Explore

Chip companies and other AI winners drag Wall Street lower again, while crude oil prices rise

Chip companies and other AI winners drag Wall Street lower again, while crude oil prices rise

Stocks of computer chip companies and other winners of the artificial-intelligence boom are turning back lower and dragging Wall Street with them

Yen Hits Four-Decade Low Amid Rising Oil Prices and U.S. Treasury Yields

Yen Hits Four-Decade Low Amid Rising Oil Prices and U.S. Treasury Yields

Yen Hits Four-Decade Low Amid Rising Oil Prices and U.S. Treasury Yields

Brent oil's price briefly tops $100 per barrel, as Tesla and Alphabet drag Wall Street lower

Brent oil's price briefly tops $100 per barrel, as Tesla and Alphabet drag Wall Street lower

Brent crude oil briefly topped $100 per barrel for the first time since May as increased fighting in the Middle East threatens to slow the global flow of crude

Wall Street heading for losses as oil prices spike on US-Iran escalation

Wall Street heading for losses as oil prices spike on US-Iran escalation

Stock futures on Wall Street were declining early Wednesday and oil prices jumped 4% as the United States and Iran exchanged fire across the Middle East

Dollar Strengthens Amid U.S.-Iran Tensions and ECB Rate Decision

Dollar Strengthens Amid U.S.-Iran Tensions and ECB Rate Decision

The U.S. dollar reached a new 40-year high against the Japanese yen and gained against the euro on Thursday, driven by rising oil prices and geopolitical tensions in the Middle East. The European Central Bank (ECB) kept interest rates unchanged, but left the door open for a potential rate hike in September due to inflationary pressures from increased energy prices. The dollar's strength is attributed to the U.S. economy's relative insulation from energy price shocks compared to Europe and Japan. The dollar index, which measures the greenback against a basket of currencies, rose by 0.36%, while the euro fell by 0.33%.

U.S. Stock Market Declines as Oil Prices Rise and AI Spending Concerns Grow

U.S. Stock Market Declines as Oil Prices Rise and AI Spending Concerns Grow

U.S. Stock Market Declines as Oil Prices Rise and AI Spending Concerns Grow

Wall St falls as tech earnings spark AI spending worries and oil hits $100

Wall St falls as tech earnings spark AI spending worries and oil hits $100

By Sinéad Carew and Ragini Mathur July 23 (Reuters) - Wall Street indexes closed lower on Thursday with Nasdaq sinking more than 2% as the latest earnings updates from large technology companies revived concerns about heavy AI spending, while soaring oil prices amped up inflation worries, lifting

Brent oil tops $100 per barrel, as Tesla and Alphabet drag Wall Street lower

Brent oil tops $100 per barrel, as Tesla and Alphabet drag Wall Street lower

Brent crude oil jumped above $100 per barrel for the first time since May as increased fighting in the Middle East threatens to slow the global flow of crude

Asian stocks rise as Mideast mediation takes oil lower

Asian stocks rise as Mideast mediation takes oil lower

By Ankur Banerjee SINGAPORE, July 21 (Reuters) - Asian stocks gained on Tuesday as mediation efforts in the Middle East pushed oil prices away from a one-month high, while investors braced for a slate of corporate earnings that will test an under pressure AI trade.

Wall St futures gain on Iran ceasefire hopes; earnings in focus

Wall St futures gain on Iran ceasefire hopes; earnings in focus

July 21 (Reuters) - U.S. stock index futures rose on Tuesday as renewed mediation efforts in the Middle East lifted sentiment, while investors looked ahead to corporate earnings that could prove pivotal for the AI market as it navigates ongoing pressures.

Dollar advances as oil prices rise after latest US-Iran strikes, Houthi blockade

Dollar advances as oil prices rise after latest US-Iran strikes, Houthi blockade

By Chuck Mikolajczak NEW YORK, July 21 (Reuters) - The U.S. dollar climbed on Tuesday and was poised for a fourth straight session of gains, as the latest round of attacks in the Middle East pushed oil prices higher and stoked concerns about persistent inflation.

Asian shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs

Asian shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs

Asian shares have mostly gained, with markets in South Korea and Japan trading higher after recent declines due to heavy selling of stocks linked to artificial intelligence