Nvidia’s stake in a fast-growing artificial intelligence infrastructure company is drawing renewed attention from investors across Wall Street.That attention intensified after the AI chip giant nearly doubled its holdings in CoreWeave, one of the hottest names in the AI infrastructure trade.The company operates a GPU-as-a-service “neocloud” platform, renting high-performance AI…

IG Group share price has gone parabolic and hit its all-time high after the company published strong financial results and boosted its forward guidance. It soared to a record high of 1,717p, becoming the best performing company in the FTSE 100 Index. It has jumped by over 53% this year,…

Silver extended its decline for a third consecutive session on Monday, with XAG/USD trading around $74.20 per troy ounce during Asian hours.Investors reacted to India’s surprise restrictions on silver imports, rising expectations of another Federal Reserve rate hike and weaker investment demand projections from UBS.The precious metal also came under…

HSBC has launched a $4 billion credit facility aimed at helping mainland Chinese companies in sustainable and transition technologies expand internationally.The new programme, announced on Monday, is designed to support firms operating in sectors including renewable energy, electric vehicles, artificial intelligence and data infrastructure as China accelerates its push into…

European stock index futures are diving today, May 18, as geopolitical tensions and bond yields jump. The FTSE 100 Index futures dropped by 1.71%, while the DAX Index and CAC 40 retreated by over 1%. The broad Stoxx 50 Index futures fell by over 1.3%.FTSE 100, DAX, CAC 40, and…

Nvidia heads into its Wednesday, May 20 earnings report with the stock in the red in the latest market snapshot, even after a powerful run that took the shares to fresh record territory this month.The setup is classic Wall Street tension as expectations are high, the AI story is still…

Scottish Mortgage Investment Trust share price has been in a strong bull run this year, and this rally may gain momentum in the coming months, helped by some of its top constituent companies. SMT stock jumped to 1,513p, its highest level since November 2021, and by 138% from its lowest…

Lumen Technologies, once dismissed as a penny stock, is staging one of Wall Street’s most unexpected comebacks, with analysts pointing to its pivot into artificial intelligence (AI) connectivity as the driver of a 660% surge in its share price over the past two years, the Motley Fool said in a…

European shares moved lower on Monday as rising oil prices and continued bond sell-offs heightened inflation concerns, while the absence of any breakthrough between the United States and Iran kept investors cautious.The pan-European STOXX 600 index slipped 0.7% to 602.52 points as of 0703 GMT, extending losses after ending the…