China e-commerce giants Alibaba, JD.com, Pinduoduo see stock surge after stimulus package
US-listed stocks of Chinese e-commerce companies spiked Tuesday after the country’s central bank announced its first stimulus measures since the…
Elliott to call special shareholder meeting to oust Southwest CEO
Activist investor Elliott Investment Management on Tuesday escalated its boardroom battle with Southwest Airlines, saying it plans to request a…
Intel launches Gaudi 3 accelerator for AI: Slower than Nvidia’s H100 AI GPU, but also cheaper
Intel formally introduced its Gaudi 3 accelerator for AI workloads today. The new processors are slower than Nvidia’s popular H100…
Oil Extends Sharp Drop on Prospect for More Saudi
Oil fell for a second day as Saudi Arabia was reported to be committed to increasing output in December, while…
Dollar Is Close to Erasing 2024 Gains as More Fed Cuts Loom
The US dollar is on the verge of erasing all of its gains this year on bets the Federal Reserve…
Nvidia expected to produce 450,000 Blackwell AI GPUs in Q4 — potential $10B in revenue for the chipmaker
Analysts from Morgan Stanley believe that despite low yields caused by a significant yet easy-to-fix design issue, Nvidia will produce…
5 phones you should buy instead of the Google Pixel 9
Fall has arrived, and the year is inching closer to its end. We now have all of the major phone…
Gold’s hitting new records again. Here’s what it means for the economy
The 2024 monster gold rally is picking up steam. The most actively traded gold futures contract has hit repeated highs…
Boeing gives union more time to vote on an offer that’s getting poor reviews from striking workers
Boeing is giving the union representing striking factory workers more time to consider a revised contract offer with bigger pay…
Forex Flash – Stocks slip as China buoyed by stimulus rally
Forex Flash – Stocks globally slipped on Wednesday, with a continued stimulus-fueled rally in China the one bright spot, while…