To most Americans, October is “scary” because of Halloween. Economists recall another scary day: Black Tuesday, October 29, 1929. Over that Monday and Tuesday alone, the US stock market plummeted…
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ByteDance, Alibaba and Tencent have ordered more than 3 million of Nvidia’s RTX PRO 5500 graphics cards, with a combined potential value exceeding $35 billion. The development came as Chinese…
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Nvidia, AMD and Intel stocks came under renewed pressure in Tuesday’s US premarket trading, threatening to reverse a semiconductor recovery that lasted barely one session. Nasdaq 100 futures slipped around…
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AI stocks staged a recovery on Monday after a bruising previous week on Wall Street, giving investors a chance to reconsider their positions in one of the market’s most closely…
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Scottish Mortgage Investment Trust (SMT) has lost momentum in the past few days as investors wait for earnings of its top companies. It dropped to 1,538p on Tuesday, down by…
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Rolls-Royce share price has been in a strong sell-off this month and is now hovering at its lowest level since June 15. It has slumped by 16% from the year-to-date…
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SpaceX is set to report third-quarter earnings on Tuesday, with investors looking for evidence that its rapidly expanding artificial intelligence business is generating enough revenue to justify the enormous cost…
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Micron faces a fresh challenge to its recovery after workers at a Taiwanese facility announced plans to strike on Thursday over a dispute about profit-sharing. The Taoyuan walkout, scheduled for…
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Oracle announced a healthcare artificial intelligence collaboration with AstraZeneca on Tuesday, expanding its ambitions beyond data centres as investors scrutinise the cost of its cloud infrastructure expansion. The companies plan…
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South Korean and Japanese stocks fell on Tuesday despite an overnight rebound in US technology shares, as investors remained unwilling to rebuild exposure to Asia’s biggest artificial intelligence trades before…