Earlier stories, newest first (page 17 of 514).
Tiffany McGhee, CEO of Pivotal Advisors, emphasizes that upcoming earnings reports must demonstrate the profitability of AI investments. She characterizes the current market as resilient yet highly…
Analysts are making a bullish case for Nvidia stock to continue its ascent following its recent record high. They cite the chipmaker's pivotal role in the AI ecosystem and its relatively attractive…
Nokia's CEO stated that data center construction could double in speed without current supply chain limitations. These comments highlight persistent demand for AI infrastructure despite ongoing…
Crude oil prices stabilized after a 2% drop on Monday, influenced by increased exports from the Persian Gulf. A recent price cut by Saudi Arabia also contributed to market dynamics, suggesting a…
Ginkgo Bioworks Holdings Inc. shares experienced a 21% surge today, extending its monthly gains to 120%. This significant upward movement reflects strong investor interest and positive momentum for…
Polar Power Inc. has formally rejected an acquisition proposal from Solidion Technology Inc. This decision signals Polar Power's intent to remain independent or pursue alternative strategic options.
A comparison of $1,000 investments over ten years reveals Bitcoin significantly outpaced the S&P 500 and gold. Bitcoin's growth turned the initial investment into over $137,000, highlighting its…
Jim Cramer highlights Nvidia, Microsoft, and Meta as key drivers pushing stock indices to new highs. This occurs despite a backdrop of surging Treasury yields, indicating strong performance in…
The Department of Health and Human Services (HHS) has finalized updated rules aimed at increasing price transparency for healthcare costs. These regulations are designed to provide consumers with…
Freshworks Inc. (FRSH) is slated to be added to the S&P SmallCap 600 index, replacing BioLife Solutions Inc. (BLFS). This change will be effective prior to the open of trading on a specified date,…
Strive, a Nasdaq-listed company, has completed its largest Bitcoin acquisition in four months, purchasing approximately $169 million worth of the cryptocurrency. This significant investment adds…
The Department of Energy has confirmed a loan of up to $4.2 billion to Vistra Corp., aimed at boosting nuclear power output. This substantial funding is expected to support the company's energy…
Malaysia's upcoming 2027 budget plan is anticipated to benefit the nation's consumer and construction sectors. Prime Minister Anwar Ibrahim's spending initiatives could drive growth in these specific…
Oracle Corp.'s healthcare unit experienced a cybersecurity breach last year, compromising personal information for nearly 20 million people. The incident highlights ongoing challenges in data…
The S&P 500 Index is approaching a record high, propelled by a strong rally in technology stocks. This tech-led surge also lifted Asian shares, as investors largely overlooked broader economic…
Russian gold is increasingly flowing into Hong Kong, a direct consequence of Western sanctions imposed after the 2022 invasion of Ukraine. This rerouting highlights a significant shift in global…
Australian consumer confidence experienced a further decline in October following the Reserve Bank of Australia's latest interest-rate increase. The ongoing cost-of-living crisis also contributed to…
Gold prices remained steady as a stronger US dollar and higher Treasury yields influenced expectations for the Federal Reserve's rate path. Traders are assessing the interplay of these macroeconomic…
US Supreme Court justices expressed skepticism regarding the oil industry's attempt to dismiss climate change lawsuits. The legal challenge could have significant implications for energy companies.
Starbucks' decision to expand into China's Xinjiang region is highlighted as a calculated geopolitical risk. The move has drawn scrutiny over choices made by the company in a sensitive area.
Australian Treasurer Jim Chalmers warned that rising global bond yields will strain the national budget. Increased debt refinancing costs are expected to impact Australia's fiscal position.
The Nasdaq Composite achieved its 23rd record close of the year, primarily fueled by strong trading in artificial intelligence stocks. Analysts are questioning the sustainability of these 'artificial…
Financial institutions are increasingly providing loans for the burgeoning AI chip sector in Asia. This trend, part of an $8.2 trillion AI buildout, involves significant risk for lenders.
BP Plc's CEO O'Neill stated the company must improve its utilization of investor capital. The comments highlight a focus on capital efficiency and shareholder returns.
L'Oreal SA is reportedly considering divesting certain chemical-related liabilities. The move, reported by the Wall Street Journal, could streamline the company's operations.
Japanese Prime Minister Sanae Takaichi outlined a new economic plan to parliament. The proposal includes a food tax cut and an investment strategy aimed at stimulating the economy.
The chairman of ConocoPhillips stated that the floor for oil prices is likely increasing to $70 per barrel. This outlook suggests a more robust pricing environment for crude oil, driven by supply and…
OpenAI is reportedly in discussions with United Arab Emirates funds to anchor a new funding round valued at $30 billion. This potential investment underscores the significant capital flowing into…
Australia's national broadcaster ABC has rejected proposals for an AI copyright carveout, expressing belief that its content has already been extensively scraped. The stance highlights ongoing…
KKR & Co. has agreed to acquire Gen II Fund Services in a deal valued at $5.1 billion, including debt. This acquisition marks a significant expansion for KKR in the fund administration sector.