War Turmoil Saps Asian Reserves With Philippines, India Hit MostNew!!
Foreign-exchange reserves are slumping across Asia as policymakers shell out funds to defend their currencies against the spike in oil prices caused by the Iran war.
Blackstone REIT Raises $1.75 Billion in IPO to Buy Data CentersNew!!
Blackstone Digital Infrastructure Trust Inc. raised $1.75 billion in a US initial public offering, as investors’ appetite for artificial intelligence infrastructure shows no sign of easing.
Chip IPO Highlights Malaysia Deals Surging Toward 13-Year HighNew!!
Initial public offerings are booming in Malaysia and a wave of upcoming listings including by a chip design firm is powering the market toward the biggest volume in 13 years.
ASX Names Former Euronext Paris Chief Anthony Attia as CEONew!!
ASX Ltd. named Euronext NV executive Anthony Attia as its new leader, concluding a global search after Helen Lofthouse said earlier this year she would depart Australia’s main exchange operator.
Cisco to cut jobs so it can invest more in AI, and the stock rockets toward a recordNew!!
Cisco’s stock soars into record territory, after the networking giant announced plans to invest more in AI and upbeat earnings report.
20 stocks in the S&P 500 of companies with soaring sales and improving profit marginsNew!!
This earnings season’s big winners include makers of AI-oriented hardware, but the list also includes some surprises.
Cerebras’s massive IPO will be a fresh test of investor excitement for AI infrastructureNew!!
Late Wednesday, the company priced its IPO at $185 a share, far above the top of its previously announced range of $150-$160.
Retailers keep tinkering with their AI shopping assistants, in search of better serviceNew!!
Amazon will combine its Rufus AI shopping assistant with its Alexa+ platform, just two weeks after CEO Andy Jassy sang Rufus’s praises.
The Iran war could be a $300 billion shock — driving up mortgage rates and squeezing wagesNew!!
The Trump administration and Congress can act now to bring down energy costs and make Americans’ lives more affordable.
Inflation will likely be higher for longer. Your retirement plan isn’t built for that.New!!
Official CPI masks double-digit spikes in healthcare, insurance and energy. Meanwhile, an outdated strategy quietly drains your portfolio.