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Stock benchmarks are scaling record highs: ‘Animal spirits are soaring’
Traders work on the floor of the New York Stock Exchange (NYSE) on September 03, 2025 in New York City. Spencer Platt | Getty ImagesEquities in several parts of the world have…
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Nvidia, Broadcom, other AI names rally on Oracle’s growth projections
Oracle Corp Chief Executive Larry Ellison during a launch event at the company's headquarters in Redwood Shores, California June 10, 2014.Noah Berger | ReutersOracle's massive…
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Oracle stock booms 40%, on pace for best day since 1992
Oracle stock roared 40% higher on Wednesday after reporting gobsmacking cloud demand numbers, setting the company on track for a historic gain.The cloud giant is on pace for its…
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UK bank tax follows ‘facile and fallacious logic’: Barclays CEO
Key PointsBarclays CEO says an increase in bank levy will force the sector to cut back on hiring and lending to the U.K. economy.C.S. Venkatakrishnan said London was already…
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Asia-Pacific markets track Wall Street gains as Fed rate-cut hopes rise
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024.Cfoto | Future Publishing | Getty ImagesAsia-Pacific markets rose Wednesday, tracking gains on Wall…
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Live updates: Apple Event 2025
Apple is charging $200 to double the iPhone's storageWhile Apple tweaked the starting price of the iPhone 17 Pro, raising it by $100, it said that part of the reason was that it…
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Doing business in China? Factor in deflation
A woman rides an electric scooter by the Beiyuan Grand Hotel in Beijing, China August 11, 2025. Maxim Shemetov | ReutersWhile U.S. companies battle inflation, those in China are…
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Nebius (NBIS) soars on Microsoft (MSFT) AI deal
Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models.Sopa Images | Lightrocket |…
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Nikkei 225, Kospi, Nifty 50
Owngarden | Moment | Getty ImagesJapan's benchmark Nikkei 225 jumped 0.9% to a record high, notching a second straight day of gains after the country's Prime Minister Shigeru…
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Cognition valued at $10.2 billion two months after Windsurf purchase
A smartphone with the logo of U.S. artificial intelligence company Cognition AI Inc.Timon Schneider | SOPA Images | Sipa USA | APCognition, the artificial intelligence startup…
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