Cisco sees record results from an AI ‘supercycle,’ but its stock pulls back
An 18% revenue surge and blowout 2027 forecast weren’t enough to sustain Cisco’s stock momentum.
My wife can claim $900 at 62. Should she take it now — or wait for her spousal benefit?
“She was a teacher at a school district, so didn’t put much into Social Security.”
Korea’s 30-Year Bond Yield Hits Record on Oil, Rate Hike Bets
South Korea’s 30-year government bond yield climbed to a record, as elevated energy prices and weaker demand from life insurers intensified pressure on the debt market.
India’s Small, Mid-cap Funds Stay Hot With Investors
The smaller stocks have comfortably outpaced large caps this year.
Rakuten’s Shares Plunge After Mobile Losses Fuel Investor Fears
Rakuten Group Inc.’s shares sank the most in over a year after the Japanese e-commerce pioneer failed to slash persisting losses at its mobile unit.
Oil Gains Before US CPI, Asian Tech Stocks Rise: Markets Wrap
Crude oil climbed as traders remained wary about the prospects for a Middle East deal, tempering the mood in the run-up to crucial US inflation data. Technology shares led gains in Asian equities.
Yen Traders Use Options for ‘Flexibility’ Into US Inflation Data
Yen traders are ramping up options market activity ahead of key US inflation data, turning to derivatives for flexibility amid a lack of consensus on the currency’s direction.
India’s Small Traders Lose $9.6 Billion in Options Despite Curbs
Indian retail traders lost 916.85 billion rupees ($9.6 billion) trading equity futures and options in the year ended March, showing that a regulatory clampdown has so far had only limited success in stemming the heavy losses incurred by individual investors.
Gold Advances as Traders Watch US Inflation for Rate-Hike Clues
Gold edged higher, as traders weighed prospects for a deal to reopen the Strait of Hormuz while awaiting US inflation data that could provide fresh clues on the Federal Reserve’s interest-rate path.
Latest Oil Market News and Analysis for Aug. 12
Oil advanced for a sixth day on skepticism about the prospects for a deal that would restore energy flows through the Strait of Hormuz, despite an upbeat assessment from some officials.