The stock market believes Google is now winning the AI race over OpenAI, Nvidia
Alphabet-owned Google just gained a leg up over OpenAI’s ChatGPT, according to recent stock market performance. Shares of…
International economists pick Reserve Bank will have to cut Official Cash Rate again
The Kiwi dollar was more sensitive than peers to shifts in global risk appetite, BMI said. “Key headwinds…
The AI trade with ‘a lot of upside’, ‘not much downside’: Strategist
Convertible bonds are a way to play bet on AI with less risk, according to one strategist. Schroders’Â head…
Highlights From the Bloomberg Africa Business Summit
At the Bloomberg Africa Business Summit, influential leaders, investors, and innovators gathered to discuss the forces reshaping the…
China’s factory activity unexpectedly contracts in November
Chinese-made automobiles and construction machinery are assembled and shipped for export at Yantai Port in Yantai City, Shandong…
Forget AI spending, the biggest risk to this market is speculation
Chicken and egg? Cart before the horse? Six of one, half dozen of the other? After a while,…
China Factory Activity Slumps for Longest Stretch on Record
China’s factory activity improved but remained in contraction in November, extending its streak of declines to a record…
Google’s AI Progress Drives MediaTek to Best Week Since 2002
MediaTek Inc. shares posted their best week since 2002, as artificial intelligence advances at its client Google help…
The EU’s grand new plan to replace fossil fuels with trees – POLITICO
At the center of the strategy is carbon, the fundamental building block of a wide range of manufactured…
Fisher & Paykel Healthcare drives NZ sharemarket up – Market close
“It’s given back a bit of ground, and that ground that we have given back has been post…
Reserve Bank Governor Christian Hawkesby comfortable, despite markets suggesting fixed mortgage rates might rise soon
Asked on Thursday morning what he made of swap rates rising, Hawkesby told the Herald, “I think we…
NZ sharemarket finishes flat, down 0.1% – Market close
“There was some flow-through buying in the rebalancing of the MSCI indices. Not all of it was done…