Asian equities declined sharply on Tuesday as concerns over artificial intelligence (AI) spending led to a…
Tag: editor-pick
Indian Stocks Rebound as Oil Prices Fall, Nifty Gains 1%
Indian equity benchmarks rebounded on July 27, with the NSE Nifty 50 rising 229 points, or…
Trump Sees Good Chance for Iran Deal Amid Conflict Pause
U.S. President Donald Trump stated on Monday that there is a "good chance" of reaching a…
Intel Faces Continued Sell-Off Despite Q2 Revenue Gains
Intel Corporation's stock has dropped over 25% since a strong sell rating was issued earlier this…
Russia Eyes $40 Billion in Pension Funds for War Costs
The Russian government is considering a draft legislation to transfer nearly $40 billion from private pension…
Nvidia Explores $250 Billion Financing Amid AI Concerns
Nvidia is reportedly in discussions to provide up to $250 billion in financing guarantees to support…
Rivian Stock Rises 5% After Upgrade to Overweight Rating
Rivian Automotive Inc. (NASDAQ:RIVN) shares surged 4.99% to $16.64 on Monday following an upgrade by Piper…
Nvidia Advocates Open AI Models Amid Cybersecurity Concerns
Nvidia CEO Jensen Huang stated that closed AI models can be cheaper than open models, emphasizing…
Porsche to Cut 5,000 Jobs by 2035 Amid Cost Pressures
Porsche announced plans to eliminate 5,000 jobs by 2035 as part of a labor agreement aimed…
Zepto IPO Valuation Revised to $3 Billion Amid Investor
Zepto is exploring a revised IPO valuation of approximately $3 billion as it tests investor appetite…