South Korean and Japanese stocks rebounded on Wednesday as investors returned to semiconductor and AI shares hammered in Tuesday’s rout, though the recovery stopped well short of signalling an all-clear.…
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SoftBank stock rebounded on Wednesday after an 8.5% plunge a day earlier, as investors returned to one of Asia’s biggest artificial intelligence bets. The stock rose 2.2% in Tokyo after…
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Lenovo Group’s share price has lost momentum since reaching its all-time high in September. The stock has fallen for three consecutive weeks to its lowest level since September 7, and…
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Samsung Electronics and SK Hynix rebounded on Wednesday as bargain hunters returned to South Korea’s semiconductor trade. Samsung rose about 3% and SK Hynix roughly 2% in early trading, helping…
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Xiaomi share price has remained under pressure this year as it has confronted several major challenges, including the soaring cost of doing business and the electric vehicle woes. It was…
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US stocks ended mixed on Tuesday as investors assessed third-quarter earnings from major banks and continued selling memory chip stocks following a sharp decline in South Korea’s equity market. The…
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Oil prices were mixed as hopes for increased Russian diesel supplies offset concerns over attacks on Middle East energy infrastructure. Gold prices edged lower ahead of key US inflation data,…
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Caterpillar stock has suffered a big reversal in the past few months, moving from a high of $1,070 in June to the current $759, its lowest level since April 16.…
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Oracle (ORCL) shares gained 4% on Tuesday as investors assessed the company’s proposed electricity agreement for its Project Jupiter artificial intelligence data centre in New Mexico and a separate collaboration…
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Wells Fargo (WFC) stock is inching lower on October 13 after the bank’s Q3 earnings disappointed investors. On a per-share basis, WFC earned $1.87 in its third quarter, exceeding $1.85…