The Hang Seng Index continued its strong downward trend this week, reaching its lowest level since June last year. HSI has dropped in the last eight consecutive days…
Gold has dropped below $4,000 an ounce, but Wall Street is not giving up on every corner of the gold trade.Spot bullion slipped to a seven-month low near…
Qualcomm has set out an ambitious growth target for its data centre business, forecasting $15 billion in sales from the segment by 2029 as it accelerates efforts to…
Amazon has announced plans to invest an additional $13 billion in India to expand its artificial intelligence and cloud infrastructure, taking its total planned investment in the country…
A blockbuster earnings report from Micron Technology (NASDAQ: MU) breathed fresh life into the artificial intelligence trade on Thursday, sending semiconductor stocks surging globally and temporarily easing investor…
London’s main FTSE indexes moved higher on Thursday, supported by strong updates from financial and retail companies, while investor attention also turned to renewed takeover interest in easyJet.The…
International Consolidated Airlines Group (IAG) and Rolls-Royce (RR) shares have gone parabolic this month. IAG jumped to 488p, its highest point since 1997, bringing its year-to-date gains to…
Wall Street looked ready to give the AI trade another chance on Thursday, but the recovery came with a warning label. Nasdaq futures jumped after Micron and Qualcomm…
Micron Technology’s latest earnings were not just another strong AI-chip result, but a warning that the next big shortage in artificial intelligence may be hiding in memory.The company…