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While AI chip stocks like Broadcom (AVGO) have hit some speed bumps this week, should investors still be betting on the long-term resiliency of the AI trade? MassMutual head of investment strategy Kelly Kowalski tells Julie Hyman why this may be considered a "healthy" pause for A
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Jobs data for May is due out this Friday as economists expect nonfarm payroll jobs to rise by anywhere between 80,000 and 105,000. A new report from Challenger, Gray & Christmas outlines that AI was the most cited reason for layoffs as Big Tech accounted for more than 38,000 of t
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Dow Jones futures were roughly flat overnight, while S&P 500 futures and especially Nasdaq futures fell. The May jobs report is on tap before Friday's open. S&P Dow Jones Indices announced late Thursday that it won't fast track SpaceX and other upcoming megacap IPOs such as Anthr
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TREASURYS 0010 GMT — JGBs edge higher in the morning Tokyo session, tracking overnight price gains in U.S. Treasurys. JGBs and Treasurys tend to move in tandem. JGB prices may also be supported by a mild decline in crude oil prices that could ease inflationary pressures in Japan.
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State officials argue that as much as 85% of the resource remains trapped and could spark a new production boom.
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South America has become the largest source of new oil exports in 2026, adding 155 million barrels of exports through May.
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As global markets respond to geopolitical developments and economic indicators, Asian equities present intriguing opportunities, particularly in the context of fluctuating oil prices and AI-driven technological advancements. In this environment, identifying undervalued stocks tha
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Oil prices and the dollar retreated Thursday as traders tracked conflicting developments in the Middle East war, while equity markets mostly rose despite a disappointing outlook from US chipmaker Broadcom weighing upon AI stocks.While Broadcom and other AI stocks weighed down the
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Broadcom stock fell nearly 13%, pulling the Nasdaq 100 lower.
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Despite flare-ups in Middle East violence, investors remain optimistic that the U.S. and Iran will soon end the war.
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