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Hedge Fund VARA Plunges 33% in Brutal October for AI Stocks
Value Aligned Research Advisors, a hedge fund that has been all-in on the AI trade, tumbled 33% last month as those stocks faced a painful…
China’s Copper Squeeze Deepens as Buyers Scramble for Metal
Copper buyers in China are scrambling for physical metal, with spot premiums soaring as supplies tighten sharply in the world’s biggest consumer.
Yen Rises on Haven Demand as CIBC, Nomura See Room for More Gain
The Japanese yen rose as a selloff in US technology shares led traders to seek safer assets — a trend that strategists at CIBC and…
TSX posts steepest decline in five months as US tech rout hits Canadian shares
CANADA-STOCKS/ (UPDATE 2):CANADA STOCKS-TSX posts steepest decline in five months as US tech rout hits Canadian shares
Treasuries Soar as Tech-Stock Selloff Lures Investors to Havens
Treasuries rose as a Democratic sweep in the US midterms led to a selloff in shares of large US technology companies, stoking demand for havens.
JP Morgan to add Philippines and Saudi Arabia to key EM bond index over 10 months
JP Morgan has announced plans to include Saudi Arabia and the Philippines in its emerging market debt index starting in 2027. The Saudi riyal-denominated sukuk…
The average US 30-year mortgage rate falls to 7.18% this week, its third straight decline
The average long-term mortgage rates in the U.S. decreased for the third consecutive week, offering some respite. The average 30-year fixed-rate mortgage declined to 7.18%…
US yields fall in choppy session as oil rises and equities sink
As geopolitical tensions change the landscape, US Treasuries are witnessing a spike in demand while equity markets take a hit and oil prices show volatility.…
Hertz Shares Plunge as Car Renter Warns It’s Running Low on Cash
Hertz Global Holdings Inc. shares plummeted after the car renter cautioned it expects to end the year with less cash and borrowing capacity than previously…
Gathering AI storm clouds doom tech stocks to darkest day in a year
USA-ELECTION-STOCKS-AI:Gathering AI storm clouds doom tech stocks to darkest day in a year
KFC launches themed menu and more as it teams up with Marvel's Doctor Doom for Avengers Doomsday campaign worldwide
KFC to team up with Marvel in its most expansive collaboration to date. Check when and where it will be available.
