ADVFN US – Market Content Editor
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Citi Forecasts Widening Memory Chip Shortages Through 2031 as AI Demand Expands
Citi expects shortages across the global memory semiconductor market to deepen through 2031, driven by increasing demand for high-bandwidth memory (HBM), DRAM and NAND as artificial intelligence systems adopt continual learning. In a research note published Monday, the investment bank identified continual learning as a potential central theme in AI development over the next five…
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Bank of America Sets 12-Month S&P 500 Target at 7,800, Sees 2% Upside
Bank of America (BofA) has introduced a 12-month target of 7,800 for the S&P 500, implying approximately 2% upside from current levels, while raising its year-end forecast and identifying several risks to US equities. In a note published this week, strategist Savita Subramanian increased the bank’s year-end target to 7,400 from 7,100. The revised projection…
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Capital Economics Warns AI Bubble Collapse Could Trigger 30% US Stock Market Decline
Capital Economics has outlined the potential consequences of a collapse in artificial intelligence-related stock valuations, forecasting substantial declines in global equities, limited gains in some government bonds and a weaker US dollar. In a note published this week, chief economic adviser John Higgins said he sees “plenty of signs that we are now in the…
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Nasdaq Leads Wall Street Higher as Falling Yields Cap a Turbulent Fed Week
U.S. stocks finished narrowly mixed on Friday, closing out a volatile week on a steadier note as a pullback in Treasury yields helped support technology shares. The Nasdaq Composite led the way, while the S&P 500 edged higher and the Dow slipped modestly. The gains capped a stretch dominated by the Federal Reserve, which earlier…
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SpaceX adds $946M NASA crew deal through 2030
NASA awarded SpaceX three additional ISS crew missions worth $946 million, lifting their Commercial Crew contract to $5.92 billion.
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Orion180 falls below IPO price in Nasdaq debut
Orion180 shares opened below their $12 IPO price after the homeowners insurer accepted a substantial discount to its marketed range.
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FTSE 100 falls as Hormuz risk eclipses retail beat
The FTSE 100 fell 1.45 per cent as a Hormuz tanker attack and Saudi supply disruption outweighed stronger U.K. retail sales.
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Yen jumps as BOJ rate check raises intervention risk
Yen rallied after Bank of Japan rate check signalled possible currency intervention following an initially disappointing interest-rate hike.
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Diesel margins hold near records as supply tightens
European diesel margins remain near record highs as limited refinery capacity and disrupted Hormuz shipping keep global fuel supplies tight.
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Volkswagen plunges as Porsche drives €10 billion hit
Key takeaways Volkswagen AG (OTC:VWAGY) shares suffered their sharpest decline in months after the German automaker warned that Porsche’s deteriorating outlook and additional restructuring costs would substantially reduce its 2026 profit. Volkswagen’s preferred shares fell as much as 7.5 per cent in Frankfurt on Friday before closing 5.6 per cent lower. Shares of Porsche AG…