NEWS
Bank of America Projects Significant Rise in AI Capital Expenditure by 2027
Bank of America has revised its projections for capital expenditure in the AI sector, forecasting a nearly 50% increase by 2027. The bank anticipates that hype…
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The S&P 500 surged 2% to a record high of 7754, fueled by strong earnings reports and optimism surrounding AI investments. Major players like Amazon and Google showcased potential returns, while chipmakers and DRAM companies benefited from favorable market conditions.
Read storyBank of America has revised its projections for capital expenditure in the AI sector, forecasting a nearly 50% increase by 2027. The bank anticipates that hype…
UBS maintains a constructive outlook for global markets, citing strong earnings growth and cooling inflation as key factors that could support equities. The ba…
HSBC continues to favor US equities, citing resilient economic growth and a strong AI narrative, while interpreting recent declines in semiconductor stocks as…
US stock markets experienced a strong start to August, with major indices rising for the third consecutive day. The NASDAQ Composite led the gains, driven by t…
The upcoming week features significant economic data releases, including manufacturing PMIs, U.S. job openings, and labor market reports from both the U.S. and…
Oil prices fell nearly 5% as President Trump announced the cancellation of planned strikes on Iran, hinting at a potential deal regarding the Strait of Hormuz.…
Following a week dominated by major tech earnings, the upcoming calendar features reports from various sectors including industrials, healthcare, and consumer…
European equities ended the week on a positive note, with most major indices posting modest gains. The FTSE MIB led the region, while the UK's FTSE 100 was the…
Lorie Logan, President of the Dallas Federal Reserve, has voiced her dissent regarding the recent FOMC rate decision, advocating for a quarter-point rate hike…
Eurozone inflation has edged up in July, prompting speculation about future ECB rate hikes. Meanwhile, the Bank of Japan holds rates steady, with Governor Ueda…
