South Korean chip stocks rallied on Tuesday as renewed enthusiasm for artificial intelligence lifted investor sentiment, with Samsung Electronics and SK Hynix leading gains following Anthropic’s public IPO…
Microsoft MSFT is offering voluntary buyouts to about 60,000 employees as the technology giant looks to contain costs and fund its massive investments in artificial intelligence infrastructure.The programme…
HSBC’s share price has been in a steep sell-off over the past few months, mirroring the weakness across other European banks. After peaking at 1,608p in August, the…
IAG’s share price has faced intense turbulence this year as the war between the US and Iran has pushed costs significantly higher. The stock dropped to a low…
Rolls-Royce’s share price is in a bear market, a trend that accelerated after its top competitors published their earnings. The stock plunged to 1,160p on Friday before stabilizing…
Nvidia NVDA plans to invest $3 billion in Meta Platforms as the Facebook parent ramps up its artificial intelligence infrastructure spending.Meta said on Tuesday it had increased its…
US stock futures edged higher on Tuesday as investors prepared for the Federal Reserve’s policy meeting and assessed whether Wall Street’s AI-driven rebound could continue.S&P 500 futures were…
Boeing narrowed its third-quarter net loss as revenue increased and its defense business delivered stronger results.Shares of Boeing (BA) edged up about 1% in premarket trading following the…
Coca-Cola raised its full-year outlook for the third consecutive quarter on Tuesday, betting on resilient demand for zero-sugar sodas and premium beverages.The beverage giant now expects comparable earnings…