Category : Markets


AI bubble fears trigger Australian market volatility

Australian shares follow Wall Street's AI-driven turbulence as Nvidia results spark debate. Discover why the ASX remains vulnerable despite tech rallies and what history teaches us about market bubbles.

Nvidia's $57bn Sales Soar, Boosting US Markets

Nvidia reports staggering $57bn quarterly sales, exceeding forecasts and propelling Wall Street. Discover how this AI giant impacts your pension and the broader economy.

US Economy's Crucial 24-Hour Test: $300bn Swing

The US economy enters a pivotal 24 hours with Nvidia's $300bn market swing, Walmart's consumer health check, and a delayed jobs report. Discover how this could define markets for 2024.

Musk's $1 Trillion Tesla Pay Package Approved

Tesla shareholders have approved a historic pay package for Elon Musk, potentially worth $1 trillion. His annual earnings could surpass the combined salaries of all US elementary school teachers.

Asian shares dip ahead of key Nvidia earnings report

Asian markets retreated in cautious trading as investors await Nvidia's profit report and key US jobs data. The AI bellwether's performance is seen as crucial for global market sentiment. Read the full analysis.

Klarna AI halves staff, boosts pay 60%

Klarna's AI investment has reduced its workforce by nearly half while increasing average employee pay by 60%. Discover how technology is reshaping the buy now, pay later sector.

Tech Fears Trigger European Stock Market Sell-Off

European stocks plunged amid tech overvaluation fears and interest rate uncertainty. The FTSE 100 dropped 1.3% as investors await pivotal Nvidia earnings. Discover the full market impact.

Global Markets Plunge on AI Stock Worries

Fears over inflated AI stock prices spark a worldwide market rout, dragging the FTSE 100 down. The CNN Fear & Greed Index hits 'extreme fear'. Discover the full impact.

Markets in fourth day of losses amid AI, rate fears

Global markets extend losses for a fourth day. Asia-Pacific stocks hit one-month low, US and European markets fall. Investors fret over AI monetisation and US interest rates. Read the full analysis.

Asian shares sink in tech-led sell-off

Asian markets plunged, with Tokyo and Seoul down over 3%, tracking a tech sell-off led by Nvidia on Wall Street. Key US jobs data and Japanese bond yields add to investor anxiety. Discover the full market impact.

US Mints Final Penny, Ending 232-Year Era

The United States Mint has struck its last circulating penny, ending 232 years of production. The final coins, marked with an omega, are expected to fetch millions at auction. Discover the full story behind this historic monetary shift.

Georgia wins record $980M Mega Millions jackpot

A lucky lottery player in Georgia has won a record-breaking $980 million Mega Millions jackpot. The winning ticket was a Quik Pik sold at a Publix store in Newman. Discover the winning numbers and prize details.

Buffett's $4.3bn Alphabet Bet Breaks AI Sidelines

Warren Buffett's Berkshire Hathaway has taken a surprise $4.3bn position in Google's parent company, Alphabet, finally diving into the AI market. Discover the details of this landmark investment.

FanDuel's New Prediction Markets Platform Launching

FanDuel announces December launch for innovative sports prediction markets app in partnership with CME Group. Discover how this platform will operate in states where sports betting remains illegal.

Reeves Tax U-Turn Sees £26bn FTSE Wipe-Out

Chancellor Rachel Reeves' income tax reversal sparks market sell-off, wiping £26bn from shares and raising mortgage fears. Discover the full Budget fallout.

Reeves' Income Tax U-Turn Spooks UK Markets

Chancellor Rachel Reeves' decision to scrap income tax rise plans causes pound to fall and borrowing costs to surge. Discover the market fallout and political implications.

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