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News 2026-10-02 04:35 UTC

European Briefing 02/10/2026: Tokyo Core Inflation Jumps In Sep, Bolstering Case For Further BoJ Hikes; US SEC Seeks To Make It Easier For Funds, Advisers To Hold Crypto

US Employment Report Set To Reflect Solid Job Growth - Fed Officials Push Back On Market Bets For October Rate Hike - Fed s Logan Says Policy Rate Must Rise By Another 50bps Or More - US Sends More Patriot Missiles To Protect Saudi And Qatari Energy Sites - US May Add Aircraft Carrier And 10,000 Troops To Middle East

News 2026-09-18 13:52 UTC

AI Capex Boom Risks 'Massive Capital Destruction' in the US, Warns Veteran Market Strategist: 'You Could Get Some News Item That Suddenly…'

Chris Wood, Global Head of Equity Strategy at Jefferies, raised concerns over the sustainability of the current trend in AI investments, warning of a potential implosion due to a shift towards debt financing and the risk of a funding break. Wood, in an interview with CNBC-TV18 on Thursday, expressed apprehension about