Turbulence, tensions & turnarounds

Turbulence, tensions & turnarounds

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China’s tech stocks enter bear market territory

Earnings and Big Tech remain in focus, with Alphabet beating Wall Street’s expectations but causing some investors to take flight in the wake of projected capex spending. The rotation out of tech stocks continued on Wednesday - the Nasdaq Composite dropped 1.5%. China’s Hong Kong ...  Show more

AI disruption, US Treasury funding, earnings, and emerging-market outperformance

The rotation out of technology stocks continued, with software shares selling off on AI‑disruption concerns, while cyclical stocks outperformed. WalMart reached a USD 1 trillion market‑cap milestone. German long‑dated yields hit their highest level since 2011 as heavy issuance li ...  Show more

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