AMD and other chip stocks slide as Wall Street rethinks the AI trade without Jensen Huang
At first, it looked like Nvidia’s pain might be the rest of the chip sector’s gain. But now, investors aren’t so sure.
At first, it looked like Nvidia’s pain might be the rest of the chip sector’s gain. But now, investors aren’t so sure.
Trade groups have largely welcomed what’s broadly more lenient treatment of securitizations in their comments on the latest U.S. Basel III endgame proposal, but some want to change certain details they fear could cause friction for home loans. Processing Content “The revised proposal reflects meaningful progress, including on several issues that are critical to the…
Key insight: Senator-elect Andy Barr, R-Ky., is known as an advocate for the banking industry during his six terms in the House. Forward look: Whether Barr finds a seat on the powerful Senate Banking Committee will depend on how Senate Republicans fare in the midterms, as a wipeout could create stiffer competition for a seat…
The rupee appreciated for the eighth consecutive session on Wednesday to close the day at a six-week high. It was supported by foreign dollar inflows linked to the Jio Platforms initial public offering (IPO), which opened for public subscription on Wednesday. The eight-day rally marked the rupee’s longest one-sided winning streak in nearly eight…
Intivion has announced a new brand experience, a redesigned global website and an updated overall product ecosystem. At the core of its technology offering is the in-house Brokerage Intelligence System (BIS), built into every Intivion product to connect operations across the brokerage lifecycle. The new brand experience reflects Intivion’s focus on making brokerage technology simpler…
November WTI crude oil (CLX26) is up +2.18 (+2.41%) today, and November RBOB gasoline (RBX26) is up +0.0607 (+1.88%). Crude oil and gasoline prices are sharply higher today, with gasoline posting a 4-month high. Crude prices erased overnight losses and moved sharply higher as the end to US-Iran hostilities remains elusive, impeding crude flows through…
(Bloomberg) — Treasury Secretary Scott Bessent said that he’s prepared to expand efforts to buy back costlier debt and that the administration will be unveiling a new fiscal initiative to address the highest borrowing costs in years. Processing Content “We are announcing probably at the end of this week, beginning of next week, an increased…