AGP Executive Report
Last update: 6 hours agoUS Markets: AI-linked shares slid after weak results from Alphabet and Amazon and Intel’s 29% plunge, pulling the S&P 500 down 1.8% and the Nasdaq 2.9%. Investors now face US elections, earnings from Apple and AMD, and jobs data as tests of the market’s AI-led rally. Big Tech: Amazon’s shares have given back more than half their post-earnings surge; investors are looking to cloud growth for a fresh boost, with AWS revenue forecast to rise nearly 40%. Global Trade: South Korean exports jumped 93.7% in October, their strongest annual growth since 1974, led by soaring semiconductor and computer sales tied to AI demand. Thailand Outlook: The central bank raised its growth forecasts to 2.4% for 2026 and 2.1% for 2027, but warned that gains remain concentrated while household spending and small-business lending weaken. Crypto: The sector lost about $360 billion in October amid rate concerns, fund outflows and a major exchange hack. UK Housing: Annual house-price growth slowed to 0.5% in October, its weakest pace since January 2024, as higher borrowing costs weighed on buyers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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