Tech stocks post best 6 months since 2023 — even with much of the ‘Magnificent 7’ in the ‘penalty box’: Chart of the Day
The Technology (XLK) sector notched its strongest first half of the year since 2023, when the artificial intelligence…
OpenAI joins Anthropic in IPO push
June 8 (Reuters) – OpenAI said on Monday it confidentially filed for a U.S. initial public offering recently,…
Samsung Joins $1T Club As AI Craze Drive South Korea Market Rally
South Korea’s blistering stock-market rally has just produced the world’s latest $1 trillion company. Loading audio narration… On…
Sandisk has thumping quarter on AI boom, secures long-term contracts and unveils big buyback
By Stephen Nellis SAN FRANCISCO, April 30 (Reuters) – Memory chip maker Sandisk on Thursday reported soaring revenue…
BlackRock’s Fink warns AI boom could widen wealth divide without broader participation
By Manya Saini March 23 (Reuters) – Asset management giant BlackRock’s CEO Larry Fink warned on Monday the…
AI boom drives trillion-dollar tech valuations and record bets on chipmakers
(Reuters) -Top technology companies hit fresh valuation milestones in October, as their shares climbed on expectations of robust…