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Bloomberg: The US utilities sector, traditionally a safe-haven asset, is facing risks due to persistently rising government bond yields and potential Federal Reserve interest rate hikes, and is being seen as a "canary in the coal mine" for market risk.
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24H Trending
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Wall Street giants collectively "extinguish the fire" for CoreWeave, with Barclays, Goldman Sachs, and JPMorgan Chase all believing that market concerns about the AI capital expenditure cycle are overblown.
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Apple's market capitalization has surpassed $5 trillion for the first time, with analysts divided on the prospects of its "light AI" strategy.
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US spot Bitcoin ETFs see $527M net inflows on Oct 19, led by BlackRock's IBIT
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The Iran conflict has prompted global buyers to seek alternative oil supplies, driving a surge in investment and production among oil-producing nations in the Americas.
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Debt, AI, and Ukraine dominated IMF-World Bank meetings in Bangkok; China's role receded
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HSBC CEO warns not all data centers are good bets amid AI boom
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Denmark's financial regulator stated that the country's economic growth is expected to slow as the pharmaceutical boom led by Novo Nordisk loses momentum.
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Chinese Carmakers Accelerate European Production Plans to Bypass EU Tariffs and Import Quotas on EVs
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South Korea's KOSPI index is down 4.15% from its previous close, now at 5,528.74.
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Private credit firm Tikehau is reportedly seeking strategic investors to fuel growth.
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