Bloomberg

AMD Provides Cautious Outlook Due to Soft Demand for Gaming ChipsAMD Provides Cautious Outlook Due to Soft Demand for Gaming Chips

AMD Provides Cautious Outlook Due to Soft Demand for Gaming Chips

Advanced Micro Devices Inc. (AMD) has given a lukewarm revenue forecast for the current period, citing lackluster demand for chips…

1 year ago
Microsoft’s Investment in OpenAI Driven by Concern Over Google’s DominanceMicrosoft’s Investment in OpenAI Driven by Concern Over Google’s Dominance

Microsoft’s Investment in OpenAI Driven by Concern Over Google’s Dominance

In a recent development in the Justice Department's antitrust case against Google, an internal email from Microsoft Corp. has been…

1 year ago
TD Sets Aside $450 Million in US Money-Laundering InvestigationTD Sets Aside $450 Million in US Money-Laundering Investigation

TD Sets Aside $450 Million in US Money-Laundering Investigation

Toronto-Dominion Bank has set aside $450 million in anticipation of potential fines related to US investigations into its anti-money laundering…

1 year ago
Increased Scrutiny Expected for AI-Connected Stocks Following Amazon’s ResultsIncreased Scrutiny Expected for AI-Connected Stocks Following Amazon’s Results

Increased Scrutiny Expected for AI-Connected Stocks Following Amazon’s Results

Amazon.com Inc. is gearing up for a pivotal moment as it prepares to release its earnings report on Tuesday, which…

1 year ago
Hong Kong Competes with US in Bitcoin ETF Market as Cryptocurrency Makes a ComebackHong Kong Competes with US in Bitcoin ETF Market as Cryptocurrency Makes a Comeback

Hong Kong Competes with US in Bitcoin ETF Market as Cryptocurrency Makes a Comeback

A new era of crypto investment has dawned in Hong Kong as exchange-traded funds (ETFs) directly investing in digital assets…

1 year ago
Kanda of Japan Refuses to Comment on Intervention at this TimeKanda of Japan Refuses to Comment on Intervention at this Time

Kanda of Japan Refuses to Comment on Intervention at this Time

The Japanese government's silence on whether they intervened in the currency market on Monday has left market players guessing and…

1 year ago
Hong Kong Shares Lead Asia Higher as Yen Weakens: Market RecapHong Kong Shares Lead Asia Higher as Yen Weakens: Market Recap

Hong Kong Shares Lead Asia Higher as Yen Weakens: Market Recap

The yen's slide to its weakest level since 1990 has put traders on high alert for potential intervention, as Asian…

1 year ago
US Increases Efforts to Secure Truce in Gaza, Leading to Oil DeclineUS Increases Efforts to Secure Truce in Gaza, Leading to Oil Decline

US Increases Efforts to Secure Truce in Gaza, Leading to Oil Decline

Oil prices slipped on Monday as the United States worked to broker a peace deal between Israel and Hamas, aiming…

1 year ago
Activist Investor Elliott Acquires $1 Billion Stake in Anglo AmericanActivist Investor Elliott Acquires $1 Billion Stake in Anglo American

Activist Investor Elliott Acquires $1 Billion Stake in Anglo American

Elliott Investment Management Makes $1 Billion Bet on Anglo American, Bets Against BHP Group In a bold move, Elliott Investment…

1 year ago
TotalEnergies’ Profit Declines Slightly on Resilient Oil MarketTotalEnergies’ Profit Declines Slightly on Resilient Oil Market

TotalEnergies’ Profit Declines Slightly on Resilient Oil Market

TotalEnergies SE Defies Expectations with Strong First-Quarter Profit Amid Gas Price Slump In a surprising turn of events, TotalEnergies SE…

1 year ago
Microsoft and Google experience growth following increased demand for cloud computing driven by AI technologyMicrosoft and Google experience growth following increased demand for cloud computing driven by AI technology

Microsoft and Google experience growth following increased demand for cloud computing driven by AI technology

Microsoft Corp. and Google owner Alphabet Inc. are reaping the rewards of their investments in artificial intelligence and cloud computing,…

1 year ago
US Treasury Yields Reach Highest Levels Since 2024 as GDP Disappoints Federal Reserve: Market RecapUS Treasury Yields Reach Highest Levels Since 2024 as GDP Disappoints Federal Reserve: Market Recap

US Treasury Yields Reach Highest Levels Since 2024 as GDP Disappoints Federal Reserve: Market Recap

Wall Street was thrown into turmoil as new data revealed a troubling slowdown in the world's largest economy and persistent…

1 year ago
Zuckerberg requests patience from investors following Meta’s AI initiative causing frustrationZuckerberg requests patience from investors following Meta’s AI initiative causing frustration

Zuckerberg requests patience from investors following Meta’s AI initiative causing frustration

Mark Zuckerberg, the CEO of Meta Platforms Inc., is urging investors to remain patient as the company ramps up its…

1 year ago
Meta’s $360 Billion Surge to Meet High AI ExpectationsMeta’s $360 Billion Surge to Meet High AI Expectations

Meta’s $360 Billion Surge to Meet High AI Expectations

Meta Platforms Inc., formerly known as Facebook, has been dominating the social media stock market this year, outperforming its competitors…

1 year ago
Asian Stocks Rise, Australian Dollar Strengthens on CPI Exceeding Expectations: Market SummaryAsian Stocks Rise, Australian Dollar Strengthens on CPI Exceeding Expectations: Market Summary

Asian Stocks Rise, Australian Dollar Strengthens on CPI Exceeding Expectations: Market Summary

Stocks in Asia surged today, buoyed by a US tech rally and positive economic data that reignited hopes for US…

1 year ago