Donald Trump has opened the door for Nvidia to resume selling high-end AI chips to China, reversing a major pillar of US export controls and delivering a significant win for
Donald Trump has opened the door for Nvidia to resume selling high-end AI chips to China, reversing a major pillar of US export controls and delivering a significant win for
The City of London wrapped up Budget Day Eve in buoyant mood, with both stocks and bonds rallying as investor confidence strengthened ahead of the Chancellor’s statement.
US markets opened without clear direction after new data showed wholesale inflation rebounded more sharply than expected, adding to uncertainty around the outlook for interest rates.
The FTSE 100 is expected to edge lower when trading opens on Tuesday, though a busy slate of corporate results could yet sway sentiment.
The FTSE 100 is poised to start the week on a firmer footing, with futures pointing to a 47-point rise to 9,587 on Monday, buoyed by improved sentiment across global
Wall Street showed little sense of direction in premarket trading following a bruising sell-off in technology stocks on Thursday.
FTSE slides as AI bubble fears spark fresh panic selling
The FTSE 100 is poised for a sharp fall to end the week, with futures pointing to an 86-point slide as global markets resume the sell-off seen earlier in the
Technology stocks powered higher after Nvidia’s blockbuster third-quarter results helped cool growing fears that the AI boom was heading for a painful correction.
UK stocks pushed higher as a global rally — sparked by Nvidia’s upbeat revenue outlook — lifted sentiment across markets.
Nvidia has “pushed out any bubble fears for another day”, according to Deutsche Bank, after the chip giant’s stunning results reignited investor confidence and sent global stock markets higher.
It was a mixed session on Wall Street on Thursday, with the Dow Jones Industrial Average rising 0.5%, while the S&P 500 slipped 0.25% and the Nasdaq Composite fell 0.6%,