Oil prices leap to $100 a barrel
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European shares fell on Thursday as chip stocks slid and Nestle tumbled nearly 7%, heading for its biggest one-day decline since July 2002
The Google parent raised its capital expenditure outlook for the year by $15 billion, to between $195 billion and $205 billion, aiming to accelerate its pace of capacity delivery to meet growing demand. Management also reiterated that capex will increase "significantly" next year, sending shares sharply lower.
Japanese stocks were lower in early trade amid renewed concerns about higher energy costs.
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Tech stocks fell and oil prices jumped on Monday, as an escalation in US-Iran strikes reverberated across markets, hitting Asian chipmakers hard. The Nasdaq 100 slid 1.4 per cent in early trading on Monday and the S&P 500 fell 0.
The Nikkei stock index opened lower Tuesday, weighed down by technology shares that tracked overnight losses on Wall Street amid rene
The major stock indexes fell on Tuesday as yesterday's tech sell-off deepened and spilled over into memory and chip stocks.
Asian stocks fall on tech sell-off, oil prices near multi-month highs amid West Asia conflict fears. Inflation concerns rise, Fed rate hike expected.
Tech shares were sliding on Tuesday, wiping out an early-morning rebound and continuing the tech-led market selloff that started last Friday. Bret Kenwell, U.S. investment analyst at eToro, pointed to "palpable jitteriness" ahead of several key events ...
The stock is at a 13-year low after two partner pullbacks, but the selloff is driven by sentiment and lost warehouse demand, not a broken technology platform. Ocado is pushing smaller, store-based automation that matches where grocery fulfillment is shifting (from big robotic warehouses to store picking).
Tech stocks are in a free fall. Drops follow global tech selloff. SpaceX set for fourth straight day of declines. The markets are looking at steep declines in early trading amid a global tech selloff of tech stocks as investors worry about high-priced ...