Could SpaceX’s Starmind Make Amazon’s, Microsoft’s, and Google’s Cloud Businesses Obsolete? Here’s What Investors Need to Know.
Elon Musk’s most ambitious project to date now has a name. He recently confirmed on X (formerly Twitter)…
‘Market is becoming more discerning’: Wall Street weighs next catalyst for AI trade
Wall Street is looking for follow-through on the AI trade heading into earnings season next week. The S&P…
Meta Platforms To Build $9 Billion A.I. Data Centre In Canada
Meta Platforms To Build $9 Billion A.I. Data Centre In Canada U.S. Technology giant Meta Platforms (NASDAQ: $META)…
Alphabet’s Artificial Intelligence (AI) Spending Spree Is Great News for Nvidia
Last month, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) announced an $80 billion equity capital raise. The company made it…
How Hong Kong is fighting to redefine its future with an institutional moat, wealth surge
For decades, warnings of Hong Kong’s terminal decline have arrived in periodic waves. When Stephen Roach, the former…
As tech rallies and consumer shares lag, China’s stock market forms microcosm for economy
The unevenness of China’s economy is now well reflected in its US$16 trillion stock market, as technology companies…
This AI Chip Stock Just Signed Massive Deals With 3 Hyperscalers, and It Still Looks Like a Great Buy Right Now (Hint: Not Nvidia or Intel)
Ever since OpenAI released ChatGPT in November 2022, the AI industry has been characterized by ever-growing demand for…
Apple’s Foldable iPhone Saves the S&P 500 From a Chip-Fueled Rout
Wall Street was torn between opposite catalysts on Thursday morning. The Dow Jones Industrial Average (DJINDICES: ^DJI) climbed…
Wall Street Thinks AI Capex Is Unsustainable — Here’s Why Big Tech Keeps Spending Anyway
There’s never been an infrastructure boom like AI. Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Microsoft (NASDAQ:…
Musk’s trillionaire crown lasts less than two weeks after SpaceX rout
NEW YORK, June 25 — Elon Musk has slipped below the US$1 trillion (RM4.2 trillion) net worth mark…
Markets live: Unemployment rate falls to 4.4pc in May, down from 4.5pc in April
The property market research group, Cotality, has tabulated the final results from the weekend’s home auctions and found…
Markets live: Headline inflation eases more than expected but RBA rate hike risk remains
With the Australian dollar briefly dipping below 69 US cents today, the greenback has been scaling the heights.…