Lenovo Group stock price went parabolic today, reaching its highest point on record as its artificial intelligence business fueled its growth momentum. It jumped to $15.72 in Hong Kong, up…
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A rally in European technology stocks has continued largely unnoticed as broader equity markets across the region struggle under the weight of the Iran war and slowing economic activity. The…
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JPMorgan Chase is looking at ways to transfer risk tied to a portfolio of loans extended to private equity funds, according to a Financial Times report. The portfolio is worth…
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Asian equities advanced on Friday as investors monitored signs of progress in US-Iran negotiations, while the dollar held near six-week highs and oil prices remained volatile. The moves reflected a…
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Europe-focused funds shed more than $1.5 billion over the past week alone, marking a 5th straight week of sustained withdrawals. With the STOXX Europe 600 trading at around 13.5 times…
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SoftBank’s latest rally was sudden, sharp and driven by renewed excitement around artificial intelligence. The Japanese investment group added roughly $35 billion in market value on Thursday after a near-20%…
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Hong Kong’s Hang Seng Index is underperforming its global peers this year as most Chinese technology giants struggle. It has dropped by over 8.4% from its highest point this year,…
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Shares of Meta Platforms (META) have lagged several other members of the so-called Magnificent Seven in recent months, even as the broader technology sector and artificial intelligence trade continued to…
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US stocks closed slightly higher on Thursday after a volatile trading session as investors weighed shifting developments surrounding the US-Iran conflict, fluctuating oil prices, and renewed concerns about inflation and…
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Applied Digital (APLD) rallied on May 21 after Needham said the firm’s 15-year lease agreement for 300 MW of critical capacity at its advanced Polaris Forge 3 data center campus…