Fed’s Powell hints 25 bps cut may be last of 2025 BOJ expected to leave rates on hold for now ECB also seen standing pat Trump and Xi to meet in South Korea, de-escalation expected U.S. tech sector earnings weigh on stocks SINGAPORE, Oct 30 (Reuters) – Asian stocks fluctuated between gains and losses early…
WASHINGTON, Oct 29 (Reuters) – Nvidia CEO Jensen Huang donated to fund the construction of U.S. President Donald Trump’s White House ballroom, he told reporters, joining other tech leaders supporting the project. “I’m delighted to be part of it,” he told reporters in Washington on Tuesday. Nvidia was not named on the White House’s public…
ORLANDO, Florida, Oct 28 (Reuters) – Another wave of U.S. tech euphoria lifted Wall Street to new highs on Tuesday, this time in the shape of a deal between Microsoft and OpenAI, a day ahead of a clutch of U.S. Big Tech earnings and the Federal Reserve‘s policy decision. In my column today, I look…
Oct 28 (Reuters) – Nvidia (NVDA.O), opens new tab was on the verge of becoming the first company worth $5 trillion on Tuesday after the heavyweight chipmaker said it had $500 billion in bookings for its artificial intelligence processors and that it will build seven new supercomputers for the U.S. Department of Energy. Nvidia’s stock…
After long insisting that it will release its first trifold phone this year, Samsung has gotten one step closer by showing off a version of the hardware at the Asia-Pacific Economic Cooperation (APEC) summit, being held this week in Korea. No-one’s allowed to touch it though (let alone fold it), and Samsung is staying coy…
Key News After the market closed overnight, the government released the “Recommendations of the Central Committee on Formulating the 15th Five-Year Plan for National Economic and Social Development”, which covered 15 key focus areas comprising sixty-one sub-areas. For investors, a few key points stood out: Accelerate high-level self-reliance in science and technology, and lead the…
Photo-Illustration: The Strategist To have a kid in 2025 is to be anxious about when they’ll inevitably start asking for a phone. It’s easy for me, the mom of a toddler, to say I will wait as long as possible to give my son any kind of smart device. But for parents of tweens and…
Topline The S&P 500 reached a record high Monday, one day after the U.S. and China agreed to a trade pact framework that could prevent a broader trade war, news that sent gold prices tumbling. Chinese President Xi Jinping and U.S. President Donald Trump will meet Wednesday. (Photo by Thomas Peter-Pool/Getty Images) Getty Images Key…
Judge reverses February 2024 class certification Apple monopolization said to result in higher prices Disappointed plaintiffs to review next steps, lawyer says Oct 27 (Reuters) – A federal judge decertified on Monday a class action by tens of millions of Apple (AAPL.O), opens new tab customers who accused the company of monopolizing the market for…
Spotify has announced a redesigned version of its Apple TV app that the company says has been “rebuilt from the ground up for a faster, smarter, more visual experience.” The tvOS version of the Spotify app is also gaining several welcome features from the mobile version, but the biggest updates include the addition of video…