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Stocks Gain as Buyers Step In After AI-Led Selloff

Wall Street staged a comeback as dip buyers emerged, lifting stocks amid renewed enthusiasm over artificial intelligence and bets that a solid economy will keep powering Corporate America. Chris Harvey, Head of Equity & Portfolio Strategy at CIBC Capital Markets, discusses signs of a potential market melt-up.

Bloomberg Markets 2d ago

How to protect your wealth when rupee is falling

The rupee is falling and your investment portfolio is bleeding red. India may be a fundamentally strong growth story, but for now your investments may be flashing negative returns. As the impact of the US-Iran conflict rips through an economy dependent on fuel imports, the currency has seen a rapid fall requiring RBI's frequent interventions.

Times of India 3h ago

UK media fails to disclose defence sector links in nearly 60% of cases

Executive summary This report reveals how retired senior British military figures are frequently presented in the UK media as purely independent experts on defence and security matters without mention of their personal commercial and employment interests in the defence, technology, intelligence, and security sectors in those reports. By analysing media reports between 2015 and May 2026, AOAV identified a repeated pattern where almost 60% of former key military personnel with links to the...

Hacker News 6d ago

From tax waivers to free hedges, RBI & govt join hands to boost Rupee

In a coordinated move, govt and RBI Friday rolled out a clutch of measures aimed at attracting foreign portfolio investors and non-resident funds to govt bonds and bank deposits. The strategy is as much about sentiment as it is about flows: signalling openness, easing friction, and offering a small subsidy from RBI in the form of free insurance cover to banks against rupee depreciation. As a result, the rupee gained by 84 paise to close at 94.95 compared with Thursday's close of 95.79 - its...

Times of India 4d ago

Bitcoin caps a dismal week as price wallows 50% below its all-time high

Bitcoin's dire start to June worsened early on Friday, with the cryptocurrency on course to trade more than 15% lower for the week. Prices had fallen to their lowest levels since early April on Tuesday after crypto treasury company Strategy sold a small amount of its bitcoin holding, weighing on sentiment. Meanwhile, tech stocks have been under pressure, bringing an end to an extended rally, after Broadcom's revenue miss on Wednesday sent semiconductor stocks lower.

CNBC 5d ago

ReSGA: A Large Tail Risk Model for Learning Value-at-Risk and Expected Shortfall

Announce Type: cross Abstract: Learning Value-at-Risk (VaR) and Expected Shortfall (ES) is important for managing financial risks effectively. Existing approaches with limited parameters are vulnerable to model misspecification in the era of big data.

arXiv CS 6d ago

Silicon Valley’s new buyout playbook is hitting Wall Street

Venture capital is buying its way into the artificial intelligence transformation that enterprise software hasn't delivered. Instead of selling AI tools to companies, venture firms are buying legacy companies outright and rebuilding them around AI from the inside. The bet puts VCs on offense and leaves traditional private equity, which spent the last cycle buying enterprise software at peak prices, on defense.

CNBC 1d ago

Josh Brown, counting on a new momentum strategy, thinks investors want more than index funds

Josh Brown, one of Wall Street's most recognizable financial advisers, said the rise of passive investing has created demand for a different kind of product: a concentrated portfolio aimed at capturing the market's biggest winners. The CEO of Ritholtz Wealth Management and CNBC contributor recently launched Porterhouse, a separately managed account named after the premium cut of steak and built to hold what he considers the market's best opportunities. The rules-based momentum strategy, run...

CNBC 11d ago

Gold, silver and bitcoin fall as traders up Fed rate hike bets

Precious metals were among the assets firmly in negative territory on Wednesday, as fears about inflation and the Federal Reserve's interest rate path weighed on investor sentiment. ET, spot gold was down 2.4% to trade at around $ 4,161.63 an ounce. U.S. gold futures also fell 2.2% to settle at $ 4,194.90/oz.

CNBC 5h ago

Chip rebound has one trader buying protection

Chip stocks are bounding back Monday, but the rebound doesn't mean tech investors are in the clear. The PHLX Semiconductor Index (SOX) suffered its fifth-largest single-day decline in history. When a sector that has effectively anchored the entire macro tech narrative moves with that kind of violence, we shouldn't treat it as routine noise.

CNBC 2d ago