UBS is more bearish than Wall Street on a number of stocks right now.
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‘Conviction sell’: UBS says avoid these global stocks amid rising headwinds
World
Alibaba unveils Qwen3.5 as China’s chatbot race shifts to AI agents
Qwen3 is Alibaba’s latest large language model, which it says combines traditional LLM capabilities with “advanced, dynamic reasoning.” Sopa Images | Lightrocket | Getty Images Alibaba Group has released its newest AI model series, featuring enhanced capabilities, as it faces intensifying competition in China’s AI space with several models launched in the past week. The […]
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Asia markets make cautious start, oil rises on U.S.-Iran talks
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Aug. 5, 2024. Noriko Hayashi | Bloomberg | Getty Images Asian financial markets were treading carefully on Tuesday in holiday-thinned trading, but oil pushed higher with U.S and Iran nuclear negotiations in Geneva due to begin later in […]
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Australia central bank sees no set path for future rates, following Feb hike
Australia’s central bank sees inflation staying above its target band in 2026. Brendon Thorne | Bloomberg | Getty Images Australia’s central bank concluded inflation would stay stubbornly high if it had not hiked interest rates as it did this month, and was not yet sure if further tightening would be necessary. Minutes of the Reserve […]
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