Morgan Stanley CEO Says Asset Managers Want China Exposure
China remains a top draw for global asset managers as confidence returns, with investors acknowledging that the world’s…
Microsoft Signs $9.7 Billion AI Cloud Deal With IREN
Microsoft Corp. has signed an approximately $9.7 billion deal to purchase AI cloud capacity from IREN Ltd., becoming…
Adnoc CEO Says AI Raises Energy Investment Needs to $4 Trillion
The global energy industry needs annual investment of $4 trillion as the boom in data centers and artificial…
Korea’s Kospi Extends Rally as AI Momentum Rises on Nvidia (NVDA) Ties
South Korea’s equity benchmark is building on its strongest monthly rally in over two decades, underscoring the market’s…
Musk’s Starlink Ties Up With UK’s VMO2 for Mobile ‘Not Spots’
Elon Musk’s Starlink struck its first UK telecom deal to bring satellite connectivity directly to customers’ phones. Customers…
Amazon Reports Cloud Unit Sales Grew Faster Than Expected
Amazon.com Inc.’s cloud unit posted the strongest growth rate in almost three years, reassuring investors who were concerned…
Trump Says He and Xi Discussed Nvidia, But Not the Blackwell Chips
US President Donald Trump said he didn’t discuss approving sales of Nvidia Corp.’s Blackwell chips to China with…
Canada Pension to Boost India Investments After Portfolio Surges to $22 Billion
Canada’s largest pension fund will further boost its investments in India, where it has tripled assets under management…
Amazon, Apple, Meta, Alphabet, Microsoft Earnings: Watch These Five AI Signals
Nvidia CEO Jensen Huang’s insistence this week that he did not “believe we’re in an AI bubble” is…
China AI Push Led by DeepSeek Threatens US Rally, Australian Pension Fund Warns
Cheaper artificial intelligence tools from China threaten to trigger a sudden sell-off in US tech giants betting on…
SK Hynix Posts Record Profit After AI Boom Fuels Chip Demand
SK Hynix Inc. reported a 62% jump in profit and revealed it’s sold its entire memory chip lineup…
US Needs ‘Finesse’ to Stay Ahead of China in AI, Nvidia CEO Says
Nvidia Corp. Chief Executive Officer Jensen Huang said that maintaining the US edge in artificial intelligence will require…