Grid Tech Stocks Are Poised to Soar Even Further Amid AI Bubble Fears
Photographer: Angel Garcia/Bloomberg (Bloomberg) — While some corners of energy markets have looked pretty frothy of late, one segment…
This Startup With 60% Employees On The Autism Spectrum Beat Meta-Backed $14B Scale AI For $708 Million Pentagon AI Contract
Artificial intelligence company Enabled Intelligence, with a majority neurodiverse workforce, announced on Nov. 24 that it has secured…
AI Chipmaker Moore Threads Begins Trading After China’s Second-Biggest IPO
Source: CFOTO/Future Publishing/Getty Images (Bloomberg) — Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, will begin…
China’s central bank vows ‘strong breakwaters’ to shield from external shocks
Central bank governor Pan Gongsheng has stressed the importance of China maintaining a sound monetary system that remains…
Nvidia’s Huang Unsure Whether China Would Accept H200 Chips
Nvidia Corp. CEO Jensen Huang speaks to members of the media while arriving for a meeting on Capitol…
Silver Nears Record as US Payrolls Reinforce Fed Rate-Cut Bets
(Bloomberg) — Silver traded near a record high after US payroll data reinforced bets that the Federal Reserve…
Salesforce’s Stock Is Historically Cheap as AI Risk Takes a Toll
(Bloomberg) — Salesforce Inc. shares have never been cheaper, but investors still aren’t buying amid rising fears about…
Australia Economic Growth Misses Forecasts, RBA Bets Whipsaw
Runners jog along the boardwalk past the Sydney Harbor Bridge. (Bloomberg) — Australia’s economy grew at a surprisingly…
China Tells Stats Providers to Halt Home Sales Data Publication
(Bloomberg) — Two of China’s private data agencies withheld monthly home sales figures at the government’s behest, people…
Euro-Zone Inflation Near 2% to Seal Deal on ECB Rate Hold
Shoppers pass through Alexanderplatz during Black Friday sales in Berlin, Germany, on Nov. 28. (Bloomberg) — A euro-zone…
China Vanke Dollar Bonds Tumble to Record Lows as Crisis Worsens
(Bloomberg) — China’s real estate sector suffered another blow after China Vanke Co. proposed delaying repayment on a…
US envoy advised that Putin should flatter Trump over Gaza and call him a man of peace, report says
Witkoff also suggested the creation of a 20-point peace plan for Ukraine “just like we did in Gaza”,…