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Lenovo Group stock has slumped amid the AI bubble fears: buy the dip?

Lenovo Group stock has slumped amid the AI bubble fears: buy the dip?

Lenovo Group stock has reversed sharply over the past few months, falling from HK$37.78 in September to the current H$21.78. The retreat has coincided with ongoing weakness among most companies in the artificial intelligence industry.

Business
CAC 40 shares to watch this week: Airbus, TotalEnergies, French banks

CAC 40 shares to watch this week: Airbus, TotalEnergies, French banks

The CAC 40 Index has slumped into a correction after falling by over 11% from the year-to-date high of €8,753 in August to the current €7,782. The retreat has coincided with the ongoing protests in

Business
Gold price outlook: Can bulls survive the death cross and oil surge?

Gold price outlook: Can bulls survive the death cross and oil surge?

The gold price extended its sharp downward trend, falling to its lowest level since July last year as inflation concerns intensified. The precious metal dropped to $3,995, about 29% below this year’s peak, and formed

Business
Rubrik stock hits a record high on AI demand, as a risky pattern slowly forms

Rubrik stock hits a record high on AI demand, as a risky pattern slowly forms

Rubrik’s stock extended its strong rally on October 23, reaching a record high as demand for cybersecurity solutions continues to grow amid the ongoing AI boom. Shares of RBRK jumped to $129.60, a 210% gain

Business
Crude oil price forecast as Brent hits $117 amid US-Iran war fears

Crude oil price forecast as Brent hits $117 amid US-Iran war fears

Crude oil prices continued their bull run, reaching its highest level since May as concerns about the escalation between the US and Iran grew. It jumped to $117, continuing a bull run that started in

Business
CoreWeave stock on edge as Jensen Huang touts strong neocloud demand

CoreWeave stock on edge as Jensen Huang touts strong neocloud demand

CoreWeave’s stock extended its sharp downward trend, while its bond yields surged this week as investors remained concerned about the neocloud industry. CRWV fell to $57, its lowest level since May 9 last year. The

Business
Top FTSE 100 Index shares to watch next week: HSBC, Lloyds, BP, NatWest

Top FTSE 100 Index shares to watch next week: HSBC, Lloyds, BP, NatWest

The FTSE 100 Index has pulled back over the past few days, falling from this month’s high of 10,891 to its current level of 10,670. The retreat continued this week as top companies like Barclays

Business
SoftBank stock is in a deep sell-off as AI Bubble Index jumps to 74

SoftBank stock is in a deep sell-off as AI Bubble Index jumps to 74

SoftBank stock continued its strong downward trend, while its bond yields jumped as concerns about the artificial intelligence (AI) business continued. It dropped to ¥4,305 on Thursday, its lowest level since April this year and

Business
Lloyds share price analysis ahead of Q3 earnings and BoE rate hike

Lloyds share price analysis ahead of Q3 earnings and BoE rate hike

Lloyds share price has lost momentum in the second half of the year, moving from a high of 117.80p in July to the current 101.85p. This retreat has coincided with the ongoing selling of European

Business
Kospi Index analysis as Samsung, SK Hynix jumps despite key Ken Griffin warning

Kospi Index analysis as Samsung, SK Hynix jumps despite key Ken Griffin warning

Kospi Index jumped by over 4% on Wednesday as companies in the memory industry bounced back. It rose to 5,772 points, up modestly from this week’s low of 5,465, mirroring what happened in the United