnings Reports Set for Monday’s Open
The Campbell's Company, FuelCell Energy, and VinFast Auto Ltd. are among six major firms reporting earnings before Monday's market open, providing key...
Stocks
Strong US Payrolls Fuel Dollar Rally, Bolster Fed Hike Bets
The dollar index surged to a 1.75-month high Friday, driven by a stronger-than-expected US May payroll report that intensified speculation of an...
Stocks
Crude Oil Jumps $2/Bbl After Iran Missile Strikes Israel
Crude oil futures climbed over $2 per barrel Sunday night following Iran's launch of missiles at Israel, a direct response to an...
Stocks
Cocoa Prices Plunge on Weak Demand, Inventories Hit 1.75-Year High
Cocoa futures saw sharp declines as weak global demand and rising inventories weighed on the market, pushing prices to multi-week lows. Concerns...
Stocks
Washington, Brussels Vie for AI Influence as IPO Wave Starts
As SpaceX prepares for its IPO, Washington seeks an OpenAI equity stake while Brussels unveils a tech sovereignty package, revealing divergent AI...
Stocks
Lilly’s Retatrutide Shows Broad Benefits in Obesity Trials
Eli Lilly's experimental obesity drug retatrutide delivered positive late-stage trial results, showing substantial weight loss and improvements in type 2 diabetes, knee...