Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year.
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Goldman’s ways to play deglobalization, onshoring trend fueled by pandemic and Ukraine war
World
The Tech Download: Chip stocks surge in ‘historic’ month as investors’ AI buildout concerns ease
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. After a month or so in the doldrums as investors rode a wave of anxiety about the AI buildout, chip stocks have hit a real purple patch again in April. In March, Nasdaq’s PHLX Semiconductor Sector Index — […]
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World
Japanese FX intervention wipes out yen’s Iran war losses — but fails to eliminate market concerns
Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images The Japanese yen surged against the dollar on Friday, extending gains that came the previous day after officials in Tokyo said they stood ready to intervene in the foreign exchange market. Friday saw the Japanese currency rise […]
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World
Exxon Mobil and Chevron earnings fall as Iran war disrupts oil shipments
The Exxon oil refinery in Baytown, Texas, US, on Thursday, March 5, 2026. Mark Felix | Bloomberg | Getty Images Surging oil prices due to the Iran war did not result in a windfall for Exxon Mobil and Chevron in the first quarter. The two biggest U.S. oil companies reported profits on Friday that fell […]
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