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Nvidia stock jumps 2%, Intel stock rockets 24% after huge $5B deal

Nvidia agreed to invest $5 billion in Intel Corp. and collaborate on developing chips for personal computers and data centres, a surprise…
Stock

Octopus Energy spins off Kraken Technologies to unlock global growth

Octopus Energy, Britain’s largest electricity supplier, said on Thursday it would spin off its technology arm Kraken Technologies into a standalone company,…
Stock

Bank of England holds rates as inflation and growth pose policy dilemma

The Bank of England voted on Thursday to keep interest rates steady at 4%, balancing sticky inflation pressures with a weak economic…
Stock

Asian stocks mixed ahead of Fed decision: Hang Seng at record high, Kospi slips 1%

Asian equity markets ended on a mixed note on Wednesday as investors looked ahead to the Federal Reserve’s interest-rate decision later in…
Stock

Workday shares jump over 5% as Elliott Management takes $2B stake

Shares of Workday rose by more than 5.5% to $231.24 in premarket trading on Tuesday after activist investor Elliott Management disclosed it…
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Indian investors hoard gold, driving up prices and boosting bank profits

Investors in India are holding onto their used gold jewelry and coins, anticipating further price increases despite recent record highs.  This has…
Stock

Why Nvidia stock is in the red in pre market trading

Nvidia shares slipped over 1% in pre-market trading after the Financial Times reported that China’s internet regulator has banned the country’s biggest…
Stock

ChatGPT is now used more for personal tasks than work, study finds

Large language models have been widely adopted since their launch, but new research shows how much they are being embedded into everyday…
Stock

Europe markets in red: Fed rate cut hopes tempered by economic uncertainty

The European stock markets opened in red on Tuesday, reflecting a delicate mix of hope and caution as investors prepare for a…
Stock

Explainer: why Nvidia’s new AI chip is struggling in China

Nvidia’s latest AI chip, developed specifically for the Chinese market, is running into significant obstacles, and the problem runs deeper than just…
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