ASML’s lowered forecast suggests factory overcapacity, not chip doom
By Max A. Cherney and Stephen Nellis (Reuters) – ASML (AS:ASML)’s deep forecast cuts that sparked a global tech stock selloff signal…
Morgan Stanley’s profit beats estimates on investment banking windfall
By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) -Morgan Stanley’s third-quarter profit surpassed estimates on an investment banking windfall that had…
PIMCO says UK budget unlikely to shock markets, gilts look attractive
By William Schomberg and David Milliken LONDON (Reuters) – Britain’s new government is unlikely to upset investors in its first budget this…
