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  • Mar 06, 2025

Chip stocks lead selloff on Wall St; tariffs in focus

Wall Street's main indexes fell on Thursday, led by a decline in chip stocks as Marvell's forecast fanned worries of slowing demand for AI infrastructure, while worries about a trade war unleashed by U.S. tariffs also weighed on sentiment. Concerns about overspending and overcapacity in the U.S. AI industry, in the face of China's cheaper DeepSeek models, paused Wall Street's bull rally in January. The tech-heavy Nasdaq is now down over 9% from its record high hit in December.

  • Mar 06, 2025

Analysis-Investors question 'Trump put' as tariffs rattle stock markets

NEW YORK (Reuters) -Investors are recalibrating how to play U.S. President Donald Trump's whipsawing policy changes, weighing that a so-called "Trump put" supporting stock market prices may be fading and that his administration is more keenly focused on the debt markets. Investors had bet strongly that Trump's agenda to lower taxes and usher in deregulation would support risk assets in a similar way to his first term when he frequently touted the stock market's performance. The so-called "Trump put," which refers to options, assumes that he will do whatever possible to keep the stock market happy.

  • Mar 06, 2025

BrightSpring Health Services’s (NASDAQ:BTSG) Q4: Beats On Revenue

Healthcare services provider BrightSpring Health Services (NASDAQ:BTSG) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 28.6% year on year to $3.05 billion. The company expects the full year’s revenue to be around $11.85 billion, close to analysts’ estimates. Its non-GAAP profit of $0.22 per share was in line with analysts’ consensus estimates.

  • Mar 06, 2025

Market Turmoil Pushes Low-Volatility Stocks Into Driver’s Seat

(Bloomberg) -- The recent rout in the S&P 500 driven by anxiety over US tariffs’ impact on the economy is finally giving one group its chance to shine.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowHow Sanctuary Cities Are Fighting Trump, AgainLow-volatility stocks are outperforming the

  • Mar 05, 2025

Kuwait Stocks Outshine Gulf Peers as Ruler Pushes for Reforms

(Bloomberg) -- Kuwaiti stocks are outpacing their Gulf peers this year, with banks driving a rally built on optimism that long-delayed economic reforms are gaining traction.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowHow Sanctuary Cities Are Fighting Trump, AgainThe Boursa Kuwait Prem

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