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Investing

Investing

Applied Digital stock jumps as revenue triples on surging AI data center demand

Applied Digital stock rose by 7% in premarket trading on Wednesday after the data center operator reported second-quarter revenue that comfortably beat…
Investing

US West Coast jet fuel premium hits two-year high on supply crunch

The difference in price (premium) for immediate delivery of US West Coast jet fuel sold to Asia has expanded to its largest…
Investing

Goldman Sachs bet on consumer stocks to carry equity rally in 2026

Strategists on Wall Street are increasingly looking beyond the artificial intelligence trade for fresh drivers of the US equity rally, as concerns…
Investing

Elon Musk’s xAI secures $20B in funding amid intensifying scrutiny

Elon Musk’s artificial intelligence start-up xAI has raised $20 billion in new funding in an upsized round that more than doubles its…
Investing

IKEA to close large China stores as property slump reshapes retail strategy

IKEA is closing a number of its large-format stores in China as it reworks how it reaches customers in a market reshaped…
Investing

Here’s why the SCHD ETF stock may jump to $30 soon

The Schwab US Dividend Equity (SCHD) stock price staged a bullish breakout above a key resistance level as American equities accelerated. SCHD…
Investing

Softening UK jobs market paves way for BoE rate cut in March, says ING Group

Mounting evidence, from easing inflation to a softening jobs market, suggests the Bank of England’s fight against price rises is nearing a…
Investing

AMD stock price forms a risky pattern amid valuation concerns

AMD stock price has moved into a technical bear market after falling by 20% from its highest point in October. It has…
Investing

AMD deepens enterprise AI push with new data centre chips

Advanced Micro Devices Inc. unveiled a new chip aimed at smaller corporate data centres while outlining a longer-term roadmap designed to narrow…
Investing

Why Michael Burry sees Valero Energy as a winner from a Venezuelan oil boost

Valero Energy has emerged as a key focus for investors after renewed attention on Venezuela’s oil sector following the capture of President…
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