Palantir has delivered the kind of quarter most software companies would envy, yet its stock is still struggling to win over every corner of Wall Street.Revenue jumped 85% in the first quarter, adjusted earnings per share surged to $0.33, and the company lifted its full-year outlook after another sharp acceleration…
Federal Reserve Governor Jerome Powell warned Sunday about the impact of a politicized Fed and made a broader call for the defense of democratic institutions in his first public remarks since the end of his eight-year stint as head of the central bank. “Democratic institutions take much time, effort, and…
Asian equities fell on Tuesday as doubts over a Middle East ceasefire weighed on risk appetite, offsetting optimism around artificial intelligence funding and potential listings.MSCI’s Asia-Pacific index excluding Japan slipped 0.6% after a volatile open. South Korea’s KOSPI fell as much as 3.3%, while Japan’s Nikkei 225 declined 1.9%. S&P…
Arm Holdings has named ByteDance and Oracle as customers for its artificial intelligence data centre chips, marking a notable disclosure for the UK-based chip designer as it seeks a larger role in the infrastructure powering AI workloads.Chief Executive Officer Rene Haas identified the two companies during an appearance at Computex…
Nvidia Chief Executive Officer Jensen Huang said the company has secured enough supply to support strong growth in central and graphics processors, even as demand for artificial intelligence keeps the chipmaker under pressure to expand capacity.Speaking during Computex week in Taipei on Tuesday, Huang said Nvidia had lined up supply…
The Bank of Japan should provide a clear roadmap for policy normalisation following an anticipated interest rate increase in June to help stabilise the government bond market, according to Arihiro Nagata, global markets chief at Sumitomo Mitsui Financial Group.Speaking to Reuters, Nagata said he expects the BOJ to raise interest…
SK Group Chairman Chey Tae-won said on Tuesday that the company’s memory chip subsidiary, SK Hynix, plans to double its wafer capacity over the next five years as demand for advanced semiconductor products continues to grow.Chey made the remarks during the Computex conference in Taipei, where executives from some of…
Rolls-Royce’s share price is having a more difficult year than it did in 2025, when it surged to a record high. While it has jumped 21.8% over the past six months, it remains up just 10% year to date. So, is this consolidation a good buying opportunity?Why the Rolls-Royce share…
Hewlett Packard Enterprise shares surged more than 36% in after-hours trading after the company reported record second-quarter results and raised its growth outlook, underscoring the strength of enterprise spending on artificial intelligence infrastructure.The rally puts the stock on track for its largest single-day gain on record if the after-hours advance…
India’s equity market slipped to seventh place globally by market capitalisation on Tuesday, as heavy foreign investor selling, weaker earnings growth, and limited exposure to artificial intelligence-linked stocks enabled South Korea to move ahead.Data from stock exchanges showed that the combined market value of companies listed on South Korea’s KOSPI,…