Gold Holds Gain as US Inflation Data Boosts Rate-Cut Optimism
Gold advanced after a surprise slowdown in US inflation revived expectations for Federal Reserve rate cuts this year. Bullion traded…
Exclusive-Meta warns India antitrust ruling could force roll back of features, hurt business
Meta may have to “roll back or pause” some features in India due to an antitrust directive which banned its…
Oil steadies near $80 as IEA sees smaller surplus this year
Oil was little changed near $80 a barrel, as the impact of US sanctions against Russian flows continued to reverberate…
Intel to spin off its venture capital arm
Chipmaker Intel Corp said on Tuesday that it will separate its venture capital and investment arm, Intel Capital, into a…
MicroStrategy Buys 2,530 Bitcoin for $243 Million, Bringing Total Holdings to Over 450,000 BTC
MicroStrategy has now surpassed 450,000 Bitcoin, worth around $40 billion, after purchasing an additional 2,530 BTC for $243 million between…
Stock market today: Asian markets are mixed, echoing trading on Wall Street
Asian shares were mixed Tuesday, echoing trading on Wall Street, where gains for oil and gas producers helped offset drops…
Nvidia’s biggest customers delaying orders of latest AI racks
Nvidia’s top customers are delaying orders of the AI chip leader’s latest ‘Blackwell’ racks due to overheating issues, the Information…
Oil Hits Four-Month High as US Sanctions on Russia Sow Confusion
Oil rallied to the highest level in more than four months as a fresh wave of US sanctions against Russia’s…
Stocks and Bonds Retreat on Fed Rate-Cut Outlook: Markets Wrap
European stocks and US equity futures dropped as traders trimmed bets on Federal Reserve interest-rate cuts after Friday’s payroll data.…
Porsche’s 2024 China sales fall by 28%
German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in…