FTSE 100 Live: UK Stock Futures Steady as Tech Under Pressure
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Japan's Nikkei wavers as AI stocks weigh ahead of Nvidia earnings
TOKYO: Japan’s Nikkei share average moved between small gains and losses on Monday, with artificial intelligence-related shares under pressure ahead of Nvidia earnings later in the week.
Billionaire Investor Stanley Druckenmiller Sold Broadcom, Intel, and Micron and Bought Another Chip Stock That Expects to Double Data Center Sales in 2027
The famous investor dumped three top chip stocks and bought another one with a clear near-term catalyst.
Exporters' Dollar Selling Surges 71%, Boosting Won
The amount of dollars sold by South Korean nonfinancial private companies in the foreign exchange market surged more than 70% in the second quarter from a year earlier, as the government encouraged…
- South Korean exporters sold $263.59 billion in dollars in Q2, a 71.5% increase.
- Strong semiconductor and key product exports drove the surge in dollar sales.
- The won weakened to below 1,500 won, its strongest level since Sept 2022.
Australia, NZ dollars hold near multi-month highs, resistance looms large
SYDNEY: The Australian and New Zealand dollars held near 2-1/2-month highs on Monday, riding on greenback debt woe, though both are approaching key chart levels that could test the rally.