Markets, trade, and economic policy worldwide
Bloomberg opinion columnist David Fickling writes that a weak monsoon is disrupting India's $300 billion farm economy as decisively as a chip shortage would upend the automotive industry.
Paramount is prepared to sell its Universal Pictures joint venture as part of a deal with Warner, according to a source.
According to LiveSquawk, Micron Technology reported Q3 2026 revenue of $41.46 billion, beating the $35.59 billion estimate, and adjusted EPS of $25.11 versus the $20.60 estimate. The company also raised its Q4 outlook to $50.00 billion revenue and $31.00 adjusted EPS.
The Federal Reserve says U.S. banks can withstand $708 billion in losses amid an overhaul of capital rules.
Dow Jones unofficially ends session higher by 177.22 points, or 0.34%, at 51,844.06.
The French and German governments will need each other's approval to reduce their stakes in KNDS below 30% after the defense company goes public.
Paramount Skydance's $110 billion takeover of Warner Bros. Discovery is raising questions over filmmakers' ability to reach audiences in the EU.
South Korean stocks rebound from a 10% rout, with investors refocusing on chipmakers' earnings after what many saw as a selloff driven by technicals.
Nvidia’s banned AI chips have doubled in price on China’s black market, according to the Financial Times.
The closure of the Strait of Hormuz has stranded nearly 1,200 cargo ships carrying approximately $125 billion worth of goods, according to the Financial Times.
Wall Street fell as semiconductor stocks slid on concerns about AI spending, with the Nasdaq and S&P 500 closing at more than one-week lows.
SpaceX raises $25 billion in debt sale less than two weeks after IPO
Korean shares advance at the open despite overnight declines in U.S. semiconductor stocks.
Wall Street fell as the Nasdaq and S&P 500 closed at more than one-week lows, dragged down by sharp losses in semiconductor stocks amid concerns over AI spending.
Wall Street fell as chip stocks slid on AI spending concerns. The Nasdaq and S&P 500 closed at more than one-week lows, dragged down by sharp losses in semiconductor stocks.
Wall Street fell as semiconductor stocks slid on concerns about AI spending. The Nasdaq and S&P 500 closed at more than one-week lows, dragged down by sharp losses in chip stocks.
The Australian Dollar declined as risk aversion and Federal Reserve policy bets strengthened the US Dollar in foreign exchange markets.
Japan's 10-year JGB yield declined slightly, settling at 2.670%.
A selloff in global tech stocks has intensified, leaving investors worried about higher interest rates and stretched valuations.
Euro weakens below 1.1400 against US Dollar as Federal Reserve rate hike bets lift the greenback in FX markets.
Alphabet is set to join the Dow Jones Industrial Average, shifting the index's industrial composition toward technology.
Walmart-backed Flipkart is expanding its quick-commerce push as Amazon ramps up operations in India.
Elon Musk has added billions of dollars in debt to his business empire while simultaneously reducing its annual interest burden, Bloomberg reports.
The Nasdaq and S&P 500 closed at more than one-week lows on Tuesday, dragged down by sharp losses in semiconductor stocks as investors scrutinized growing debt-funded AI spending and braced for a more hawkish US Federal Reserve.
Alphabet's stock is set to join the Dow Jones Industrial Average, with a current component being removed from the index.
Asia-Pacific shares edged higher at the open, bouncing back from a tech-sector rout that weighed on markets a day earlier.
Alphabet, Google's parent company, is set to replace Verizon in the Dow Jones Industrial Average, according to the Wall Street Journal.
Oil prices fall on signs of further easing of supply disruptions in the Middle East, WSJ reports.
Thailand is expected to keep its key interest rate unchanged at a nearly four-year low to support its fragile recovery, bucking a tightening trend among some regional peers.
U.S. Treasury Scott Bessent said he is already seeing the economic benefits that artificial intelligence can deliver, underscoring the administration's optimism about AI-driven productivity and growth.