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Asian Stocks Drop, Yen Falls to Lowest Since 1990: Markets Wrap

(Bloomberg) — European and US equity futures slipped following weakness in Asian markets, with Meta Platforms Inc.’s disappointing outlook underscoring the risk of volatility in a high-stakes earnings week. The Euro Stoxx 50 contract edged down 0.2% while S&P 500 futures fell 0.8%. Stock benchmarks fell more than 1% in South Korea and Japan. Facebook…

Asian Shares Led Lower by Tech; Eyes on Weak Yen: Markets Wrap

(Bloomberg) — Asian equities declined after Meta Platforms Inc.’s disappointing outlook raised concern about whether the bull market has run too far. Stock gauges slid in South Korea and Japan, while US stock futures also fell. The yen extended losses after weakening beyond 155 per dollar for the first time in more than three decades…

AI Is Key Factor for Chip Stocks Looking to Extend Record Highs

(Bloomberg) With the blistering chip rally having already driven many stocks to record highs ahead of a full-fledged demand recovery, proving success in artificial intelligence may determine which ones push even higher and which fizzle out.Most Read from BloombergTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneS&P 500 Has Its Worst Fed-Decision Day Since March: Markets WrapByron Allen’s Latest Tak

AI Is Key Factor for Chip Stocks Looking to Extend Record Highs

AI Is Key Factor for Chip Stocks Looking to Extend Record Highs
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