Author: FX

investingLive Asia-Pacific market news: China beats, the euro wobbles and oil dips !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link

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jetcityimage/iStock Editorial via Getty ImagesStellantis (STLA) Chief Engineering and Technology Officer Ned Curic says that his company will continue hiring additional engineering staff from different locations in the U.S. and Europe amid a multi-year turnaround effort. “There’s room for growth; I am hiring,” Curic said on Source link

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Friday’s selloff in AI and chip stocks looked alarming, but the S&P 500 E-mini futures (ES) are telling a somewhat less frightening story. Following the October 16 close, my four-hour technical analysis still shows a decline within a broader trading range, rather than a confirmed major bearish trend reversal. The next important test is around 7,668, and I explain why in my video below:AI stocks were hit hard, but the broader market tells a different storyFor investors holding semiconductor and AI-related stocks, Friday was certainly an uncomfortable day.As Adam Button reported in AI names fall as the Nasdaq comes under…

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