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CHIPMAKER STOCKS SURGE
AMD becomes latest chipmaker to reach $1 trillion valuation on AI demandAdvanced Micro Devices soared past $1 trillion in market capitalisation for the first time on Monday, joining a small group of chipmakers t...
US stocks: US stocks rise as AI stocks rally, oil tumbles over 3% on Middle East hopesWall Street indexes climbed on Monday, propelled by a surge in artificial intelligence stocks. Easing Treasury yields and declining crude o...
Global Market: China, Hong Kong stocks rise as investors await Trump-Xi meetingChina and Hong Kong stocks rose on Monday led by technology, healthcare, and property shares. Investors parsed high-level talks between US ...
Global Market: China stocks rally 1% as Trump-Xi meeting raises trade hopesChina’s stock markets rose strongly as investors anticipated progress in upcoming US-China trade talks between Donald Trump and Xi Jinping....
US stocks today: US stocks rebound as tech rally gains momentum on easing oil, yieldsUS stocks rebounded sharply on Thursday, led by technology shares as easing oil prices and lower Treasury yields offered relief after the F...
SK Hynix in talks with Intel about deal to make memory chips in the US for the first time, sources sayUnder one potential scenario, SK Hynix would lease part of Intel's long-planned chipmaking facility in Ohio, they said. Under another scena...
Global Market Today: Asian stocks steady as traders await Fed decisionMSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian markets reversed morning gains to plunge over 1% on Tuesday as surging oil prices, rising bond yields, global uncertainty and foreig...
AI’s trillion-dollar question: What happens if the boom slows?AI leaders urge a slowdown in advanced model development for safety measures. This call has caused significant market reactions and stock p...
US 10-year yields reach 5%, highest since October 2023The rise of U.S. Treasury yields over five percent indicates expectations for a longer period of elevated interest rates. This trend comes ...
Global Market: Tencent-backed Enflame soars 200% in blockbuster Shanghai IPO debutTencent-backed Shanghai Enflame Technology surged nearly 200% in its Shanghai debut after raising $912 million through its IPO. Strong inve...
Global Market: China, Hong Kong stocks fall as rate hike fears weigh on sentimentChina and Hong Kong stocks fell on Friday, with the CSI300 and Hang Seng heading for weekly losses amid thin trading volumes, weaker liquid...
US stocks today: US stocks end lower as rising oil, Treasury yields lift Fed hike betsUS stocks fell as Brent crude surged 6% to $107 a barrel and Treasury yields climbed to multi-year highs. Rising energy prices and producer...
Global Market: Samsung, SK Hynix payouts put South Korea’s corporate reform to the testSamsung Electronics and SK Hynix’s massive shareholder-return plans are putting South Korea’s efforts to narrow the “Korea discount” While ...
Qualcomm-Amazon AI deal: Why the chipmaker’s stock surgedQualcomm’s long-term Amazon partnership could generate up to $60 billion in chip purchases, expanding its AI data-centre ambitions. The dea...
Global Market: Kospi extends winning streak to four sessions as Samsung, SK Hynix rallySouth Korean stocks surged nearly 2%, with the Kospi reaching a three-week high, driven by semiconductor gains as concerns over AI investme...
Global Market: South Korean stocks surge nearly 3% as AI chip optimism lifts Samsung, SK HynixSouth Korean shares surged nearly 3% on Monday, led by Samsung Electronics and SK Hynix, as optimism over sustained AI investment and stron...