Japanese equities opened notably lower as overnight softness in U.S. technology shares and lingering energy-cost worries hit chip and bank stocks, a development forex desks are tracking for potential yen cross implications.
Growing skepticism over whether massive AI infrastructure outlays by hyperscalers will generate adequate returns has dragged the Nasdaq 100 lower, with cash-flow worries amplifying risk-off sentiment across asset classes.
A broad risk-off selloff hit U.S. equities, with the Nasdaq 100 dropping nearly 3% after Meta plunged 7%. Forex traders are watching how the equity rout ripples into currency pairs and safe-haven flows.
Both New York and London sugar futures extended their decline on Wednesday, marking a fourth consecutive session of losses as traders continue to liquidate long positions after last week's contract-high rally.
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Crude oil ticked higher during early Asian trading hours as worries about a fresh flare-up in the Middle East resurfaced, nudging risk sentiment and prompting currency-market participants to reassess their positioning.
Former medical device maker Sharps Technology has offloaded all of its Solana holdings and is deploying $223.8 million in cash to repurchase up to $201.3 million in shares and warrants, signaling a full retreat from its crypto-accumulation playbook.
Broadcom, Verizon, UnitedHealth and six other companies have formally objected to having their shares tokenized under the SEC's new Innovation Exemption, signaling deep institutional skepticism toward the OKX-ICE trading venue.
A sharp pullback in artificial intelligence stocks and hotter-than-expected inflation data shook markets last week, but strong bank results and a broadening of capital beyond tech are creating fresh opportunities for equity investors.
Super Micro's unexpected disclosure that revenue and margins could significantly exceed prior expectations triggered a sharp rally in its stock, with peers Dell and HPE also gaining on the news.
Tether CEO Paulo Ardoino responded to a bipartisan Senate investigation accusing the stablecoin issuer of supporting Iran's shadow banking, arguing the firm's proactive freezing of suspicious wallets has dramatically reduced illicit flows.
Bending Spoons shares surged 41% after Berkshire Hathaway disclosed a $330 million stake, bringing its total investment past $900 million. The Milan-based holding company continues acquiring distressed SaaS names at steep discounts while cutting jobs, reshaping the software landscape.
After a Google-linked rally pushed attention back onto nuclear energy stocks, NuScale Power sits near $6 with investors eyeing the growing appetite for nuclear power in data centers and industrial applications as the next potential catalyst.
Broadcom, Verizon, UnitedHealth and six other companies have formally objected to having their shares tokenized under the SEC's new Innovation Exemption, signaling deep institutional skepticism toward the OKX-ICE trading venue.
The Crypto.com spin-off joins Coinbase, Kalshi, and Payward in a growing wave of filings to bring non-expiring, cash-settled futures on individual US equities to regulated American markets.
The CFTC has asked a federal court to throw out CME Group's lawsuit, arguing the exchange cannot demonstrate any actual financial harm and that any registered venue is free to list perpetual futures on digital assets.
Japanese equities opened notably lower as overnight softness in U.S. technology shares and lingering energy-cost worries hit chip and bank stocks, a development forex desks are tracking for potential yen cross implications.
Growing skepticism over whether massive AI infrastructure outlays by hyperscalers will generate adequate returns has dragged the Nasdaq 100 lower, with cash-flow worries amplifying risk-off sentiment across asset classes.
A broad risk-off selloff hit U.S. equities, with the Nasdaq 100 dropping nearly 3% after Meta plunged 7%. Forex traders are watching how the equity rout ripples into currency pairs and safe-haven flows.
Advertisement
Former medical device maker Sharps Technology has offloaded all of its Solana holdings and is deploying $223.8 million in cash to repurchase up to $201.3 million in shares and warrants, signaling a full retreat from its crypto-accumulation playbook.
Tether CEO Paulo Ardoino responded to a bipartisan Senate investigation accusing the stablecoin issuer of supporting Iran's shadow banking, arguing the firm's proactive freezing of suspicious wallets has dramatically reduced illicit flows.
A conflict-of-interest question has emerged around Bo Hines, who drafted landmark stablecoin legislation in the Trump White House while his company Nxum received multi-million-dollar funding from Tether, then joined the crypto giant as U.S. chief.
Stock
Super Micro's unexpected disclosure that revenue and margins could significantly exceed prior expectations triggered a sharp rally in its stock, with peers Dell and HPE also gaining on the news.
Stock
Bending Spoons shares surged 41% after Berkshire Hathaway disclosed a $330 million stake, bringing its total investment past $900 million. The Milan-based holding company continues acquiring distressed SaaS names at steep discounts while cutting jobs, reshaping the software landscape.
Stock
A sharp pullback in artificial intelligence stocks and hotter-than-expected inflation data shook markets last week, but strong bank results and a broadening of capital beyond tech are creating fresh opportunities for equity investors.
Stock
After a Google-linked rally pushed attention back onto nuclear energy stocks, NuScale Power sits near $6 with investors eyeing the growing appetite for nuclear power in data centers and industrial applications as the next potential catalyst.
Indicative FX reference rates against the US dollar. · Updated 23 Oct, 00:02 UTC
