US agencies and congressional officials are still quietly engaging with Anthropic’s new AI model, Mythos, even after President Donald Trump’s administration barred work with the company.As per a Politico report, the Commerce Department’s Center for AI Standards and Innovation is testing Mythos’ cybersecurity capabilities, while staff on at least three…
Wall Street’s major indexes moved higher on Tuesday, with the Dow Jones Industrial Average and the S&P 500 approaching record levels as investors weighed easing geopolitical tensions, fresh inflation data, and a mixed start to the earnings season.Optimism around a potential resumption of US-Iran negotiations helped lift sentiment, even as…
Asian stock indices continued their uptrend, mirroring the ongoing bull run in Wall Street. Japan’s Nikkei 225 jumped to ¥58,350, its highest level since February 28 and 15% above its lowest level this year. Similarly, Hong Kong’s Hang Seng Index has jumped to $26,100. Why Hang Seng and Nikkei 225 indices…
Asian stocks rose on Wednesday after President Donald Trump said Washington could hold fresh talks with Iran in Pakistan within the next two days, reviving hopes that diplomacy may yet contain the latest confrontation.The shift in tone helped ease pressure across energy markets, with oil extending overnight losses and investors…
South Korean AI chipmaker DEEPX said it will strengthen its partnership with Hyundai Motor Group to develop a computing platform for generative AI robots and vehicles, as the company pushes deeper into low-power, on-device artificial intelligence. The move builds on an existing relationship between the two companies and underscores a…
KKR is making an $820 million bet on Samsung SDS at a moment when markets are still debating how much of the AI boom will translate into durable profits.However, the deal, announced on Wednesday, appears far more measured than it might seem at first, with KKR opting to invest through…
Indian ethnic wear retailer Libas is aiming to go public by early next financial year, but the timing of its market debut may slip if equity markets remain volatile.The company is also stepping up store expansion, weighing a potential private equity round and assessing how geopolitical tensions, including the US-Iran…
BlackRock is urging investors to look beyond headline returns and pay closer attention to how hedge fund gains are being generated, according to a report released late last week. The core message is simple: in a market being reshaped by artificial intelligence, geopolitics and fast-moving capital flows, diversification across multiple…
India’s foreign exchange restrictions have made it costlier and more complex for overseas investors to hedge against rupee volatility, which has reduced the attractiveness of Indian bonds.At the same time, a war-driven hit to earnings prospects is adding fresh pressure on equities.Steps taken by the Reserve Bank of India to…
Luxury stocks fell sharply on Wednesday after disappointing first-quarter earnings from Kering and Hermès highlighted the growing toll of the Middle East conflict on high-end spending, tourism and investor confidence.The selloff, which spread across Europe’s luxury sector, signals rising concerns that geopolitical tensions and macroeconomic uncertainty are derailing hopes of…