Browsing Category
Politics
Elon Musk PAC data backs Trump over Harris in election
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | ReutersIf a…
Global sell-off, FTSE 100, Bank of England rate cut
The lights of Frankfurt am Main's banking skyline glow in the last light of day.Boris Roessler | Picture Alliance | Getty ImagesLONDON — European stocks extended losses on Friday amid a global downturn, as weak U.S. economic data sparked…
Job growth totals 114,000 in July, much less than expected, as unemployment
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, the Labor Department reported Friday.Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly revised 179,000…
Nvidia shares fall after report that it faces a US DOJ antitrust probe
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty ImagesThe U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in artificial…
ExxonMobil (XOM) earnings Q2 2024
An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023.Al Drago | Bloomberg | Getty ImagesExxonMobil on Friday posted its second highest results for the second quarter in the past decade, as the company achieved record…
Why all chip firms are not benefiting from the AI boom like Nvidia
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024. David Paul Morris/Bloomberg via Getty ImagesNot all chip firms are…
Intel share plunge drags down global chip stocks from TSMC to Samsung
Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will…
Nintendo profit plunges 55% as sales of its ageing Switch console fall
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda.Charly Triballeau | AFP | Getty ImagesNintendo on Friday reported revenue and profit that plunged in…
MAS sets up review group in bid to revive its SGX development
Signage for the Monetary Authority of Singapore (MAS) is displayed outside the central bank's headquarters in Singapore.Sam Kang Li | Bloomberg | Getty ImagesSingapore's central bank has established a task force to bolster the…
Japan stock sell-off shows its market is undergoing a “fundamental shift”
A pedestrian looks at an electronic stock board outside a securities firm in Tokyo, Japan, on Tuesday, Dec. 25, 2018.Shoko Takayasu | Bloomberg | Getty ImagesJapan's stock markets have hit a six-month low, declining for two straight…