Wall St rebounds as easing Treasury yields boost megacap stocks NEW YORK: Wall Street’s main indexes gained on Friday as a slide in longer-dated Treasury yields boosted megacap... Published 11 Nov, 2023 06:30am
Markets Wall St rallies over 1pc on bets of peak US interest rates NEW YORK: Wall Street’s main stock indexes rallied on Thursday on hopes that the US Federal Reserve had reached ... Published 03 Nov, 2023 06:11am
Markets Wall St wavers ahead of Fed decision NEW YORK: Wall Street’s main indexes struggled for direction on Tuesday as investors awaited the outcome of the... Published 01 Nov, 2023 05:57am
Markets Nasdaq jumps over 1pc as Amazon, Intel updates lift megacaps NEW YORK: The Nasdaq outperformed peers on Friday as robust updates from Amazon.com and Intel lifted beaten-down... Updated 28 Oct, 2023 06:34am
Technology Tech giants Foxconn, Nvidia announce they are building ‘AI factories’ TAIPEI: Taiwanese tech giant Foxconn and US hardware leader Nvidia said Wednesday they would team up to create “AI... Published 18 Oct, 2023 11:45am
Markets S&P 500, Nasdaq down BENGALURU: The S&P 500 and the Nasdaq fell on Friday, as a decline in megacap stocks overshadowed upbeat... Published 14 Oct, 2023 05:32am
Markets Nasdaq rises on boost from growth stocks NEW YORK: The Nasdaq rose on Monday, boosted by gains in growth stocks as investors awaited commentary from more... Published 03 Oct, 2023 06:02am
Markets Nasdaq, S&P hit 1-month lows as rate worries lift yields NEW YORK: The S&P 500 and the Nasdaq dropped to a more than one-month low on Thursday as a jump in Treasury... Published 22 Sep, 2023 03:33am
Markets Wall St rises as strong data fails to dent rate-pause hopes NEW YORK: Wall Street’s main indexes rose on Thursday as hotter-than-expected economic data failed to erode... Published 15 Sep, 2023 06:32am
Markets Wall St gains as weak job openings data fuels hopes of rate-hike pause NEW YORK: Wall Street’s main indexes rose on Tuesday, lifted by growth stocks such as Tesla and Alphabet after a... Published 30 Aug, 2023 03:33am
Business & Finance Nvidia bets $25bn that AI boom is far from over NEW YORK: Nvidia’s CEO Jensen Huang said he expects the artificial intelligence boom will last well into next year... Published 28 Aug, 2023 06:27am
Markets Wall St falls as Nvidia boost fades NEW YORK: Wall Street’s main indexes fell on Thursday, as an initial boost from Nvidia’s stellar forecast ... Published 25 Aug, 2023 06:34am
Business & Finance Apple and Samsung to invest in SoftBank’s Arm at IPO TOKYO: Apple and Samsung Electronics will invest in SoftBank Group -owned chip designer Arm at its initial public... Published 15 Aug, 2023 06:30am
Business & Finance Nvidia ‘extremely likely’ to invest in Europe SANTA CLARA (United States): The CEO of Nvidia on Friday said that the world’s most valuable chipmaker is... Published 03 Jul, 2023 06:04am
World Amazon’s cloud unit is considering AMD’s new AI chips SAN FRANCISCO: Amazon Web Services , the world’s largest cloud computing provider, is considering using new... Published 14 Jun, 2023 09:14am
Markets Nasdaq boosted by Nvidia, cautious on debt deal NEW YORK: The Nasdaq led gains among Wall Street’s main indexes on Tuesday, boosted by shares of Nvidia, amid... Published 31 May, 2023 03:57am
Business & Finance Nvidia tops $1trn in market value on Wall Street NEW YORK: Chip company Nvidia exceeded $1 trillion in market value Tuesday as Wall Street stocks mostly rose,... Published 31 May, 2023 03:56am
Markets S&P, Nasdaq decline as recession worries mount NEW YORK: The S&P 500 and the Nasdaq fell on Wednesday as a slew of weak economic data deepened worries that the... Published 06 Apr, 2023 06:20am
Markets Upbeat corporate guidance lifts European shares PARIS: European shares inched higher on Thursday, after two straight sessions of declines, supported by financial... Published 24 Feb, 2023 06:00am
Markets Wall Street Week Ahead: Last year’s laggards lead US stocks’ 2023 rebound, for now NEW YORK: US stocks that took a beating last year are surging in the early weeks of 2023, leading markets higher.... Published 13 Feb, 2023 05:57am
Markets Wall Street losses limited as Amazon gains on upbeat Cyber Monday NEW YORK: Wall Street’s main indexes fell on Monday amid worries about protests in major Chinese cities against... Published 29 Nov, 2022 05:57am
Business & Finance Siemens and Nvidia collaborate to expand digital services ZURICH: Siemens has signed a partnership agreement with chip designer Nvidia Corp to create an industrial metaverse... Published 29 Jun, 2022 08:16pm
Business & Finance SoftBank reports record loss as tech shares tank TOKYO: Japanese investment giant SoftBank Group on Thursday logged a record annual net loss after a bruising year... Published 16 May, 2022 05:42am
Markets Some investors turn cautious on Big Tech as Fed hikes loom NEW YORK: Apple’s rally to a $3 trillion market valuation earlier this week has re-focused investors’ attention... Published 09 May, 2022 05:39am
Technology Graphic chip price drop raises questions on whether end of shortage is in sight A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has... Published 25 Apr, 2022 11:12pm
Markets Wall St rises as recovery in growth stocks offsets mixed earnings U.S. shares rose on Wednesday as a rebound in growth stocks on falling yields and strong results from Delta Air... Published 13 Apr, 2022 11:37pm
Markets Nasdaq slides 1pc as surging yields hit growth stocks NEW YORK: The Nasdaq fell more than 1% on Monday, leading Wall Street’s main indexes lower, as rising bond yields... Published 12 Apr, 2022 05:17am
Markets Wall Street drops on rate fears, Ukraine tension Wall Street stocks fell sharply on Friday for the second straight day, as investors fretted about potential steep... Published 12 Feb, 2022 12:57am
Business & Finance SoftBank's sale of chip group Arm scrapped over regulator challenges TOKYO: Japan's SoftBank confirmed Tuesday the collapse of a $40 billion deal to sell chip business Arm to Nvidia... Published 08 Feb, 2022 12:50pm
Technology Apple becomes first U.S. company to hit $3 trillion market value Apple Inc on Monday became the first U.S. company to hit $3 trillion in market capitalization, thanks to investor... Published 04 Jan, 2022 12:45am