Markets
European markets open higher after rally on Wall Street, slide in Asia
An interest rate cut earlier this week by the US Federal Reserve has boosted sentiment in Europe and the US. Investors are also watching for news of a phone call on Friday between President Donald Trump and China's President Xi Jinping.
Markets
Magnificent Seven widen gap over Europe's giants as AI race heats up
The US ‘Magnificent Seven’ have pulled far ahead of Europe’s corporate giants, driven by massive AI growth. While US tech surges, Europe’s top firms—mostly in traditional sectors—struggle to keep pace in the new innovation-driven economy.
Markets
Nvidia is on track to become the most valuable company in history
The value of the leading chip designer temporarily hit a new record on Thursday, briefly making it the most valuable company in history, with a market capitalisation nearing $4 trillion. Analysts predict it will soon break the record again.
Markets
Nvidia shares surge as earnings beat despite chip export restrictions
Nvidia’s shares surged during extended trading hours as its quarterly earnings surpassed analysts’ expectations. While the China-related impact weighed on results, the company anticipates steady growth in the current quarter due to continued robust global demand for AI.
Markets
Nvidia stock soars on US-Saudi AI deal backed by Trump, bin Salman
Nvidia’s shares soared amid billions of dollars in artificial intelligence investment deals made between US President Donald Trump and Saudi Arabia’s Crown Prince Mohammed bin Salman, as the Trump administration deepens ties with the wealthy Middle Eastern nation.