Australian stocks pulled back on Thursday, even as other global indices jumped amid the ongoing Iran-US truce. The ASX 200 Index dropped to $8,947, from this week’s high of $9,056. This retreat happened as investors reacted to the latest Chinese and Australian macro data. Still, it is slowly forming a bullish…
Trend Micro stock surged on Thursday after the Japanese cybersecurity company unveiled a strategic tie-up with Anthropic.The stock jumped nearly 12% to 6,100 yen and briefly touched 6,294 yen, a near three-month high, putting it among the day’s best performers on the Nikkei 225.The immediate spark was the announcement that…
TSMC reported a record first-quarter profit, beating expectations as demand for advanced processors used in artificial intelligence systems remained strong.The result reinforces the company’s central role in the global AI build-out and suggests the chip spending cycle still has momentum, even as investors watch for signs of strain in supply…
SoftBank Group Corp. raised about $3.5 billion through a dual-currency bond offering, as the Japanese investment firm moves to refinance debt and partly repay a bridge loan tied to investments in OpenAI.The company secured $1.5 billion via dollar-denominated bonds and 1.75 billion euros ($2.06 billion) through euro-denominated notes, as stated…
BT Group share price has done well this year and is hovering at its highest level since 2016. It was trading at 218p on Thursday, up sharply from last year’s low of 171p. This rally may continue as it has formed the highly bullish cup-and-handle pattern.BT Group share price has…
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…