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Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising
Associated Press31d agoneutral
Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising

Asian shares were mostly higher Wednesday following a rally on Wall Street, despite concerns about higher oil prices and inflation. Japan's benchmark Nikkei 225 rose 1.9% to 67,511.12, after the government reported that both imports and exports rose last month from a year earlier, as the weakening yen raised the value of both when converted from dollars to yen. More gains for makers of computer chips and other companies benefiting from the artificial-intelligence boom carried Wall Street higher.

Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports
Reuters31d agoneutral
Samsung in talks to invest in Mistral at 20 billion euro valuation, FT reports

South Korea's Samsung is in talks to invest hundreds of millions of euros in the AI ‌start-up Mistral, as part of a fundraising round that ‌could value the group at roughly €20 billion ($22.81 billion), Financial Times reported on Wednesday, citing ​sources. Samsung could invest about €1 billion in the new round, the report said, adding that Swedish investor EQT’s Scaleup Europe Fund is in talks to back the fundraising round. In April, Samsung said it would ‌considerinvestment and acquisitions where ⁠necessary to accelerate development and commercialisation in robotics, while combining partnering local companies for technology development.

Nvidia supplier Wistron launches $700 million Texas factory for AI system production
Reuters31d agoneutral
Nvidia supplier Wistron launches $700 million Texas factory for AI system production

Taiwan's Wistron, a supplier to Nvidia, launched a $700 million ‌manufacturing facility in Texas on Tuesday to ‌produce the U.S. chipmaker's latest AI systems, as Taiwanese electronics ​makers expand U.S. production to meet soaring demand for AI infrastructure. • The Fort Worth facility manufactures Nvidia's GB300 Grace Blackwell ‌Ultra Superchip. Nvidia ⁠CEO Jensen Huang has described the AI system built around the product as "the ⁠most powerful AI supercomputer in the world."

LG Display Q2 Earnings Call Highlights
MarketBeat31d agoneutral
LG Display Q2 Earnings Call Highlights

LG Display (NYSE:LPL) reported a second-quarter operating loss for fiscal 2026 as seasonal weakness in mobile panels and a one-time workforce restructuring charge offset improved underlying profitability and stronger shipments of medium and large displays. Kim Kyu Dong, vice president in charge of

Goldman Sachs backs surprising non-AI stocks
TheStreet31d agoneutral
Goldman Sachs backs surprising non-AI stocks

For investors who owned artificial intelligence stocks over the past three years, their portfolio has probably done well. But one of Wall Street's most influential banks is now flagging a risk to the AI-heavy positioning that has dominated portfolios. Goldman Sachs released a research note ...

AMD stock gets a new reason to watch from Bank of America
TheStreet31d agoneutral
AMD stock gets a new reason to watch from Bank of America

Advanced Micro Devices (AMD) stock jumped more than 7% Tuesday, July 21, as investors cheered the chipmaker's latest AI infrastructure push and looked ahead to its key AI event. On Monday, July 20, AMD introduced Helios, its first rack-scale AI system, which is expected to begin shipping later this ...

Adobe's rating cut to underweight as CEO search drags on
TheStreet31d agoneutral
Adobe's rating cut to underweight as CEO search drags on

Morgan Stanley downgraded Adobe to underweight from equal weight on Tuesday, July 21, slashing its price target to $240 from $365, according to Seeking Alpha. The move landed one day after CLSA initiated coverage of Adobe with an outperform rating and a $300 target, according to Investing.com. Two ...

Bloomberg31d agoneutral
High-Risk Bets That Burned Korean Traders Are Making a Comeback

(Bloomberg) -- South Korea’s risk-loving retail investors are flocking to a leveraged instrument that has inflicted severe losses in the past, adding to concerns about abrupt unwinding of wagers as the stock market gyrates.Most Read from BloombergApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Sets 100% Tariff on Generic Drugs With Two-Year DelayTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Res

Nikkei Rises 1.3%, Led by Chip, Metals Stocks
The Wall Street Journal32d agoneutral
Nikkei Rises 1.3%, Led by Chip, Metals Stocks

0013 GMT — Japanese stocks are higher following a recovery in U.S. technology stocks overnight. Tokyo Electron is up 4.3%, SoftBank Group is 3.7% higher and JX Advanced Metals is up 4.1%. The dollar is at 163.15 yen, up from Y162.52 as of Tuesday’s Tokyo stock market close.

AMC just silenced the doubters with one quarter
TheStreet32d agoneutral
AMC just silenced the doubters with one quarter

Wall Street has a short memory for companies it has already written off. Once a stock gets labeled a lost cause, the label tends to outlive the facts, because updating a story takes more effort than repeating one. Movie theaters have worn that label since 2020. The industry lost most of its ...

3M finds a surprising role in the AI data-center boom
TheStreet32d agoneutral
3M finds a surprising role in the AI data-center boom

3M (MMM) raised its 2026 profit forecast on July 21, as stronger demand and price increases helped its safety and industrial business post a better second quarter. The company reported adjusted earnings of $2.40 a share on sales of $6.5 billion. It now expects full-year adjusted earnings of $8.80 ...

Capital One Financial Q2 Earnings Call Highlights
MarketBeat32d agoneutral
Capital One Financial Q2 Earnings Call Highlights

Capital One Financial (NYSE:COF) reported second-quarter 2026 earnings of $3 billion, or $4.73 per diluted common share, as management said the company continued to generate top-line growth while advancing its Discover integration and adding Brex to its domestic card business. Chief Financial Offic

Mark Cuban has strong words on income and inequality
TheStreet32d agoneutral
Mark Cuban has strong words on income and inequality

Juan Hernandez joined SpaceX in 2015 as a welder making $28 an hour. The company offered him $10,000 in stock alongside his wages. He accepted without giving it much thought. He'd never been offered equity at any job before and didn't really know what to do with it. When SpaceX went public this ...