Michael Chen

SoftBank US investment of $100 billion, announced at a Trump event, focuses on AI, semiconductors, and infrastructure, creating 100,000 jobs.

Benjamin Hughes

Nvidia joins investors in Nebius Group’s $700 million funding round to advance AI infrastructure, including GPU clusters and cloud platforms for AI developers.

Leo Gonzalez

Explore the $7 trillion growth opportunity in humanoid robots led by Tesla and Elon Musk. Learn how this groundbreaking technology is transforming industries by 2050.

Benjamin Hughes

US equity funds attracted $12.78 billion in inflows for the fourth week, driven by strong demand in sectors like financials and technology, along with a positive outlook on the Trump administration.

Michael Chen

Impax Asset Management has significantly increased its investment in Nvidia Corp., recognizing the undervaluation of the tech giant amid a booming AI sector. By tripling its stake, Impax aligns its sustainable investment strategy with Nvidia's innovative energy-efficient chips, positioning itself for growth in an evolving market landscape.

Michael Chen

Self-driving technology firm WeRide is accelerating its global expansion as the artificial intelligence boom boosts the adoption of machine learning in transportation. The company is actively developing self-driving technology for a range of vehicles, including robotaxis, minibuses, freight vehicles, and sanitation vehicles.

Benjamin Hughes

The United Arab Emirates (UAE) is poised to maintain its status as the world's leading destination for wealthy individuals for the third consecutive year, according to the Henley Private Wealth Migration Report.

Leo Gonzalez

McDonald’s is set to report its second-quarter earnings on Monday, with its shares having declined by 15% year to date. This decline has been driven by investor concerns over consumer spending trends and the overall health of the restaurant industry.

Leo Gonzalez

LONDON — European markets opened higher on Monday as investors analyzed U.S. inflation data and anticipated another busy week filled with earnings reports and central bank meetings. The Stoxx 600 index increased by 0.29% by 8:30 a.m.

Leo Gonzalez

Apple's market share in China has been on a steady decline, dropping to 14% in the second quarter from 15% in the first quarter and 16% a year earlier. This reduction in market share signifies a challenging period for Apple in the Chinese market, where local brands are rapidly gaining ground.

Benjamin Hughes

LONDON — European markets are expected to open mixed on Friday as the global stock selloff shows signs of easing and investors turn their attention to upcoming U.S. inflation data. Over the last two sessions, the pan-European Stoxx 600 has closed lower, largely driven by a significant downturn in technology stocks.

Leo Gonzalez

SK Hynix, one of the world’s largest memory chipmakers, announced on Thursday that its operating profit in the June quarter reached its highest level since the second quarter of 2018, rebounding from a loss of 2.88 trillion won in the same period a year ago.

Leo Gonzalez

Investors are evaluating South Korea’s advance second-quarter GDP figures, which slightly missed expectations. The GDP grew 2.3% year-on-year, lower than the 2.5% anticipated by economists polled by Reuters. On a quarter-on-quarter basis, South Korea’s economy contracted by 0.2%, contrasting with the 0.1% rise expected and reversing from the 1.3% growth in the first quarter.

Benjamin Hughes

A South Korean court approved early on Tuesday a prosecution request for a warrant to arrest Brian Kim, the billionaire founder of tech giant Kakao Corp, on accusations of stock manipulation during a 2023 acquisition. This development marks the latest legal twist for Kakao after the company and an executive went on trial last year for alleged wrongdoing during the same acquisition.

Michael Chen

Democrats united behind Vice President Kamala Harris as the party’s front-runner for the presidential nomination Monday, and their excitement translated into a juggernaut day of fundraising for the party and for Harris’ campaign. Harris has emerged as the clear choice for the Democratic nomination, with a surge in support that is reflected in both endorsements and financial contributions.

Leo Gonzalez

Volvo Cars experienced a significant rise in its share prices, closing 11% higher on Thursday. This surge followed the announcement of a remarkable increase in the company's core operating profit for the second quarter.

Michael Chen

President Joe Biden has announced his decision to drop out of the 2024 presidential race against former President Donald Trump. In a surprising move, Biden has endorsed Vice President Kamala Harris as the Democratic Party nominee.

Benjamin Hughes

Netflix saw its stock dip less than 1% after surpassing analyst expectations on both revenue and earnings for the second quarter. The streaming giant reported earnings of $4.88 per share on $9.56 billion in revenue. Analysts surveyed by LSEG had anticipated $4.74 per share on $9.53 billion in revenue.

Leo Gonzalez

Tax breaks amounting to trillions of dollars are set to expire after 2025 unless Congress acts to extend them. Among these is a significant deduction for millions of self-employed individuals and business owners.

Leo Gonzalez

The leaders of Wall Street’s most powerful firms are speaking out to condemn the attempted assassination of former President Donald Trump at a Pennsylvania rally over the weekend. The attack, which resulted in the death of one bystander and injuries to two others, has prompted strong reactions from prominent CEOs, who emphasize the need for unity and constructive dialogue in the face of political violence.