Broadcom (AVGO) closed Friday’s session 24% higher — ending the trading week 25.2% higher on its five-day moving average — after forecasting significant demand gains for its AI chips in the coming years in its latest earnings print. “We see our opportunity over the next three years in AI as massive,” Broadcom CEO Hock Tan…
In the final instalment of a three-part series examining mainland China’s increasing military presence around Taiwan, Hayley Wong explores the role the coastguard is playing in ramping up the pressure on Taipei and what it might do in the event of an all-out assault. Most of the international attention China’s coastguard has attracted in recent…
Long-term investment is the key to life-changing returns in the stock market, and few companies highlight this concept better than Nvidia (NVDA -2.25%). If you bought $1,000 worth of the chipmaker’s stock 10 years ago, you would have roughly $267,000 today — a return of 26,600%. That said, past returns don’t guarantee future results —…
One of the best Android phones around is a lot cheaper today, thanks to this discount at OnePlus. We’ve dubbed the OnePlus 12 the “best high-performance flagship with a lower price,” and you can grab the 512GB model for only $650 right now. That’s a price cut of $250 for a phone that offers all…
Damascus, Syria CNN — At Umayyad Square in central Damascus, tens of thousands of people had the party of a lifetime on Friday. Filling the roundabout to the brink, they partied late into the evening, celebrating the moment many thought would never come: the exit of their brutal dictator Bashar al-Assad. “I always thought that…
The stock market ended the day mixed, with a post-earnings surge from Broadcom (AVGO) boosting the Nasdaq. Now, the latest Fed meeting and more inflation data loom in the week ahead. The Nasdaq composite closed near record highs after inching up 0.1%, enough for relative outperformance. It posted a meager weekly gain of 0.3%, its…
TORONTO (AP) — The premier of Canada’s most populous province said Wednesday he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all Canadian products. Trump has threatened to impose a 25% tax on all products entering the U.S. from Canada and Mexico unless they stem the flow…
China’s spiral into deflation is proving hard to fix. Prices in the world’s second-biggest economy have fallen for six consecutive quarters, and if they fall for one more quarter, the run would equal a record deflationary streak set in the Asian Financial Crisis in the late 1990s. Policymakers have pledged to do more to shore…
The Waltons have reclaimed the title of the world’s wealthiest family The Walmart family fortune has grown by 66% since last year to a record $432 billion. Jim, Rob, Alice, and the other Waltons are richer than the royal families of Abu Dhabi and Qatar. The Waltons are once again the world’s wealthiest family, ranking…
iOS 18.2 has finally arrived, and beyond a ton of great Apple Intelligence features and a big Mail redesign, the update also lets you set new default iPhone apps. Here’s how that works. iOS 18.2 brings expanded default categories and new Settings hub The iPhone for years has offered some options for setting new default…