Nvidia refocuses TSMC capacity as export controls stall China sales, FT reports Published 05 Mar, 2026 10:50am Nvidia has stopped production of chips intended for the Chinese market
Yen hits two-week low against dollar Published 26 Feb, 2026 04:57am NEW YORK: The Japanese yen reached a two-week low against the US dollar on Wednesday after the Japanese government...
Wall Street Week Ahead: Nvidia, software reports pose next tests for AI-sensitive stock market Published 23 Feb, 2026 03:58am NEW YORK: Investors turn to financial results from artificial intelligence bellwether Nvidia Corp in the coming week...
Wall Street Week Ahead: Nvidia results in focus as stock market’s election boost stalls Published 18 Nov, 2024 02:54am NEW YORK: Nvidia Corp’s results in the coming week could guide the US stock market on its next path, as investors...
Cerebras Systems signs $100mn AI supercomputer deal with UAE’s G42 Published 21 Jul, 2023 09:47am Cerebras Systems on Thursday said that it has signed an approximately $100 million deal to deliver the first of what...
S&P 500 ends lower as Microsoft recedes from record high Published 19 Jun, 2023 06:55am NEW YORK: The S&P 500 ended lower on Friday, weighed down by Microsoft and other market heavyweights as comments...
Nvidia joins trillion dollar club on booming AI demand Published 30 May, 2023 08:22pm Nvidia Corp on Tuesday became the first chipmaker to hit a trillion-dollar market value, as the company bets on a...
Nasdaq jumps over 1pc as Nvidia forecast sparks rally Published 26 May, 2023 06:48am NEW YORK: The tech-heavy Nasdaq rose more than 1 percent on Thursday as Nvidia shares soared on a blowout forecast...
Markets struggle on German recession, US debt woes Updated 25 May, 2023 05:38pm LONDON: Global stock markets struggled Thursday following news that Europe’s biggest economy Germany has entered...
Nasdaq jumps as growth stocks back in play Published 19 May, 2023 06:17am NEW YORK: The Nasdaq and the S&P 500 rose on Thursday as investors shifted into high-growth stocks amid optimism...
Wall St falls as rate worries outweigh Nvidia cheer Published 24 Feb, 2023 06:00am NEW YORK: US stock indexes slipped on Thursday as investors worried that a resilient economy would give the Federal...
Wall Street soars as cooling inflation spurs bets of smaller rate hikes Published 11 Nov, 2022 05:54am NEW YORK: Wall Street’s main indexes rallied on Thursday, with the tech-heavy Nasdaq leading gains, after data...
Wall St steady after selloff on jobs data, Nvidia weighs Published 09 Aug, 2022 03:37am NEW YORK: US stock indexes treaded water on Monday after last week’s blockbuster jobs data soothed some fears ...
Nvidia warns of lower second-quarter revenue on gaming weakness Published 08 Aug, 2022 11:43pm Nvidia Corp on Monday warned its second-quarter revenue would drop by 19% from the prior quarter on weakness in its...
Global firms warn of sluggish China demand due to lengthy Covid curbs Published 27 May, 2022 05:50am HONG KONG: Two months into harsh COVID-19 lockdowns that have choked global supply chains, China’s economy is...
Wall Street climbs on gains in banks, strong retail sales data Published 18 May, 2022 05:54am NEW YORK: US stocks rose on Tuesday, as Citigroup led a surge in bank shares after Berkshire Hathaway revealed a big...
Wall Street falls as growth stocks, glum China data weigh Published 17 May, 2022 05:39am NEW YORK: Wall Street’s main indexes fell on Monday as downbeat China data added to worries about a global ...
Wall Street rallies as growth stocks rebound; Twitter slides Published 14 May, 2022 04:05am NEW YORK: Growth stocks led a rebound in Wall Street’s main indexes on Friday in a week marred by worries about ...
Wall St rises as recovery in growth stocks offsets mixed earnings Published 14 Apr, 2022 04:55am NEW YORK: US shares rose on Wednesday as a rebound in growth stocks on falling yields and strong results from Delta...
Wall Street hits record but Facebook weighs Published 27 Oct, 2021 01:13am NEW YORK: US stock indexes closed modestly higher on Tuesday, with the Dow Industrials and S&P 500 hitting fresh...
Monday’s early trade: Nasdaq jumps to all-time high Published 29 Jun, 2021 03:24am • Boeing falls on possible delay in 777X certification NEW YORK: The Nasdaq jumped to an all-time high on Monday,...
Tesla lifts Nasdaq to record-high, S&P dips Published 25 Jun, 2021 04:20am • Retail darlings Alfi, Torchlight extend declines NEW YORK: The Nasdaq climbed to a record-high close on...
Wall Street inches higher as weekly jobless claims dip Published 27 May, 2021 11:10pm The number of Americans filing new claims for jobless benefits stayed below 500,000 for a third straight week, the lowest level since March 2020.
Alibaba facial recognition tech specifically picks out Uighur minority Published 18 Dec, 2020 10:22am "We have eliminated any ethnic tag in our product offering," an Alibaba spokeswoman told Reuters.
US Defence Department looks to bolster domestic chip manufacture with new program Published 18 Dec, 2020 10:15am The foundries would handle commercial work from US companies and could also provide components to the Defence Department, it said.
SoftBank reaps $11.2 billion gain from DoorDash investment Published 10 Dec, 2020 11:22am SoftBank has had other investment wins of late, including a rally in the shares of ride-hailing app Uber Technologies Inc , where it is a top shareholder, and the sale of semiconductor manufacturer Arm Ltd to Nvidia Corp for $40 billion.