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US stocks today: Nasdaq slides over 1% as Alphabet's AI spending revives investor concernsThe Nasdaq Composite dropped over 1% as Alphabet reported disappointing advertising results. The downturn was worsened by software stocks, ...
UK's IQE swings to first-half profit and sees more AI data centre upsideBritish chip maker IQE reported a first-half profit, supported by strong AI demand. The company maintained its annual outlook, exceeding ea...
Global Market: China, Hong Kong stocks rise as AI rebound boosts investor sentimentOn Wednesday, stocks in China and Hong Kong surged, reflecting a favourable global market environment. Technology and artificial intelligen...
Global Market: China stocks rise on AI optimism; Hong Kong shares mostly flatChinese mainland stocks advanced, led by optical communications and technology shares, as strong AI demand forecasts boosted sentiment. Hon...
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...
Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devicesShares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese da...
Donald Trump administration weighs ban on Chinese AI data centre gear importsThe Trump administration is drafting a ban on new Chinese data center component imports. This measure aims to protect critical infrastructu...
US stocks: S&P 500, Dow hit record highs on strong AI-linked earnings, Mideast deal hopesWall Street's S&P 500 index reached a new intraday record high on Tuesday. Upbeat artificial intelligence forecasts from Caterpillar and Pa...
Trump administration drafting ban on Chinese data center devices, sources sayThe Trump administration is drafting a ban on new Chinese data center component imports. This measure aims to protect critical infrastructu...
Nvidia stock price today surges: Why NVDA jumps after $2 billion Marvell deal sparking massive AI growth buzzNvidia Stock Price: Nvidia shares saw a significant jump after announcing a substantial $2 billion investment in Marvell Technology. This s...
Nvidia CEO Huang starts keynote at AI megaconference GTCShares of Nvidia - the world's most valuable listed company with a market capitalization of more than $4.3 trillion - were up 2.4% on Monda...
Nvidia CEO to showcase next-gen AI chip Feynman at developer megaconference GTCNvidia CEO Jensen Huang will unveil the new AI chip Feynman at the company's developer conference. The event will also focus on Groq techno...
Nvidia to invest $2 billion each in Lumentum, Coherent to bolster AI processorsNvidia is investing $2 billion each in Lumentum and Coherent. This move aims to enhance Nvidia's data centre chips. The company seeks techn...
Several Indian-origin persons charged in insider trading cases in USIn another action, the SEC alleges insider trading by investment banker Brijesh Goel, 37 and his friend Akshay Niranjan, 33, both of New Yo...
Gold eases as dollar steals safe-haven thunderSpot gold edged 0.1 per cent lower to $1,276.02 per ounce at 0106 GMT.
Apple has a Plan B as iPhone demand peaks; Many suppliers don'tIf demand for newer, pricier iPhones wanes, Apple can cut component orders, or delay shipments, leaving suppliers with more inventory.
Nikkei dragged down by weaker Wall Street; tech shares hitWeighing on the tech-heavy Nasdaq, Apple shares fell 5.0 per cent on Monday.