US equity funds recorded their first weekly outflows in three weeks in the week ended October 28, as investors grew cautious ahead of earnings from major AI hyperscalers amid concerns about the rising cost of their AI build-outs. Investors withdrew a net $6.65 billion from US equity funds during the week, marking the first weekly outflow since October 7, according to LSEG Lipper data. Microsoft reported a strong cash-flow beat earlier this week and forecast robust cloud growth, offering...
"We've now replenished 90% of the stolen assets, and we're committed to covering the remaining 10%," Binance co-CEO Richard Teng posted on X, adding that "Our users will…
CNBC reports: A month after President Donald Trump ordered that "super intelligence" replace the term artificial intelligence within executive branch departments and…
Quarterly earnings reports from banks, along with inflation data and other economic releases next week, will offer US stock investors insight into the strength of…
Discussion (0)
No comments yet. Start the conversation!