The artificial intelligence boom is reshaping the economics of the semiconductor industry, delivering windfall profits for memory-chip makers while giving workers greater leverage to demand a larger share…
US stock futures pointed higher on Friday as investors positioned for the August CPI report, the final major inflation test before next week’s Federal Reserve meeting.Dow futures rose…
The FTSE 100 rose on Friday, snapping a five-session losing streak as oil prices retreated and stronger UK growth data improved sentiment towards domestic stocks.The blue-chip index gained…
A self-reinforcing cycle is accelerating across the artificial intelligence sector.Smarter AI models require increasingly huge amounts of training compute and the rising consumer and enterprise adoption of agentic…
SpaceX has landed another enormous AI customer, forcing investors to rethink what kind of company they are valuing.CFO Bret Johnsen said at Goldman Sachs’ Communacopia + Technology Conference…
Apple unveiled its iPhone 18 Pro models and foldable iPhone Duo as part of its annual product launch, with the new devices carrying higher prices.Brent crude prices climbed…
US stocks fell for a third straight session on Wednesday as rising oil prices and Treasury yields added to investor concerns over inflation and the Federal Reserve’s interest-rate…
Samsung Electronics stock fell on Thursday after Apple finally entered a smartphone category Samsung has spent seven years developing.Apple unveiled its first foldable iPhone, the $1,999 iPhone Duo,…
The Nikkei 225 and Topix dropped a bit on Thursday as investors focused on the rising oil prices and Japan bond market. The blue-chip Nikkei dropped to 64,717…