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Top related persons:
Wayne Cole - 1 Changpeng Zhao - 1 Zhao - 1 didn't - 1 Hunt - 1 ECB's Centeno - 1 Elderson - 1 Mester - 1
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Santa Clara , California Wayne China Sweden's
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NVIDIA - 1 Handout - 1 REUTERS - 1 Nvidia - 1 Treasury - 1 Fed Bank of Cleveland - 1 Bank of Canada - 1 Thomson - 1

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3 mentions found


☆ Morning Bid: Nvidia shares take bumpy ride after hours
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +3 min
The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Courtesy NVIDIA/Handout via REUTERS/File Photo Acquire Licensing RightsA look at the day ahead in European and global markets from Wayne Cole. The early focus was on Nvidia (NVDA.O), which in AI tech terms is the only company selling shovels during a gold rush. Volumes were so large and orders so backlogged that the price was - unusually - still moving erratically hours into the Asian day. A Reuters poll showed 10 of 19 economists looked for a rise, while market pricing is leaning against a move.
Persons: Wayne Cole, Changpeng Zhao, Zhao, didn't, Hunt, ECB's Centeno, Elderson, Mester, Macklem, Edmund Klamann Organizations: NVIDIA, Handout, REUTERS, Nvidia, Treasury, Fed Bank of Cleveland, Bank of Canada, Thomson Locations: Santa Clara , California, Wayne, China, Sweden's
☆ Oil prices extend decline on recession fears, China COVID curbs
  + stars: | 2022-10-12 | by ( Isabel Kua | ) www.reuters.com   time to read: +3 min
SINGAPORE, Oct 12 (Reuters) - Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs in China. Register now for FREE unlimited access to Reuters.com RegisterThe International Monetary Fund on Tuesday cut its global growth forecast for 2023 and warned of increasing risk of a global recession. A stronger dollar makes dollar-denominated commodities more expensive for holders of other currencies and tends to weigh on oil and other risk assets. "Hotter-than-expected data may again tip investors’ sentiment over the edge, which will intensify the current recession fears, pressing on oil prices further," Teng said. The oil market is also being pressured by tightening COVID-19 curbs in China, the world's second-largest oil consumer.
☆ Oil prices extend decline on recession fears, China Covid curbs
  + stars: | 2022-10-12 | by ( ) www.cnbc.com   time to read: +3 min
Oil storage tanks stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., at night in Tuapse, Russia. Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening Covid-19 curbs in China. Brent crude futures fell 51 cents, or 0.5%, to $93.78 a barrel by 0033 GMT. "Hotter-than-expected data may again tip investors' sentiment over the edge, which will intensify the current recession fears, pressing on oil prices further," Teng said. The oil market is also being pressured by tightening Covid-19 curbs in China, the world's second-largest oil consumer.
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