Markets & Equities

Premarket: Intel, Micron and AMD fall 6% as the AI slowdown call meets $108 oil

The AI chip chain is being sold before the bell and the software that sits on top of it is…

2 weeks ago

Firmus kicks off a A$7 billion IPO: OpenAI anchors Australia’s biggest float since Telstra

Firmus Technologies began pitching investors on Monday for an initial public offering that could raise as much as A$7 billion,…

2 weeks ago

South Korea’s ICT exports hit a record. Without them, it ran a $6.6 billion trade deficit

South Korea exported a record $59.98 billion of information and communications technology products in August, up 162.6% from a year…

2 weeks ago

Anthropic is the $13.7 billion GPU customer in Trump-linked RUM Group’s deal: report

Anthropic is the previously unnamed customer that agreed last month to buy about $13.7 billion of AI computing services from…

2 weeks ago

SoftBank shares sink nearly 12% as AI slowdown talk hits its $64.6 billion OpenAI bet

SoftBank Group shares fell nearly 12% in Tokyo on Monday, the steepest drop among the major Asian AI stocks TECHi…

2 weeks ago

SK hynix falls 5%, KOSPI drops 3% as Asia’s chip stocks slide after AI slowdown call

Shares of SK hynix fell 5.4% and Samsung Electronics 3.4% in the first 20 minutes of trading in Seoul on…

2 weeks ago

Anthropic expects a second profitable quarter as its IPO nears, FT reports

Anthropic has told its shareholders it expects positive adjusted operating income for a second consecutive quarter, the Financial Times reported…

2 weeks ago

Nasdaq futures drop 1.2% at Sunday open, twice the S&P 500, as oil tops $103

U.S. stock futures opened lower on Sunday evening, and the selling was heaviest in the index most tied to artificial…

2 weeks ago

Why HPE Stock Jumped 12%: Oracle Capex, $30B Supplier Bill

Hewlett Packard Enterprise shares rose 12.4% on Friday, September 11, to $62.09, the company's highest close since it began trading…

2 weeks ago

Microsoft Stock: Azure’s revenue is finally public. Its margin isn’t

For the first time, Microsoft has put a dollar figure on Azure, its cloud computing business: $101.9 billion in revenue…

2 weeks ago