European markets are heading for a lower open Friday, rounding off a volatile week marked by whipsawing policy on U.S. tariffs, the latest rate cut from the European Central Bank, German fiscal reforms and a regional defense spending boost. According to IG data, the U.K.’s FTSE 100 is set to open 48.9 points lower at…
BASF CEO optimistic about the year ahead after a difficult 2024 Markus Kamieth, Chairman of the Board of Executive Directors of the chemical company BASF, speaks at the annual press conference of the chemical company BASF. Picture Alliance | Picture Alliance | Getty Images The chief executive of BASF says the German chemical company is…
POLAND – 2024/11/13: In this photo illustration, the NVIDIA company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Nvidia shares dropped in U.S. premarket trading Thursday after the tech giant’s third-quarter earnings failed to impress investors. Shares of the…
Morningstar has urged investors to shift their focus away from the much-hyped AI chip sector. Instead, the equity research firm highlighted four traditional semiconductor makers it considers undervalued, with two picks potentially offering more than 70% upside. Morningstar’s note comes amid a surge in demand for AI accelerators, particularly Nvidia ‘s graphics processing units (GPUs)….