Sinking Profits Bring Reality Check to AI-Driven Rally in Emerging Market Stocks
Just as enthusiasm over artificial intelligence and China’s stimulus fades, a familiar weakness has come back to haunt equity investors…
GameStop Shares Surge After Gill Post Shows $116 Million Bet
GameStop Corp. shares more than doubled after the Reddit account that drove the meme-stock mania of 2021 posted what appeared…
Ericsson says U.S. anti-corruption compliance monitoring has ended
Sweden’s Ericsson said on Monday that a four-year programme to monitor the company’s compliance with a U.S. anti-corruption agreement had…
Qatar Airways in talks for Airbus, Boeing order
Qatar Airways is in talks with plane makers Airbus and Boeing for a major wide-body order, its chief executive said…
Oil Swings After OPEC+ Signals Plan to Return Barrels to Market
Oil swung between gains and losses after OPEC+ set out a plan to restore some production as early as October,…
Google to invest $2 billion in data centre and cloud services in Malaysia
Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country,…
Bitcoin Struggles Below $70,000 Ahead of Key Economic Data Release
Bitcoin (BTC) is facing strong resistance near the $70,000 mark since briefly surpassing it on May 28, and has traded…
Nvidia insiders reveal how Jensen Huang wants emails to be written
Jensen Huang’s emails run to no more than six lines, former Nvidia workers told Business Insider. They follow a “TL;DR…
Elon Musk wants xAI to build the world’s most powerful supercomputer using Nvidia chips
Elon Musk is building a supercomputer that he wants running by fall 2025, The Information reported. The “gigafactory of compute”…
Amazon has permission to fly its drones over longer distances
The Federal Aviation Administration (FAA) has given Amazon permission to fly its delivery drones beyond visual line of sight (BVLOS).…