A global rally in technology shares lost momentum as disappointing earnings from two industry heavyweights revived concerns over whether billions of dollars in AI spending will generate sufficient returns. [09:15 ET] ECB: The increased magnitude and duration of the energy shock, as well as the implications for indirect and second-round effects, are likely to drive up inflation and lower growth. [EUR & European Bond Yields Weakened] [04:55 ET] Trump Admin in ongoing talks for temporary peace deal
A global rally in technology shares lost momentum as disappointing earnings from two industry heavyweights revived concerns over whether billions of dollars in AI spending will generate sufficient returns. [09:15 ET] ECB: The increased magnitude and duration of the energy shock, as well as the implications for indirect and second-round effects, are likely to drive up inflation and lower growth. [EUR & European Bond Yields Weakened] [04:55 ET] Trump Admin in ongoing talks for temporary peace deal - Semafor [OIl Weakened]
A global rally in technology shares lost momentum as disappointing earnings from two industry heavyweights revived concerns over whether billions of dollars in AI spending will generate sufficient returns. [09:15 ET] ECB: The increased magnitude and duration of the energy shock, as well as the implications for indirect and second-round effects, are likely to drive up inflation and lower growth. [EUR & European Bond Yields Weakened] [04:55 ET] Trump Admin in ongoing talks for temporary peace deal - Semafor [OIl Weakened]