On its first trading day, the Finnish small-scale nuclear energy company Steady Energy saw its share price drop by nearly 6%. The stock market pricing was more rational than the initial offering price.
Executives in the AI industry have called for a slowdown in research and development of the technology, causing shock waves through global tech stocks. Hardware chips fell sharply, while some software stocks bucked the trend and did well.
Top executives in the AI industry have jointly warned about the risks of technology, triggering a global sell-off in AI stocks. Chips and technology stocks across all major markets weakened.
The Super Central Bank Week has begun, and the performance of the British stock market is showing divergence. The FTSE 100 Index is rising thanks to defensive stocks and energy stocks.
S&P Dow Jones Indices has revised the inclusion rules for the TSX index, no longer requiring local registration as a condition. After Anglo American Resources acquired Teck Resources, it may remain within the Canadian benchmark index.
The attack on the oil pipeline in Saudi Arabia has triggered a flight-to-safety sentiment, causing the benchmark stock index in Saudi Arabia to open sharply lower, with energy stocks leading the decline.
The main stage of the acquisition offer by Poste Italiane has concluded. It has obtained over 60% of the shares of Telecom Italia and has removed the minimum threshold, ensuring the smooth implementation of the acquisition.
U.S. inflation data was hotter than expected, raising the odds of an interest rate hike. U.S. stocks bucked the trend on Friday with markets looking ahead to the Fed’s interest rate decision.
The Australian stock market experienced a large correction, hitting a new two-month low. Mining stocks suffered a heavy decline, while expectations of interest rate hikes rose. Only the banking sector managed to resist the decline and maintain its stability.
Oracle founder Ellison halts the large-scale stock sale plan, and the risk of large-scale selling pressure has disappeared in the short term.
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