Category: Top Story
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Five Things to Watch in Markets This Week: US-China Talks, AI, Economic Data and Costco Earnings
Investors face a busy week of diplomatic developments, technology announcements and economic releases, with talks between US President Donald Trump and Chinese President Xi Jinping among the main events on the calendar. Artificial intelligence will also attract attention as Meta Platforms prepares for its Connect conference and world leaders gather in New York for the…
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HP Shares Fall 2% as Company Anticipates PC Market Contraction in 2027
HP Inc. (NYSE:HPQ) shares declined 2% in Monday morning trading after the company disclosed that it expects worldwide personal computer shipments to fall in calendar 2027. In a filing with the US Securities and Exchange Commission (SEC), HP said it anticipates a mid-single-digit percentage decline in global PC unit volumes compared with 2026, in line…
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Guardian Metal Resources: 92 Metres of Tungsten Highlights Tempiute’s Growing Potential
Guardian Metal Resources (AMEX:GMTL), (LSE:GMET), (USOTC:GMTLF) is continuing to build momentum at its Tempiute Tungsten Project in Nevada, with a 92-metre mineralised intersection providing another significant indication of the scale of the system. Guardian Metal Resources is adding further weight to its growing U.S. tungsten story, with the latest drilling results from the Tempiute Project…
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Accenture Shares Rise 6% Premarket Following $1 Billion AI Safety Partnership With Anthropic
Accenture (NYSE:ACN) shares climbed approximately 6% in premarket trading on Monday after Anthropic announced an agreement under which the IT services company will lead independent safety evaluations of its artificial intelligence models. The partnership, announced on 18 September, involves plans for both companies to invest at least $1 billion each over five years to expand…
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Morgan Stanley Highlights Growing AI Collaboration Between SpaceX and Tesla
Morgan Stanley has identified expanding technological and operational links between SpaceX (NASDAQ:SPCX) and Tesla (NASDAQ:TSLA), as the two Elon Musk-led companies pursue applications of artificial intelligence in robotics, energy and manufacturing. In a note led by analyst Adam Jonas, the bank said the companies “share tech, talent, and infrastructure in a shared mission of converting…
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Paramount and Warner Bros. Shares Rise on Report of Progress in Merger Settlement Talks
Shares of Paramount (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) rose in premarket trading on Monday after The Wall Street Journal reported progress in negotiations aimed at resolving legal opposition to their proposed $81 billion merger. Paramount executives and a coalition of US states seeking to block the transaction held discussions over the weekend about a…
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US Stock Futures Rise as Investors Monitor Middle East Oil Supplies and AI Policy Developments: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures advanced on Monday as investors assessed developments in the Middle East, declining oil prices and artificial intelligence policy discussions between Washington and Beijing. At 06:58 GMT, Dow Jones Industrial Average futures were up 239 points, or 0.5%, while S&P 500 futures gained 39 points, also rising 0.5%. Nasdaq 100 futures advanced 218…
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Wells Fargo Cuts S&P 500 Target to 7,700, Warns of 5%-10% Near-Term Downside
Wells Fargo has lowered its year-end 2026 S&P 500 target to 7,700 from 7,950, citing concerns about equity valuations, investor positioning and liquidity conditions. The firm now forecasts potential near-term downside of 5% to 10%. In a research note, analysts led by Ohsung Kwon raised their earnings-per-share forecasts to $425 for 2027 and $460 for…
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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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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…