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…
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…
Forex Flash – Meta Connect 2024 live updates: Time to see the new Quest, Ray-Ban smart glasses and metaverse AI
Forex Flash – It’s been a year since Meta launched the Quest 3, its first major attempt at integrating mixed…
Forex Flash – Bitcoin Pushes Past $64K as Monetary Ease Expectations Grow
Forex Flash – China overnight joined in what’s now a near global monetary easing campaign by the major economies. Bitcoin took…
On US visit, Dutch politician talks importance of ASML, China trade
On a visit to Washington, the Netherlands’ economy minister on Monday underlined the importance of China as a trading partner…
Toyota Raises Buyback to ¥1.2 Trillion, Citing Share Levels
Toyota Motor Corp. bumped up the size of its share buyback to ¥1.2 trillion ($8.3 billion) as the world’s largest…
Boeing just put out its ‘final and best’ offer to striking workers: a 30% wage hike and a $6,000 bonus
Boeing is offering a 30% wage hike to its employees in a new proposal. Workers started striking on September 13…
Oil prices climb on fresh China stimulus, Middle East tensions
Oil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that tensions in the…
Samsung plans to invest $1.8 billion more in Vietnam for OLED manufacturing
South Korea’s Samsung Display Co plans to invest $1.8 billion for a factory in northern Vietnam to produce OLED displays…