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Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut interest rates next week, which could boost economic…
A strong pipeline of high-profile IPOs by companies in China and India looking to tap into a move by investors to diversify bets will bolster Asian equity capital deals next year, although…
House Speaker Mike Johnson is imploring his fellow Republicans to stop venting their frustrations in public and bring their complaints to him directly. Source link
Earlier this year, WIRED said that AMD CEO Lisa Su was “out for Nvidia’s blood.” The American chipmaker is still small compared to the juggernaut that is Nvidia—their market caps are $353…
Over the past 16 years, its shares have delivered a total return higher than that of STI, CDL, Hongkong Land and UOL shares The offeror for Low Keng Huat (Singapore), or LKHS, stated a…
ISS shares slumped in Copenhagen amid concerns over the Danish company’s role in the renovation of a Hong Kong apartment fire where a deadly fire broke out on Nov 26. The stock slid as…
In 2017, fresh off a PhD on theoretical chemistry, John Jumper heard rumors that Google DeepMind had moved on from game-playing AI to a secret project to predict the structures of…
The bulls say the AI boom is unlike the dotcom boom in that the main players this time are extremely profitable giants such as Microsoft, Alphabet, Amazon and Meta WITH growing concerns…
A federal judge ruled Thursday that police in the nation's capital illegally seized a gun from a man they stopped outside a laundromat, blasting the officers' account as unreliable and…
Nvidia CEO Jensen Huang didn’t need any prompting on Wednesday to address the elephant in the room. “There's been a lot of talk about an AI bubble,” he said on an earnings call before…
THE US central bank’s top banking regulator on Tuesday defended efforts to revamp oversight of the sector, as she faces warnings that weakened supervision could destabilise the financial…
Roblox, a popular gaming platform that’s faced growing scrutiny over child safety concerns, said Tuesday it will require users to verify their age if they want to chat with other players.…
A potential merger between Netflix and Warner Bros. Discovery is setting off antitrust alarm bells in Washington. Source link
Wall Street’s main indexes fell at the open on Tuesday (Nov 18), as concerns over lofty equity valuations and dimming chances of an interest rate cut from the Federal Reserve weighed on…
ASIAN markets sank on Friday, tracking a selloff on Wall Street as worries over next month’s Federal Reserve interest rate decision and persistent speculation about a tech bubble dampened…
California plans to revoke 17,000 commercial driver's licenses given to immigrants after the Trump administration raised concerns about people in the country illegally receiving licenses…
OIL steadied as traders weighed concerns about a glut and fallout from US sanctions against Russia at the start of a data-heavy week. Global benchmark Brent traded above US$63 a barrel…
The telco says the merged entity’s wholesale market dominance threatens fair competition and consumer choice Mobile network operator Circles.Life has raised concerns over the proposed deal…
Wall Street’s main indexes opened lower on Friday (Nov 7), and were set for sharp weekly declines, as concerns about the economy and towering valuations in the technology sector soured…
WALL Street’s three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft shares tumbled on worries over surging AI spending,…
MICROSOFT’S spending on artificial intelligence infrastructure soared to a record of nearly US$35 billion in the September quarter, deepening investor concerns about the mounting costs of…
The company has not publicly acknowledged that the accidents involved its electric vehicles Shares of Chinese electric vehicle (EV) maker Xiaomi suffered their biggest weekly loss in more…
Fear over credit quality in U.S. regional banks rippled through markets on Friday, dragging global financial stocks lower and reviving memories of the crisis of confidence that shook…
Salesforce shares jumped more than 6 per cent in premarket trading on Thursday (Oct 16). This is after the company forecasted faster revenue growth in the coming years, easing concerns…
