Street
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Arm’s shares rise as Wall Street eyes IPO lock-up expiration
SHARES of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1 per cent to US$129.50 on Tuesday (Mar 12) as markets braced for increased trading activity following…
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Wall Street Is Turning Bitcoin Into An ‘Asset,’ But It Has Yet To Explain A Couple Of Things To Investors
After getting the “blessings” of the SEC, Wall Street is turning Bitcoin into an asset, a store of wealth. It has launched a dozen Bitcoin ETFs, which allow investors to…
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Asia: Markets join rally after Wall Street, European records
ASIAN markets on Friday tracked a record-breaking day in New York and Europe as traders grew increasingly optimistic for a series of US interest rate cuts this year, with attention…
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Singapore stocks track Wall Street losses on Tuesday; STI down 0.5%
SINGAPORE shares ended lower on Tuesday (Mar 5), tracking losses on Wall Street. The benchmark Straits Times Index (STI) was down 0.5 per cent or 15.11 points to 3,107.1. Across…
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Riding High On AI, Nvidia Is No Bubble, Says Wall Street
The emergence of AI bots like OpenAI’s ChatGPT and Google’s Bard has fueled a massive rise in share prices of chip-making juggernaut Nvidia, with its skyrocketing stock now making it…
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Wall Street Watches As Nvidia Surpasses $2 Trillion Valuation; Intuitive Machines Soars With Lunar Success
In a historic development on Wall Street, Nvidia Corporation has reached a monumental milestone, becoming the first semiconductor company to surpass a valuation of $2 trillion. The chipmaker’s shares surged…
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Nvidia hits US$2 trillion valuation as AI frenzy grips Wall Street
NVIDIA hit US$2 trillion in market value on Friday (Feb 23), riding on an insatiable demand for its chips that made the Silicon Valley firm the pioneer of the generative…
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US: Wall Street opens higher on Nvidia’s big surge
WALL Street’s main indexes opened higher on Thursday (Feb 22) as Nvidia’s bumper results and forecast powers an AI-led rally that has propelled Wall Street to record highs this year.…
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More Wall Street firms are flip-flopping on climate. Here’s why.
MANY of the world’s biggest financial firms spent the past several years burnishing their environmental images by pledging to use their financial muscle to fight climate change. Now, Wall Street…
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Asia: Stocks lower after Wall Street losses
ASIAN markets were mostly down on Wednesday, tracking US losses as investors await a key tech earnings report and Fed policy meeting minutes later in the day. The tech-rich Nasdaq…
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Asia: Markets rally after Wall Street highs
ASIAN markets rose on Friday, supported by Wall Street and eurozone records, as traders shrugged off weak US retail sales and recession in Britain and Japan. US and European stocks…
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JPMorgan, State Street drop out of largest investor climate group
JPMORGAN Chase’s asset management arm and State Street said on Thursday (Feb 15) they would withdraw from the largest investor coalition focused on convincing the corporate world to act on…
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Asia: Markets mostly up, tracking Wall Street gains
MOST Asian markets rose on Thursday (Feb 15), tracking a rebound in Europe and New York and following positive remarks from a senior Federal Reserve official that inflation was headed…