Samuel Nwite
AUTHOR: Samuel Nwite
Gold Heads for Steepest Weekly Decline in Four Months as Oil Prices Lift Rate...
Gold prices fell on Friday, putting bullion on course for its sharpest weekly decline in more than four months as elevated oil prices revived...
SK Hynix Shares Rebound 4.4% After Abandoning Solidigm IPO Review Amid AI Memory Boom
SK Hynix shares rose 4.4% on Friday after the South Korean chipmaker halted its review of a potential US initial public offering for its...
Nasdaq Slides 2.6% as Meta’s AI Spending Raises Fresh Doubts Over Tech Rally
Wall Street’s technology shares suffered their steepest sell-off in months on Thursday as disappointing investor reactions to high-profile earnings reports revived concerns about the...
Global Tech Sell-Off Eases as AI Funding Fears Rattle Markets, Oil Surges to $114
Global technology stocks stabilized on Friday after a sharp sell-off driven by concerns over the enormous financing requirements of artificial intelligence, while renewed geopolitical...
Japan Inflation Returns Above 2% Target, Strengthening Case for Further BOJ Rate Hikes
Japan’s core consumer inflation accelerated above the Bank of Japan’s 2% target in September for the first time in nine months, strengthening expectations that...