South Korea’s chip giants just logged their biggest rally ever. What it means for the global AI trade.
The Kospi saw its best-ever day on Friday, as the index came roaring back thanks to historical jumps in its big tech names.
The Kospi saw its best-ever day on Friday, as the index came roaring back thanks to historical jumps in its big tech names.
The Commodity Futures Trading Commission has a new sheriff in town – and he’s rewriting the rulebook. In conversation with Risk.net, the CFTC’s new director of enforcement, David Miller, repeatedly signposts an end to “the era of regulation by enforcement”. “The age of trying to exact a tax on an industry through various types of…
Technology, and its ever-present subsector artificial intelligence (AI), are perhaps the hottest topics in investment – and have been for several years. Information technology officially accounts for 32% of the MSCI ACWI Index. Yet in reality, what we’d all intuitively think of as ‘tech’ companies account for a greater proportion of this, since MSCI officially…
by Calculated Risk on 1/09/2026 09:20:00 AM The headline jobs number in the December employment report was slightly below expectations, however October and November were revised down by 76,000. The unemployment rate decreased to 4.4%. Prime (25 to 54 Years Old) Participation Since the overall participation rate is impacted by both cyclical (recession) and demographic…
A media report that hit the headlines just before the stock market took a break for Independence Day was weighing on investor sentiment toward AutoZone (AZO 6.38%) shares on Monday. The prominent auto retailer’s stock fell by more than 6% after a financial news agency reported that two rivals might soon combine. A Genuine offer?…
The industrial-scale sand battery in Finland’s Pornainen can cover almost one month of the town’s heating demands in the summer and as much as one week in the winter. Polar Night Energy A small town in southern Finland has turned to the world’s largest commercial sand battery to fix what many see as the most…
Fifth Third Bancorp is seeing early results of its merger with Comerica, is making progress on the integration and is set to launch its systems conversion over Labor Day weekend, Fifth Third Chairman, CEO and President Tim Spence said Friday (July 17) during a second-quarter earnings call. “When we announced our merger with Comerica nine months ago, we made…