According to a government statement on Wednesday, China will address the risks of imbalances and fragmentation as it works to upgrade its industrial sector through the…
Browsing: Finance and Investing
Asian shares rose on Friday and were poised for a solid end to August. Meanwhile, the dollar faced its worst monthly performance in nine months, as…
Shares of Trump Media & Technology Group hit record lows on Tuesday after Donald Trump returned to rival platform X. Trump Media shares fell to $21.33,…
AMD announced plans to acquire ZT Systems for $4.9 billion to expand its AI chips portfolio and compete with Nvidia. AMD plans to fund 75% of…
Britain’s Revolut, valued at $45 billion through a share sale, surpasses some of Europe’s largest banks, the firm announced Friday. Revolut stated that Coatue, D1 Capital…
On Wednesday, Wall Street’s indexes were mixed as Alphabet fell, but moderating inflation kept hopes alive for a modest Fed rate cut. After a report, Google’s…
Apple supplier Foxconn exceeded expectations with a 6% profit rise, driven by AI server demand, affirming strong full-year growth. The world’s largest electronics maker anticipates strong…
U.S. producer prices rose less than expected in July, as service costs dropped, reinforcing hopes for an interest rate cut.The Labor Department report showed moderating inflation,…
U.S. stocks reached a two-week high Tuesday as softer producer prices fueled expectations of a September Federal Reserve rate cut.Megacap and growth stocks, led by Nvidia’s…
Wall Street’s indexes fluctuated amid recession fears and a yen surge, capping off a volatile week in global marketsAll major indexes faced weekly losses, with the…