BOC Gov Poloz
- Says rates would have to have fallen further without fiscal stimulus in Canada
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Meta's cloud pivot sinks AI chip stocks MU & SNDK 10%+. Nasdaq slides.
JPMorgan warns a growing split between AI hardware stocks and heavy AI capex spenders echoes market dynamics from 1999, just before the dot-com crash.
PBOC is expected to set the USD/CNY reference rate at 6.7929 – Reuters estimate
Salmonella fears hit snack stocks! FDA's Class I recall sparks consumer caution, impacting chip valuations.
UBS stays bullish on equities after global stocks posted their best quarter in six years, expecting AI capex near USD 1tn and a broadening rally into cyclicals.
Meta's cloud AI push sends chip stocks like NVDA, AMD tumbling. Meta pops 9% on compute capacity sales.
Trump's crypto gains soar as stocks rise; investors see mixed returns, high risk.
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