Asian markets delivered a mixed performance on Tuesday, with investors balancing optimism around Chinese policy support against growing concerns over a potential US government shutdown. Unless lawmakers reach a funding deal by midnight local time, the US faces a closure that could delay key economic data releases, including September employment figures, construction spending, and August

The global base metals market is bracing for significant shifts following a series of announcements from China, the world’s largest consumer of these raw materials.  New production caps on non-ferrous metals and an increased emphasis on recycling are set to redefine supply dynamics, potentially offering price support while also introducing long-term uncertainties. On Sunday, China’s

British online fashion retailer ASOS warned on Tuesday that annual revenue would come in below market expectations, citing subdued consumer demand and a slow recovery in its fast-fashion business. The London-listed company said profit would still rise more than 60% from last year but land at the lower end of its previously guided range of

Dow futures plunged 150 points on Tuesday, as investors weighed political uncertainty in Washington against lingering concerns over economic growth. With Congress racing against a midnight deadline to avoid a government shutdown, investor sentiment grew increasingly cautious. Fears that federal services could be disrupted and key economic reports delayed added to the market’s jitters, feeding

Spotify announced on Tuesday that founder Daniel Ek will step down as chief executive officer at the start of 2026, transitioning to the role of executive chairman. The move will mark the end of his formal tenure as CEO after nearly two decades leading the company. Co-CEO model introduced Beginning January 1, 2026, Gustav Söderström,

Celsius Holdings is set for additional gains as its core and acquired beverage lines strengthen across markets, according to Morgan Stanley. The investment bank upgraded the energy drink maker to overweight from equal weight, citing expectations for renewed topline growth momentum. Alongside the upgrade, Morgan Stanley raised its price target on the stock to $70

Nvidia and AMD look set to ride a huge wave of growth as AI spending is expected to explode in the coming years. Citigroup just put a number on it and forecasted that nearly $3 trillion is set to be poured into AI infrastructure by 2029. Nvidia clearly leads the pack with its powerhouse chips

The Neos S&P 500(R) High Income ETF (SPYI) stock price has done well this year and is now hovering at its record high. In addition, the fund has an 11% yield, much higher than the Vanguard S&P 500 ETF (VOO), which yields just 1.1%. Why the SPYI ETF yields too much The SPYI ETF is

US stocks edged lower on Tuesday as investors weighed the prospect of a federal government shutdown against an otherwise strong September for equities. The Dow Jones Industrial Average hovered just below the flatline, while the S&P 500 and the Nasdaq Composite each slipped 0.1%. Shutdown risks have added to broader concerns about a slowing labour

Wolfspeed stock kicked off Tuesday with a 35% uptick in pre-market trades after Monday’s eye-popping rally. The company just wrapped up a tough Chapter 11 bankruptcy, slashing its massive debt and hitting the reset button on its finances. That fresh start has investors feeling hopeful about Wolfspeed’s future in the chip business. But with such