On October 26, top tech stocks with potential like MicroStrategy and Salesforce showcased their impressive market strength.
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A drop of 11% in Bitcoin has taken place in the past 24 hours, leading to an overall sinking value in the crypto selloff.
Apple’s shares witnessed a surge, after the company’s announcement of its latest AI features during the Worldwide Developers Conference.
Nvidia dethrones Tesla as the most traded stock on Wall Street, marking a monumental shift and influence of AI in investor decision-making.
As SVB Financial Group wrestled with a capital shortfall and the prospect of a downgrade to its credit rating last week, it went to Goldman Sachs Group Inc and worked out an unusual two-part plan, according to people familiar with the discussions. The investment bank would buy a $21.5 billion bond portfolio from SVB to […]
Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant founder Jack Ma is giving up control of the fintech giant following an overhaul. Hong Kong-listed shares of Ma’s Alibaba jumped 7 percent. Shares of Longshine Technology Group Co Ltd, Jilin Zhengyuan, Shanghai Golden Bridge […]
Taiwan’s exports in December likely dropped from a year earlier for the fourth month in a row amid fears of a global recession, uncertainties due to the war in Ukraine, and COVID-19 controls in China, according to a Reuters poll. Taiwan, a global hub for chip production and a key supplier to Apple Inc, is […]
The telecoms industry has been one of the most profitable for centuries. In some corners of the world, there are ongoing battles over the markets, such as Verizon vs AT&T. In the U.S., only a handful of telcos have decent coverage. As a result, these companies have almost monopolized the markets and set the most […]
Canada’s main stock index slumped to a five-week low on Thursday, with the technology and materials groups leading broad-based declines, as investors were unable to see a clear endpoint for Federal Reserve interest rate hikes. The Toronto Stock Exchange’s S&P/TSX composite index ended down 291.02 points, or 1.5 percent, at 19,600.63, its lowest closing level […]
Wall Street ended lower on Tuesday, with the S&P 500 extending its losing streak to four sessions, as skittish investors fretted over Federal Reserve rate hikes and further talk of a looming recession. Meta Platforms Inc dragged down markets, with its shares sliding 6.8 percent following reports that European Union regulators have ruled the company […]