The AI trade is cracking
A sell-off in AI chip stocks is the clearest sign yet that investor sentiment is shifting.
We haven't written up this one. TechCentral has the full story — the link below goes straight to it.
More in Finance & Markets
Gold ticks up as oil eases; spotlight on US inflation data
Spot gold was up 0.4% to $4,188.27 per ounce by 06:24 GMT after hitting a one-week peak on Monday
Liquidity crunch freezes UAH 18 bln VAT refunds - minister
The government has run into a state budget liquidity crisis in October, so only defense spending, pensions, wages and social benefits are being financed, while other spending has been prioritized or…
Australia central bank saw upside risks to inflation lingering after September rate hike
Markets see a 30% chance that the RBA could raise rates to 4.85% at its next meeting on Nov 3 and 4
- Reserve Bank of Australia sees potential for inflation remaining higher than expected
- Board unanimously raised interest rates to 4.6% at September meeting
- Further rate hikes likely by November and May according to markets
Financial Markets: IMF Warns of Dangers from AI Boom and Government Debt
High debt in the AI sector meets nervous bond markets. The International Monetary Fund sees this as a dangerous combination for the financial markets, which could have far-reaching consequences.
Global headline inflation is projected to rise notably to 4.7% in 2026
Global headline inflation is projected to increase to 4.7 percent in 2026 before easing to 4.1 percent in 2027, marking a cumulative upward revision of 0.7 percentage point with the temporary increase…