Chart of the Day: AI product launches drive valuation reset
Anthropic's launch of new AI capabilities for its Claude "Cowork" agent triggered a brutal selloff in IT stocks globally, with India's software exporters suffering their worst single-day decline in nearly six years as investors feared AI automation could render traditional software business models obsolete.
Data Patterns: Strong execution supports higher growth
With a strong pipeline and growing demand, the company is aiming to scale up quickly and become a model IP-driven company
Asia stocks jump as Japan’s 'Sanaenomics' win sends Nikkei to record; chip rally lifts futures
A rally in chip stocks and bargain hunting in beaten-down momentum plays including silver had helped shore up sentiment, as did wagers of more rate cuts from the U.S. Federal Reserve.
Asian stocks to fall as tech-led drop gains pace
The Nasdaq 100 saw its worst two-day rout since October, breaching its 100-day moving average, a level seen by some technical analysts as a harbinger for more losses.
Does the market rally signal premature optimism?
Indian markets surged 2.55% on trade deal hopes, but intraday volatility and bearish options positioning reveal investor caution beneath the surface optimism.
Short squeeze set to fire up Indian markets after US deal
The India-US trade deal has ignited a 2.87% jump in Gift Nifty, setting the stage for a potential short squeeze as foreign investors scramble to cover near-record short positions amid renewed market optimism
South Korea’s world-beating stock rally stumbles as risk-off wave hits
The Kospi tumbled as much as 5.6%, the most since November, and a slide in futures triggered a halt in program trading on the benchmark index
Kevin Warsh’s return revives tensions over Fed’s $6.6 trillion QE hangover
Warsh has repeatedly and loudly blasted his old colleagues over the years for letting the bank’s assets balloon, prompting speculation in markets that he could move quickly to have them drawn down
Derivatives market faces uncertain future after Union Budget 2026 delivers tax shock
The stock market selloff post-Budget is understandable as the sharp hike in STT has queered the pitch for traders
Dollar is set for best day since July on Trump's Fed pick
An advance of the greenback against all major currencies trimmed its January slide. Long-term Treasuries underperformed
How is Wall Street reacting to Trump's new Fed chair pick Kevin Warsh
Seen as a relatively hawkish choice, Warsh will need to navigate a president who in his second term pilloried Fed officials for not easing policy as aggressively as he would like
Trump says he will unveil Fed chair nominee next week
The Fed kept borrowing costs on hold Wednesday, a decision that rankled Trump
Oracle’s value is cut in half from 2025 peak as AI caution rises
The stock’s decline has erased about $463 billion in market value from a record hit on September 10
China’s metals mania sends copper soaring past $14,500 a ton
Prices gained as much as 11% to trade above $14,500 a ton for the first time ever, before a sharp retracement on Thursday afternoon as the dollar jumped.
Bitcoin drops below $85,000 as traders retreat from risk assets
The largest cryptocurrency slipped as much as 5.7% to $84,233, the lowest price since December 1
US tech stocks fall as traders weigh billions in AI spending plans
The tech-heavy Nasdaq 100 Index fell 1.97% at 10: 45 a.m. in New York as Microsoft plummeted 11.84%, the most since 2020
Is silver's record rally running out of steam?
Silver's explosive 250% rally has pushed it to record highs, but signs of demand destruction and institutional profit-taking suggest the historic surge may be losing momentum.
US Fed Meeting Highlights: US Fed holds interest rates steady; Powell says policy can ease once tariff pressures recede
The US Federal Reserve held interest rates steady at its first policy gathering this year, citing robust economic growth, as the central bank resists Donald Trump's mounting pressure for cuts.
Gold tops $5,300 for first time on dollar weakness ahead of Fed decision
Spot gold was up 1.4% at $5,259.78 an ounce by 09:13 a.m. ET (1413 GMT) after touching a record $5,311.31. Prices gained more than 3% in the previous session
S&P 500 rises above historic 7,000 with Fed, Big Tech earnings ahead
The S&P 500 Index rose 0.2% as of 9:48 a.m. in New York, with the benchmark surpassing the 7,000-point milestone for the first time
Why Japan’s yen intervention could rattle global markets
Japan's yen has pulled back from critical levels after intervention warnings, but analysts warn the relief may be temporary as underlying pressures persist.
S&P 500 closes in on record as dollar rout deepens
Not even a slide in consumer confidence prevented a fifth day of gains for the S&P 500, which approached 7,000
Intel suffers worst decline in 17 months after weak forecast
First-quarter projections for revenue and earnings both fell well short of Wall Street estimates
‘Sell America’ is back in the market: Global confidence in US wavers
From Greenland to the Fed, Trump's actions trigger a global "Sell America" panic, forcing Wall Street to confront the cost of political instability.
Gold falls after Trump backs away from tariffs over Greenland
Bullion fell as much as 1.1% in early trading, pulling back after three days of gains that had taken it to an all-time high above $4,888 an ounce on Wednesday
