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S&P 500 futures are little changed after Monday’s sharp sell-off: Live updates
Traders work on the floor of the New York Stock Exchange at the opening bell on Jan. 27, 2025 in New York City. Angela Weiss | AFP | Getty Images S&P 500 futures were little changed on Monday night. The action followed a sell-off fueled by worries over the emergence of Chinese startup DeepSeek and […]
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The chip stocks that will benefit the most if funding for Trump’s AI project Stargate comes through
Several semiconductor makers should reap the biggest rewards from President Donald Trump’s Stargate artificial intelligence initiative, tech analysts say. The project — a $500-billion joint venture backed by Oracle , OpenAI and SoftBank — aims to build up AI infrastructure in the U.S. over the next four years. Many on Wall Street expect the project […]
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Asia-Pacific markets track Wall Street gains as Trump pushes for rate cuts
Osaka, Japan. Jiale Tan | Moment | Getty Images Asia-Pacific markets climbed Friday, after the S&P 500 hit record highs on Thursday as U.S. President Donald Trump called for lower interest rates and cheaper oil prices. Japan’s core inflation rate rose to a 16-month high at 3% in December, year on year, boosting the case […]
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From Musk to Nadella: Trump’s $500 billion AI project stirs drama among the biggest names in tech
L-R: Satya Nadella, CEO of Microsoft, Marc Benioff, Chairman and CEO of Salesforce, and Elon Musk, CEO of Tesla and SpaceX. Reuters Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment project. Earlier this week, Trump announced a joint venture with OpenAI, Oracle and Softbank to invest billions […]
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Microsoft loses status as OpenAI’s exclusive cloud provider
U.S. President Donald Trump speaks in the Roosevelt Room of the White House while SoftBank CEO Masayoshi Son, Oracle CTO Larry Ellison, and OpenAI CEO Sam Altman look on on January 21, 2025 in Washington, DC. Trump is expected to announce investment in artificial intelligence (AI) infrastructure. Andrew Harnik | Getty Images News | Getty […]
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Asia-Pacific markets track Wall Street gains; South Korea unexpectedly keeps rates unchanged
People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024. Daniel Ceng | Anadolu | Getty Images Asia-Pacific markets climbed Thursday, after U.S. markets […]
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Asia markets rise as investors assess U.S. inflation data, Japan business sentiment
Pedestrians walk past Japanese national flags decorating a street in the popular tourist area of Ginza as people do last minute shopping before the New Year’s holidays, in central Tokyo on December 30, 2024. Richard A. Brooks | AFP | Getty Images Asia-Pacific markets rose Wednesday, following a softer-than-expected inflation data from the U.S. that […]
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Asia-Pacific markets slip as investors assess Japan pay and household spending data
A customer places a Japanese 10,000 yen banknote on a checkout counter while making a purchase at an Akidai YK supermarket in Tokyo, Japan, on Monday, June 27, 2022. Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets mostly fell Friday, with investors assessing November pay and household spending out from Japan. Real household spending […]
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Nvidia’s tiny $3,000 computer steals the show at CES
Nvidia CEO Jensen Huang speaks about Project Digits personal AI supercomputer for researchers and students during a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Gadgets, robots and vehicles imbued with artificial intelligence will once again vie for attention at the Consumer Electronics Show, as vendors behind […]
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Asia markets set to fall as inflation worries may impede Fed rate cuts; China inflation data in focus
Customers shopping for vegetables at a supermarket in Nanjing, China. Nurphoto | Nurphoto | Getty Images Asia-Pacific markets were set to fall Thursday after U.S. stocks ended a choppy session slightly higher as the Federal Reserve meeting minutes signaled interest rates could stay higher for longer due to sticky inflation. Investors in Asia also await […]
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