Asian shares edge up on Nvidia hopes
Asian shares rose on Wednesday as investors awaited strong earnings from chipmaker Nvidia and monitored interest…
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Nvidia
European stocks slide amid Fed caution
European stocks edged lower on Tuesday, mirroring losses in Asian markets as US Federal Reserve officials urged…
SoftBank’s Arm to develop AI chips by 2025
Arm, a subsidiary of SoftBank Group, is venturing into the development of artificial intelligence (AI) chips with…
Taiwan’s exports rise 4.3% in April Y-Y
Taiwan's exports in April grew slower than expected, with a significant drop in demand from China overshadowing a…
Asian stocks climb, eyes turn to Fed data
Asian stocks continued their upward trajectory on Tuesday, gaining 0.8 per cent, fueled by gains on Wall Street and…
SoftBank to inject $960m into Japan’s AI development race
SoftBank is investing $960 million by 2025 to enhance its computing capabilities and become a leader in generative…
SK Hynix plans $4b investment in Indiana
South Korean SK Hynix, a supplier to Nvidia, is planning to invest around $4 billion in a new chip packaging…
Wall St’s AI surge defies inflation woes
AI-fueled Wall Street's stocks surged to record highs, despite US inflation not meeting expectations and a rise in…
Aramco’s ’23 profit drops to $121b
Aramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its record high of $161…
Bitcoin soars $60k on FOMO-fuelled rally
Bitcoin surged on Wednesday, nearing $60,000 in its fifth day of gains fueled by investments in new US spot bitcoin…