Financial News & Analysis
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KOSPI reclaims 7,000 level as Alphabet lifts AI optimism
KOSPI surges past 7,000 as Alphabet raises 2026 capex guidance, boosting AI optimism and chipmakers.
Japanese Yen plunges to 163 versus US dollar for first time in over 39 years
Japanese Yen hits 163 vs USD, first time since 1986, amid safe-haven demand for USD due to geopolitical tensions.
Tesla Short Sellers Mint $4 Billion Profit as Shares Nosedive
Tesla's sharp stock decline yields $4B profit for short sellers, signaling bearish pressure on the EV sector and broader market.
Alphabet had 82% Cloud growth & higher margins. Tesla delivered 480,126 cars. But market reacted...
Alphabet and Tesla posted mixed results but stocks fell on AI capex concerns and EPS miss, reflecting bearish retail sentiment.
US weapons makers’ sales soar as Iran war boosts order backlog
Pentagon pushes defense contractors to increase production to rebuild stockpiles amid Iran war, boosting sales.
The Nestlé supertanker’s turnaround is in train — under the surface
Nestlé is divesting slow-growth brands to revitalize its portfolio, aiming for faster growth and profitability.
UK employers should keep access to skilled trades visas, government advisers say
UK advisory committee recommends temporary work permits for 28 skilled trades roles to address labor shortages.
JPMorgan report finds dramatic jump in AI-themed ETFs — despite rough quarter
AI-themed ETF inflows surged despite a tough quarter for AI stocks, signaling sustained investor conviction.
Congress splits on war powers resolutions to force Trump to abandon Iran war
Congressional war powers resolutions to limit Trump’s military action against Iran face a certain veto, sustaining geopolitical tensions and market...
Heat Worries US Wheat Farmers Just as Crop Prices Are Surging
Scorching heat threatens US wheat yields, potentially tightening supply as prices hit 3-year highs.
Short sellers notch $15.5 billion profit as SpaceX shares slide
Post reports short sellers profiting as SpaceX shares slide below IPO price, citing concerns over debt-funded AI spending.
Hedge funds grow at fastest rate in history as AI boom lifts markets
Hedge fund assets surged by over $400bn, driven by AI boom and institutional inflows, reflecting broad market strength.