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US equity index futures traded higher with the Nasdaq 100 up about 1%. The Magnificent Seven group of mega-cap tech stocks has regained market leadership this month, with an ETF tracking them up 2.5% compared to a 0.5% decline for the S&P 500.
(Adds blog post) STOXX 600 up 1.1%, tech leads, up 2.2% Wall St futures up Funds cut bearish bets on Japan's yen in latest week BofA crunch numbers on AI capex spending Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at. The Capex Boom, Minu
Global beauty giants are losing ground to smaller rivals, as AI-led disruption and the rise of Korean brands reshape the sector and cheaper, lesser-known brands with targeted digital marketing lead growth, J.P. Morgan said. AI-powered searches could shift beauty shopping from "browse and choose" to AI-generated shortli
J.P. Morgan said global beauty giants are losing ground to smaller rivals as AI-led disruption and the rise of Korean brands reshape the sector, with cheaper brands using targeted digital marketing leading growth.