HSBC downgrades global stock rating to "neutral" due to Middle East tensions and risks from artificial intelligence
路透社2026/10/26 10:01Reuters, October 26 - HSBC downgraded its global equities rating from "extremely overweight" to "neutral" on Monday, citing renewed geopolitical concerns in the Middle East and worries about potential AI regulation ahead of the US midterm elections.
HSBC stated in its research report: "In the coming weeks, the bearish narrative around artificial intelligence will be difficult to dispel—but we believe the market will ultimately find support."
(To assist non-native English speakers, Reuters has automated the translation of its reports into several other languages. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the automated translated text and provides it solely for readers' convenience. Reuters accepts no responsibility for any damage or loss caused by the use of the automated translation feature.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Commodity cost headwinds increase to 2.5 billions USD, Ford Motor (F.US) sees core profit edge up 4% against the trend in Q3 and raises its annual guidance lower limit
Ford's Q3 adjusted EPS exceeded expectations by 20%, and the company raised the lower end of its full-year profit guidance to $10.5 billion; however, revenue slightly missed expectations, causing shares to fall nearly 2% after hours.
AI contract manufacturing and advanced packaging drive double inflection points, KLAC (KLAC.US) posts ten consecutive quarters of revenue growth, Q2 guidance exceeds expectations
KLA Corporation (KLAC.US) reported first-quarter revenue of $4.136 billions, surpassing expectations and marking ten consecutive quarters of growth. The company's guidance for the next quarter remains strong, with shares rising 3.2% after hours, as ongoing AI demand continues to drive momentum.
Crypto prices
More
