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Recent Posts

  • Indonesia stocks higher at close of trade; IDX Composite Index up 0.75%
    July 10, 2025
  • DCC Q1 profit slips modestly; FY26 guidance maintained
    July 10, 2025
  • Britain to invest €163 million in Eutelsat, following France’s lead - report
    July 10, 2025
  • January 27, 2025

Hedge funds were pausing US AI bets as DeepSeek emerged, says Goldman

By Nell Mackenzie LONDON (Reuters) - Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's new AI model was...

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  • January 27, 2025

MicroStrategy offers 8% fixed coupon on $250 million perpetual preferred stock

-- MicroStrategy Inc (NASDAQ:MSTR). is offering an 8% fixed coupon for its $250 million worth of perpetual preferred stock, according to Bloomberg. The stock is...

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  • January 27, 2025

Diageo says no plans to sell Guinness or Moët Hennessy stake

In response to recent speculation, Diageo (LON:DGE), the global leader in beverage alcohol, has made a statement regarding its ownership of the iconic Guinness brand and its...

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  • January 27, 2025

Tesla's Musk suggests DeepSeek 'obviously' has more NVIDIA GPUs than claimed

-- Tesla (NASDAQ:TSLA) CEO Elon Musk has suggested that DeepSeek, the upstart artificial intelligence company, may possess around 50,000 NVIDIA (NASDAQ:NVDA) Hopper...

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  • January 27, 2025

DeepSeek probes outage amid surge in new user signups

-- DeepSeek, a Chinese artificial intelligence chatbot company, has confirmed that it is investigating a service outage that recently occurred. The disruption...

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  • January 27, 2025

Emerson Electric to acquire remaining Aspen Technology shares for $7.2 billion

-- Emerson (NYSE:EMR) Electric, a major player in automation technology, has agreed to purchase the remaining shares of Aspen Technology (NASDAQ:AZPN), a move that...

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  • January 27, 2025

Nvidia stock pullback could extend to 'near $110', technican analyst warns

-- Shares of NVIDIA (NASDAQ:NVDA) fell by 12% in premarket Monday trade as the market reacted to emerging competitive threats in the artificial intelligence (AI)...

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  • January 27, 2025

Friday's Insider Moves: Top Execs Sell as Tech Stocks Surge

This article summarizes the most significant insider buys and sells reported on Friday, January 24, 2025, for US stocks. Top Insider Buys: PBF Energy Inc. (NYSE:PBF): Control...

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  • January 27, 2025

UBS initiates job cuts in Switzerland following Credit Suisse integration - Bloomberg

-- UBS Group AG (NYSE:UBS) has started a series of job cuts in Switzerland, affecting both higher management levels and lower ranks, according to Bloomberg, citing...

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  • January 27, 2025

Why DeepSeek is 'unexpected' positive for semicaps like AMAT, KLAC, LRCX

-- AI-related stocks including those within the semiconductor space fell sharply in premarket trading Monday after Chinese AI startup DeepSeek’s new AI model climbed...

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