Broadcom extends Apple chip partnership through 2031, stock climbs 5%
Broadcom Inc. AVGO shares rose 5.3% in trading on Monday after the semiconductor company announced an extension of its long-standing partnership with Apple
Bitcoin
Bitcoin
Oracle shares rose as investors reassess AI-driven sell-off
Oracle Corp. (ORCL) shares gained 1.3% on Monday as investors returned to the stock following a sharp, debt-driven sell-off, amid improving broader market
Bitcoin
Tesla stock up 3% today after Thursday’s selloff: what’s behind the rebound?
Tesla stock (TSLA) rose on Monday, recovering some of last week’s sharp losses after investors sold the stock despite a stronger-than-expected second-quarter delivery
Investing
US dollar gains slightly despite softer labour market signals
The US Dollar Index (DXY), which measures the US Dollar against a basket of six major currencies, edged higher during Asian trading hours
Investing
Markets hold steady as investors await US data and central bank signals
Global markets began the week on a cautious note as investors awaited the return of normal trading conditions following the three-day weekend in
Gold
European markets close higher as STOXX 600 hits record, FTSE posts weekly gains
Europe’s major stock markets ended higher on Friday, with the pan-European STOXX 600 and Germany’s DAX reaching fresh record highs as investors welcomed
Gold
GS economist sees AI displacing 15M US workers over a decade, but there’s a catch
A Goldman Sachs economist expects artificial intelligence to displace more than 15 million US workers over the next decade, but argues that the
Gold
Oil prices steady as US-Iran talks offset rising Middle East supply fears
Oil prices were little changed on Friday, with benchmark crude posting only modest gains as investors balanced optimism over ongoing US-Iran negotiations against
Gold
Gold climbs over 1% as weak US jobs data dims Fed rate hike expectations
Gold prices rose more than 1% on Friday, putting the precious metal on track for its first weekly gain in five weeks after
Gold
Bitcoin tops $62K as whales buy $16.7B while ETF outflows hit record
Bitcoin climbed above $62,000 on Friday as large holders continued accumulating the cryptocurrency despite record outflows from US spot Bitcoin exchange-traded funds (ETFs),