Interview: AI bubble is real, but more restrained than the dot-com era, says Richard Peterson of MarketPsych
Last week, a sell-off in US artificial intelligence-related stocks due to fears of valuations getting out of hand also resurfaced…
Paramount Skydance shares jump over 5% as Ellison unveils $1.5B bet on streaming
Paramount Skydance shares rose over 5% on Tuesday during pre-market trading, after the newly merged media group announced deeper cost…
Analysis: oil prices likely to remain under pressure as supply outpaces weakening demand
The oversupply in the oil market is likely to result in lower prices for the rest of the year. “The…
Commodity wrap: gold jumps as weak US data fuels bets on Fed rate cut; oil rises
Oil prices rose slightly on Tuesday as concerns over the latest US sanctions on Russian supply raised fears among investors. …
Brazil’s central bank reaffirms hawkish stance remains confident in inflation path
Brazil’s central bank restated confidence that the country’s 15% benchmark interest rate should be high enough to steer inflation back toward…
Argentina inflation holds steady in October as Milei’s reforms anchor markets
According to a Reuters poll of experts, Argentina’s consumer prices likely grew at a moderate pace in October, with the…
Russian wheat prices hit multi-month low on bumper harvest and oversupply
Russian wheat prices are on the slide, with the average price for 12.5% protein wheat in the European part of…
Europe bulletin: UK investors flee stocks, BoE warns on stablecoins, Turkish plane crash
The UK investors are pulling billions from stock funds ahead of the upcoming budget, while the Bank of England is…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Gold buyers reclaim control as economic jitters mount; what’s next
After a few weeks of sideways movements and directionless trading, gold bulls have regained control as prices rose more than…