Paycom Software (NYSE: PAYC) is another stock with an appealing valuation: Its recent forward-looking price-to-earnings (P/E) ratio of 19 is well below the five-year average near 48. That valuation is ...

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US car market gives Stellantis, Nissan a rough ride

Problems in the highly competitive U.S. car market ranging from weak prices to high inventories and difficult logistics dented profits and hit shares of automakers Stellantis (NYSE:STLA) and Nissan ...

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Chaos on Asia and US stock markets as investors rush to sell shares in one sort of company

US stock indexes suffered their worst losses since 2022 after profit reports from Tesla and Alphabet sucked momentum from Wall Street's AI frenzy.

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Stocks tumble amid US tech rout

Asian stocks fell heavily overnight after a rout in major US tech shares sent global markets plunging. The FTSE 100 and other European indexes are on track to open lower after the sell-off triggered ...

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Shares drop in US and Asia as AI stocks slide

Shares in technology companies, especially those related to AI, have driven much of this year's stock market gains. AI chip giant Nvidia, which has been one of the main beneficiaries of the AI boom, ...

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