JPMorgan has raised its outlook on Mexican equities to “overweight” while downgrading Brazilian stocks to “neutral,” reflecting a divergence in economic prospects across Latin America. JPMorgan’s upgrade of Mexican stocks stems from the country’s strong economic ties with the United States. Strategist Emy Shayo Cherman explained that resilient US growth is bolstering Mexico’s economy, particularly… Continue reading JPMorgan upgrades Mexican equities while cutting Brazilian outlook
stocktrader
Interview: Indian startups and US firms forge deeper ties, mirroring US-Israel business integration, says UIV’s Bhaskar Majumdar
India’s startup ecosystem, home to over 100 unicorn companies, continues to thrive despite challenges. Between 2014 and mid-2024, it attracted over $150 billion in investments, making it the third-largest in the world. Key sectors such as e-commerce, fintech, and enterprise tech accounted for 52% of the total funding, according to Inc42. Unicorn India Ventures (UIV),… Continue reading Interview: Indian startups and US firms forge deeper ties, mirroring US-Israel business integration, says UIV’s Bhaskar Majumdar
US probes China’s growing influence in legacy chips
The US is preparing to ramp up its trade restrictions on China’s semiconductor industry, this time focusing on legacy chips. With weeks remaining in its term, the Biden administration is poised to launch an investigation into Chinese-made legacy semiconductors, potentially leading to tariffs or import bans, as per a report from The New York Times.… Continue reading US probes China’s growing influence in legacy chips
Nvidia stock dips 5% as Broadcom surges 40% in five days
The post Nvidia stock dips 5% as Broadcom surges 40% in five days appeared first on Invezz
UK launches review on AI training using copyrighted content
The UK government has launched a consultation aimed at addressing the growing tension between AI developers and the creative industries over copyright use. The move seeks to provide clarity on how intellectual property (IP) is acquired and used by AI firms to train their models, ensuring a balance between technological innovation and creator rights. Amid… Continue reading UK launches review on AI training using copyrighted content
Walmart de Mexico hit with 10-year restrictions over supplier practices
Walmart de Mexico, the country’s largest retail chain, faces a significant regulatory blow as Mexico’s Federal Competition Commission imposed a $4.6 million fine for monopolistic practices. The company will operate under stringent conditions for the next 10 years. The regulator accused Walmart of leveraging its dominant market position to pressure suppliers into granting unfair discounts,… Continue reading Walmart de Mexico hit with 10-year restrictions over supplier practices
Metaplanet raises $30 million via zero-interest bonds to grow Bitcoin holdings
Japan-listed company Metaplanet is issuing 4.5 billion yen ($30 million) worth of zero-interest bonds to expand its Bitcoin holdings. This move aligns with its strategy to accumulate the cryptocurrency as a core asset. Metaplanet’s move mirrors MicroStrategy’s widely recognised approach of leveraging corporate reserves to acquire Bitcoin, positioning itself as a Bitcoin-focused business in Japan.… Continue reading Metaplanet raises $30 million via zero-interest bonds to grow Bitcoin holdings
