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Huang admits affair with alleged spy

Nvidia is investigating its co-founder and CEO, Jensen Huang, over an affair with a businesswoman who intelligence agencies say is a Chinese spy. While markets are still

AI MELTDOWN

A sea of red on Wall Street - chipmakers plummet as AI takes a major hit, with the Nasdaq posting its worst day in 19 months. Elsewhere, the sell-off bleeds into Asia, ba

The Blue Wave turns Wall Street green

The Blue Wave turns Wall Street green - the Dow surges for its best day since April 2025, gaining 1 thousand 600 points, while policy uncertainty hits a slew of other sec

Blue wave: Democrats flip the House and Senate

The Blue Wave: The Democrats are projected to flip both the House and the Senate, after victories in the key battlegrounds of Texas, Maine, Kansas and the Carolinas. Pres

'Midterms decision day: Democrats eye control of Congress'

Millions of Americans head to the polls today in the biggest referendum on President Trump's second term as Republicans fight to maintain control of both the House and Se

AI sell-off eases

The AI sell-off eases - US futures try to claw back after a brutal week for tech stocks sees more than 2 trillion dollars wiped off the Nasdaq. Elsewhere, Ryanair reports

Nasdaq futures plunge on AI spending fears

Nasdaq futures plunge as Alphabet's half a trillion dollar wipe out rips through the sector... And Intel shares look set to follow suit, eyeing a 20 percent drop at the o

Alphabet shares plunge after revenue miss

Alphabet shares tumble as an AI-driven spending spree rips a hole in the company's free cash flow - with the CFO flagging a significant capex increase to come next year t

Europe's big banks lead earnings charge

Europe's banks lead the earnings charge with a standout performance from Stanchart; UBS meets expectations, but CEO Sergio Ermotti sounds the alarm over tougher capital r

Anthropic files for blockbuster IPO

Anthropic files to go public in one of the most hotly anticipated IPOs of all-time, but it's not without controversy as the Claude-maker warn of an 'existential threat to

U.S. futures claw back after last week's tech rout

US stock futures try to claw back from last week's tech rout as traders eye a big week of central bank action. Elsewhere, Lula da Silva pulls off a dramatic comeback in B

Nasdaq hits worst day since June as Meta shares drop

The tech sell-off deepens, with Meta's 7 percent slide fueling fresh fears over spending, and sending the Nasdaq for its worst day since June. That's led to a major fligh

Global markets turn risk-off as AI optimism fades

Global equity markets take a sharp risk-off turn as investors continue to question AI spending and higher yields. Overnight, Meta's third-quarter revenue beats expectatio

Musk backs Tesla-SpaceX merger

Elon Musk hints at merging his two companies, Tesla and SpaceX, in the biggest corporate tie-up of all time, as SpaceX shares blast off in after hours trade on a 160-perc

Tech bounces back, but key earnings loom

Tech stocks rebound on Wall Street as investors rush back into semiconductors and megacaps. But that resilience faces an immediate gut check with heavyweight earnings fro

Nasdaq looks to rebound from worst week since June

The Nasdaq looks set to open higher following its sharpest weekly drop since June, as Wall Street debates the sustainability of AI debt financing. Meanwhile, France reels

Warsh surprised by global economy's 'resilience'

Fed Chairman Kevin Warsh lauds the resilience of the global economy but refuses to give any hint on the rate path ahead. President Trump reportedly considers easing restr

Global AI sell-off deepens

AI jitters roil markets, pulling tech stocks lower stateside, sparking a sell-off across Asian equities. U.S. inflation comes in hotter-than-expected, with a surge in ene

ASML raises sales outlook amid surging demand

ASML tops third quarter profit forecasts - Europe's largest company flagging order interest through to 2030 as it looks to boost capacity. Elsewhere, ECB President Christ

Financing fears fuel tech sell-off

Tech stocks sell off across Asia, with trade on South Korea's Kospi briefly halted following a fall in U.S. chip names. Elsewhere, the IMF hikes it outlook for global gro