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US Stock Market: Tiger Global trims big tech bets, adds AMD and SpaceX in Q2Tiger Global reshuffled its tech portfolio in Q2, cutting stakes in Alphabet, Nvidia, Microsoft, Amazon, Meta, Broadcom and TSMC while exit...- Tiger Global Management cuts stakes in Big Tech, buys into SpaceXThe hedge fund cut its Alphabet holdings by 45.4% to 5.81 million shares as of June 30 from the end of March, and its Nvidia stake by 6.8...
- Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filingsIn the second quarter, institutional investors made slight reductions in their holdings of prominent tech firms, mainly due to already subs...
- Oil prices rally, US data dents chances of Fed rate hikeGlobal shares declined Friday as markets monitored U.S.-Iran talks and Federal Reserve rate hike expectations. Oil prices rose more than a ...
- US stock: S&P 500 ends lower as investors weigh data, Middle East tensionsThe S&P 500's streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a strong outlo...
- Nvidia’s $500 billion plan envelops Wall Street in its AI frenzyNvidia has unveiled a major financing initiative aimed at supporting artificial intelligence chip acquisitions. By collaborating with promi...
- Goldman in talks with investors on Nvidia financing deal after landing prized roleNvidia announced on August 10 it has partnered with six major financial institutions including Goldman to launch compute platforms aimed at...
- Goldman Sachs taps investors for Nvidia’s $500 billion AI financing pushGoldman Sachs is negotiating with investors for Nvidia's massive AI financing initiative. U.S. insurers and money managers will likely form...
- US stocks: S&P 500 notches record-high close as rate-hike worries easeThe S&P 500 has hit a historic peak, largely influenced by a surge in technology stocks. With producer price inflation showing stability, e...
- Why US stocks are rising: Nasdaq leads Wall Street higher as AI stocks rally, inflation supports Fed pauseUS stock markets rallied on Wednesday, with the Nasdaq taking the lead in gains. Encouraging earnings reports from AI infrastructure compan...
- Banks in talks to lend $15 billion for Anthropic data center backed by Google: WSJBig Tech has been pouring billions of dollars into AI data centers and computing power as demand continues to outstrip supply.
- Samsung Electronics wins $200 billion Broadcom AI chip partnership, boosting foundry pushThe tie-up comes as global technology companies increasingly develop their own custom AI accelerators, rather than relying solely on gener...
- South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with US big techThe partnership includes the long-term supply of $750 billion in memory chips to US companies by SK Hynix and $200 billion in chips by Sams...
- Stocks waver on Wall Street while crude oil prices fall for the first time in a weekStocks saw a mixed close on Wall Street as oil prices declined after a week of gains. Major indexes experienced losses for the week due to ...
- South Korea President Lee looking to open new era of AI in with global tech companiesPresident Lee delivered a keynote address unveiling a "San Francisco AI Declaration" that outlined South Korea's AI ambitions and its visio...
- Nvidia among 6 megacaps that Morningstar says are undervalued. See full listMorningstar sees six megacap stocks as undervalued opportunities. Nvidia's AI GPU systems are expected to drive strong future growth. Micro...
- Chipmakers head for big profit gains, but will it be enough?Chipmaker shares are experiencing significant price swings on Wall Street this month. Investors anticipate these companies will drive much ...
- Global Market: AI chip rally faces valuation test as investors rotate towards hyperscalersAI chipmaker stock rallies are losing momentum as investors reassess valuations. Hyperscaler capital expenditure growth is projected to slo...
- US probes Samsung for alleged infringement of Netlist's memory-chip patentsUS trade regulators have launched a probe into Samsung memory chips. This investigation follows a complaint alleging patent infringement by...
- Apple chasing AI chip company deals, The Information reportsApple is reportedly exploring acquisitions of chip companies to enhance its AI server processors. The tech giant faces performance challeng...
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