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Investors are looking forward to another week of chip stock reveals. Qualcomm is expected to give more details about its contract with a major data-center customer at its investor conference. Micron, the latest trillion-dollar semiconductor company, reports earnings.
June 22 (Reuters) - European shares were muted at the open on Monday as investors assessed the latest round of U.S.-Iran negotiations for signs of progress toward resuming shipping through the Strait
(Bloomberg) -- A gauge of Chinese equities in Hong Kong trimmed losses, supported by a rotation into financial shares as investors shifted out of artificial intelligence-linked names.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTrump’s Fears About Economy Undercut US Leverage in I
He estimated that if SpaceX grows from $1 trillion to $2 trillion, the stock-based deal becomes far cheaper in hindsight.
SpaceX is shedding light on how important energy is for AI.
Cloud computing has major upside, with huge growth coming over the next few years.
Asian stocks were mixed Monday with markets in Japan and South Korea trading higher, while oil prices edged lower on fresh optimism over progress in U.S.-Iran negotiations. Tokyo’s Nikkei 225 jumped 1.6% to 72,364.82, after reaching a new all-time record of 72,831.73 during intraday trading, helped by technology stocks that were fueled by excitement over the global artificial intelligence boom. Japan’s SoftBank Group, the multinational investment holding company with a strong AI focus, rose 2.4%.
SpaceX just had its IPO, with Anthropic and OpenAI both set to launch initial public offerings soon — their collective financial weight threatens to burst the AI bubble
SpaceX recently completed the largest IPO in history.
SK Hynix on Monday overtook Samsung Electronics to become South Korea's most valuable listed company, marking a dramatic reversal of fortunes for a chipmaker that two decades ago nearly collapsed under debt. The company, now the dominant supplier of high-bandwidth memory (HBM) chips used in AI systems for customers such as Nvidia and Alphabet's Google, has emerged as one of the biggest beneficiaries of the global AI boom, propelling a more than 340% rally in its shares this year and lifting its market value above both Samsung Electronics and Micron. Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won ($1.35 trillion) as of 0347 GMT, compared with gains of 0.4% in Samsung Electronics to 2,081.3 trillion won, excluding preferred shares.
SK Hynix on Monday overtook Samsung Electronics to become South Korea's most valuable listed company, marking a dramatic reversal of fortunes for a chipmaker that two decades ago nearly collapsed under debt. The company, now the dominant supplier of high-bandwidth memory (HBM) chips used in AI systems for customers such as Nvidia and Google has emerged as one of the biggest beneficiaries of the global AI boom, helping propel its shares up more than 340% this year and lifting its market value above both Samsung Electronics and Micron. Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won ($1.35 trillion) as of 0347 GMT, compared with gains of 0.4% in Samsung Electronics to 2081.3 trillion won, excluding preferred shares.
Does consolidating this much control clear the path to the biggest merger in history?
(Bloomberg) -- Tencent Holdings Ltd. has started testing a new AI assistant for WeChat as part of its efforts to catch up with peers in China’s white-hot artificial intelligence race.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTrump’s Fears About Economy Undercut US Leverage in I
The market value of South Korean chipmaker SK Hynix briefly topped that of peer Samsung Electronics on Monday to make it the country's most valuable firm. Shares of SK Hynix, now the world's most valuable memory chipmaker, traded up 5.7% to bring the company's market capitalisation to 2,082.5 trillion won ($1.35 trillion) as of 0347 GMT, compared with gains of 0.4% in Samsung Electronics to 2081.3 trillion won, excluding preferred shares. Samsung Electronics had held the top spot since 2000.
(Bloomberg) -- Steve Geoffrey, one of roughly 30 million foreign nationals in the Middle East, considers himself lucky to still be able to support his family in Kenya.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTrump’s Fears About Economy Undercut US Leverage in Iran TalksThe 38-
Major financial firms are racing to enter the prediction market space after the sector generated billions in trading volume over the past year. Charles Schwab, which oversees $11.77 trillion in client assets across 39.1 million active brokerage accounts, is now preparing its own entry into ...
Apple (AAPL) customers may soon see the impact of artificial intelligence in an unwelcome place: the retail checkout screen. Apple has always relied on its vast supply chain to shield its premium-device industry from abrupt shocks. That’s helped the corporation keep its hardware engine chugging ...
Cruise ship company Carnival (NYSE:CCL) will be reporting earnings this Tuesday morning. Here’s what investors should know.
(Bloomberg) -- Oil dropped following signs of progress in peace talks between Washington and Tehran, which appeared to get off to a rocky start after US President Donald Trump issued a fresh threat against Iran.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenIranian Negotiators Said to Still Be Engaged in Talks With USUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTrump’s Fears About Econo
The tit-for-tat retaliation comes after Washington’s recent decision to expand its military-linked company list.
Investors were preparing for a far more cautious Wall Street, with sticky inflation figures and a Fed that refused to give markets the rate-cut signal they wanted. Wells Fargo just switched up that setup. The bank just revamped its S&P 500 view for the rest of 2026, TheFly noted, citing ...
FedEx Q4 earnings, Micron's AI memory results, and May PCE inflation data are the three events set to move markets this week.
There’s a problem with the housing market. Homes are coming onto the market, yet many residences are sitting idle. Buyers seek relief, but mortgage rates are still high enough to make monthly payments difficult. Older homeowners who may otherwise downsize are staying put, because moving could mean ...
(Bloomberg) -- The Iran war caused one of the biggest supply shocks to ever hit the aluminum market, but the runaway price surge that many were bracing for has been blunted by the ingenuity of producers from the Middle East to China. Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTr
Firefly is targeting right-hand-drive and lower-tariff markets as the automaker navigates trade barriers in Europe and North America.
Now that SpaceX is officially public, it may benefit companies like Alphabet in the long term.
SpaceX already nailed its first test stock market test. The tough question is whether investors can detach the stock from the company. Elon Musk’s rocket, satellite, and artificial intelligence company has become one of the most controversial new listings on the market after a record-breaking ...
Researchers and developers believed they could improve the company’s crown jewel—and sell consumers on a laundry ‘tile.’
Microsoft’s CEO offers a blistering critique of the AI power balance and calls for earning society’s permission.
There's good news and bad news to consider as you evaluate the SpaceX IPO.
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