US stocks rose on Wednesday as Treasury yields eased from recent multiyear highs, allowing the major indexes to recover part of their losses from a three-day losing streak.…
Samsung Electronics and SK Hynix shares rebounded on Thursday after Dell Technologies provided evidence that demand for AI infrastructure remains strong.Samsung rose 1.2% to 253,500 won in early…
Dell Technologies (NYSE: DELL) delivered one of its strongest quarters on record, but one financial line moved sharply in the opposite direction.Revenue jumped 58% to $47 billion and…
Asian stocks recovered on Thursday as a pause in the global bond selloff brought buyers back to South Korea and Japan, although the rebound remained cautious ahead of…
Jim Cramer thinks Nvidia should make a bigger bet on its own shares.The CNBC host has urged the chipmaker to launch a $500 billion stock-buyback programme, arguing that…
Broadcom more than tripled its AI semiconductor revenue and investors responded by selling the stock.The chipmaker reported $16.7 billion of AI revenue, up 221% from a year earlier…
Hewlett Packard Enterprise raised its annual forecasts on Wednesday after delivering a stronger-than-expected July quarter, as accelerating demand for artificial intelligence infrastructure lifted server and networking sales.However, shares…
Chinese artificial intelligence start-up Moonshot AI has taken a major step towards the public markets, confidentially filing for a Hong Kong initial public offering that could raise about…
Snowflake stock (NYSE: SNOW) investors were expecting a strong quarter, but they received something considerably better.Shares jumped about 22% to $378.80 in Thursday premarket trading after the cloud-data…