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SpaceX and OpenAI are racing toward blockbuster public listings that could redefine the next phase of the artificial intelligence investment boom, though analysts say the two companies represent sharply different propositions for investors despite their shared trillion-dollar ambitions. The expected offerings have intensified comparisons between Elon Musk’s SpaceX and Sam Altman-led OpenAI, particularly after Musk’s… Continue reading SpaceX vs OpenAI: Which IPO could deliver bigger returns?

UK shares moved higher on Wednesday as hopes of progress in the Iran conflict pushed oil prices lower and improved investor sentiment. Gains in defence companies and upbeat corporate updates also supported the market rally. The benchmark FTSE 100 index rose 0.2% to 10,509.08 points during mid-session trading. The index extended gains for an eighth… Continue reading UK stocks gain as easing oil prices lift investor sentiment

Indian stocks are on track for their first annual decline in more than a decade, according to a Reuters poll of equity analysts, as sustained foreign investor outflows and limited participation in the global artificial intelligence (AI) rally weigh heavily on market sentiment. Benchmark equity indices in the world’s fastest-growing major economy have underperformed most… Continue reading India markets eye first annual drop since 2015 amid foreign outflows

Barclays has made another big call on the memory-chip trade, raising its price targets on both Micron Technology and SanDisk as artificial intelligence keeps reshaping demand for DRAM and NAND chips. The move comes just after Micron crossed the $1 trillion market-value mark on Tuesday, a milestone that shows how quickly the memory cycle has… Continue reading Is Barclays betting on a bigger breakout in Micron and SanDisk?

Shares of AkzoNobel surged on Wednesday after the Dutch paints and coatings maker disclosed that it had rejected a €12.49 billion ($14.53 billion) takeover proposal from Japan’s Nippon Paint Holdings and US-based Sherwin-Williams. The stock climbed as much as 17% in early European trading to 61.38 euros, wiping out losses accumulated earlier this year, after… Continue reading AkzoNobel jumps after rejecting takeover bid from Nippon Paint and Sherwin-Williams

US stock index futures advanced on Wednesday as enthusiasm around artificial intelligence continued to support risk appetite and investors stayed cautiously optimistic about a potential US-Iran deal. S&P 500 futures rose 0.15%, Dow Jones Industrial Average futures added 119 points, or 0.24%, and Nasdaq 100 futures gained 0.23%, pointing to a firmer start on Wall… Continue reading Dow futures surge 120 points: 5 things to know before Wall Street opens

TheSportExchange, a performance-linked digital asset marketplace, has announced a multi-year strategic partnership with Croatian Football Federation (HNS), the governing body of Croatia’s national football team. As part of the partnership, Croatia Keys are now live on the platform. The digital participation assets are tied to Croatia’s performance across international tournaments on an ongoing basis. TheSportExchange… Continue reading TheSportExchange announces strategic deal with Croatian Football Federation