Norway wealth fund chief warns on AI job-cut backlash
The CEO of Norway’s $2.2 trillion sovereign wealth fund has urged companies to adopt artificial intelligence (AI) in a way that benefits society
Economy
Economy
Dow rises 110 points as Nasdaq slides on AI fears, oil surge weighs
US stocks opened lower on Tuesday, led by weakness in technology shares, as investors reassessed whether the artificial intelligence boom can sustain its
Economy
US corporate bonds see strong foreign demand led by tech shift
Foreign demand for US investment-grade corporate bonds has remained strong for 15 consecutive months, according to a note by Citigroup, as cited in
Economy
UAE quits OPEC in seismic shift, but Hormuz crisis halts freed-up oil
In a seismic shift for the global oil market, the United Arab Emirates has confirmed its exit from OPEC and OPEC+, effective May
Economy
Standard Chartered, BlackRock, OKX launch tokenised collateral framework
Standard Chartered said on Tuesday it has launched a new framework allowing institutional clients to use BlackRock’s tokenised short-term US Treasury fund as
Economy
Nvidia stock slides as OpenAI fears spark selloff in chip stocks
Semiconductor stocks declined sharply on Tuesday, with Nvidia and its peers coming under pressure after fresh concerns emerged about the financial trajectory of
Gold
Shell to buy ARC Resources for $13.6B to boost reserves, output
Shell Plc has agreed to acquire Canadian energy producer ARC Resources Ltd. in a deal valued at about $13.6 billion, as the oil
Gold
Big Tech shifts to new energy sources amid AI expansion
Big Tech is entering an intensifying race to secure reliable, long-term energy as the rapid expansion of artificial intelligence drives an unprecedented surge
Gold
Corning stock gets expensive and overbought: will itt crash after earnings?
Corning stock price continued its strong uptrend and is now hovering at its all-time high as it became a big winner in the
Gold
Dow Jones rises 96 points as Iran tensions keep Wall Street cautious
Wall Street’s main indexes were muted on Monday, as stalled peace talks between the United States and Iran and rising oil prices kept