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The Shanghai Composite fell 0.4% to 3,872 on Monday, while the Shenzhen Component dropped 0.8% to 13,370, dragged lower by AI-related stocks. Sentiment toward the sector deteriorated after several major AI firms called for a slowdown in the technology's development, casting doubt on one of the main drivers of this year
Fitch Ratings said an AI-led market collapse could send U.S. share prices down 35% over six months and push the economy into recession. Its stress test also assumed a 15% drop in overseas stocks and a sharp pullback in AI investment and business confidence.
Lululemon reported second-quarter revenue of $2.42 billion, below the $2.46 billion consensus, and lowered full-year revenue guidance to $10.35 billion-$10.50 billion from $11 billion-$11.15 billion.
The Shanghai Composite falls 0.5% to 3,863 and the Shenzhen Component drops 1.2% to 13,622 as both benchmarks sink to nearly one-month lows amid broad technology-stock selling.
China optical module stocks decline
U.S. stocks rose at midday Friday in a broad-based rally, with the Dow up around 0.5% and the S&P 500 gaining 0.4%, as a roughly 4% slide in oil prices cooled the inflation and rate-hike anxieties that had gripped markets all week. The Wall Street Journal reported that Bahrain and Kuwait warplanes had struck sites insi
US Launches New Strikes On Iran As Hormuz Traffic Slumps - Trump Confronts Limits To US Power To Secure Strait Of Hormuz - US Targets Iranian Bridges In Bid To Choke Off Regime s Supply Routes - Oil Holds Big Weekly Gain As Iran War Escalation Threatens Flows - Chevron To Explore Pipeline Bypassing The Strait Of Hormuz
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie
Barron's identifies companies positioned to benefit from rising demand for drones and counter-drone systems, including Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie
Barron's identifies Kratos Defense & Security Solutions, AeroVironment, RTX, and L3Harris Technologies as companies positioned to benefit from rising demand for drones and related technologies
Cover Story: - -Cheap drones are reshaping the defense sector by proving that low-cost, mass-produced systems can threaten or destroy weapons platforms that cost hundreds of Ms of dollars. The Iran war reinforced the lesson already visible in Ukraine: spending heavily on exquisite systems no longer guarantees battlefie