Global Market Today: Asian stocks slide as US chip selloff deepensThe MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a thre...
South Korean shares rebound as strong exports spur dip-buyingSouth Korean shares rose after early losses due to strong export data that improved investor sentiment. Exports from South Korea nearly dou...
McDonald’s supersizes its north and east India bet to $80 million, even as rising costs squeeze profitMcDonald's India is increasing its investment to approximately $80 million for growth and digitisation over the next two years. Surge in co...
Skydance bets big on AI-driven contentParamount Skydance has completed its acquisition of Warner Bros Discovery for $110 billion. The company plans to focus on reducing costs th...
Tech under pressure on AI jitters, dollar slips: Markets wrapSouth Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest clos...
Could Iran target the Gulf’s digital backbone? The risks to data centres and internet cables explainedIran's warning raises concerns about the vulnerability of Gulf data centres and digital infrastructure to potential attacks. Recent escalat...
Nvidia soars near $6 trillion market cap with stock back at highNvidia has witnessed a remarkable surge in its stock price, propelled by a promising revenue forecast and a robust buyback initiative. The ...
Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
Palmonas' offline push; IndiaAI's GPU crunchHappy Thursday! Demi-fine jewellery brand Palmonas is betting on offline stores, cofounder Pallavi Mohadikar said. This and more in today’s...
BE share price: Bloom Energy Corp stock rises over 12 per cent, shares near USD 300U.S. Stock market today: Dow Jones Industrial Average fell 279.70 points, or 0.54%, to 51,201.81; the S&P 500 lost 16.48 points, or 0.21%, ...
US stocks: US market slips as rising Treasury yields offset AI-driven tech gainsUS stock indices fell as increasing government bond yields weakened investor sentiment across the market. The Dow Jones Industrial Average,...
OpenAI says SEC disclosures undermine xAI's antitrust lawsuitChatGPT maker OpenAI asked a Texas federal judge to throw out an antitrust lawsuit brought by Elon Musk's AI startup xAI before trial, argu...
India’s smartphone business may have lost an old festive-season weaponIndia's smartphone market faces challenges this festive season as rising memory costs lead to higher device prices. Major brands are alread...
View: The US is badly losing its trade war with ChinaXi Jinping's upcoming visit marks the first Chinese state visit to the United States since 2015. US-China trade policies initiated in 2018 ...
Nvidia's stock is flashing a warning sign as valuation dropsNvidia Corp's stock currently trades at less than 17 times its projected profit for the upcoming year, marking a notable decline from earli...
Xi Jinping unlikely to bring CEOs to summit where Trump seeks dealsUS President Donald Trump is preparing to host China's President Xi Jinping for an upcoming summit in Washington. The Chinese leader is not...
Global AI trade roars back as Meta’s personal agent fuels optimismGlobal AI stocks and chipmakers rallied following the strong debut of Meta's Muse AI agent. The surge boosted semiconductor shares like Sam...