Forget chips, liquid cooling may be the next big AI trade: these stocks are leading

The rapid expansion of artificial intelligence is creating a new investment opportunity beyond semiconductors and cloud computing as soaring energy demand in data centers drives growing interest in liquid cooling technologies. As AI systems become more powerful, the enormous heat generated by servers is forcing technology companies and hyperscalers to rethink how they cool their… Continue reading Forget chips, liquid cooling may be the next big AI trade: these stocks are leading

US stocks face pressure from rising yields and inflation fears

The strong rally in US equities could face increasing pressure in the final stretch of the corporate earnings season as investors grapple with rising inflation concerns and surging bond yields. The benchmark S&P 500 has shown signs of volatility this week but remains less than 1% below its record high. The index is still up… Continue reading US stocks face pressure from rising yields and inflation fears

Canada’s OMERS to sell 25% stake in Spanish energy firm Exolum

Canadian pension fund OMERS has agreed to sell its 25% stake in Spanish energy logistics company Exolum to European real assets investment firm Stoneshield Capital and another investor, according to a joint statement released on Friday. Under the agreement, Stoneshield will acquire a 15% stake in Exolum. The firm had already purchased close to 5%… Continue reading Canada’s OMERS to sell 25% stake in Spanish energy firm Exolum

Dow futures climb 124 points: 5 things to know before markets open

US stock-index futures advanced on Friday as a pullback in Treasury yields gave investors room to add risk before the opening bell, even as the Middle East conflict remained the market’s central geopolitical overhang. Dow, S&P 500 and Nasdaq 100 futures all climbed, helped by gains in megacap technology and chip stocks. Traders were also… Continue reading Dow futures climb 124 points: 5 things to know before markets open

Citigroup eyes Asia-led wealth expansion with fresh hiring drive

Citigroup plans to allocate a significant share of its global wealth management hiring to Asia, where the bank’s private banking business is expanding faster and delivering stronger productivity than other regions, according to Andy Sieg, Citi’s head of global wealth. The hiring strategy forms part of the bank’s broader effort to strengthen returns from its… Continue reading Citigroup eyes Asia-led wealth expansion with fresh hiring drive

Why Nvidia and Washington are suddenly betting big on Quantum

Quantum computing is quickly moving from a long-term research bet to a serious infrastructure race. Nvidia’s venture arm backed Alice & Bob, a French startup working on less error-prone quantum hardware, just as Washington moved to pump about $2 billion into nine quantum companies. The timing was not accidental, as the surge in investment reflects… Continue reading Why Nvidia and Washington are suddenly betting big on Quantum

European shares rise on optimism over progress in US-Iran talks

European shares moved higher on Friday as investors responded positively to signs of progress in peace talks between the United States and Iran, despite both sides continuing to disagree on several major issues. The pan-European STOXX 600 index rose 0.5% to 623.79 points by 0703 GMT and was on track to close the week with… Continue reading European shares rise on optimism over progress in US-Iran talks

Lenovo Group stock soars after earnings as C&H points key target

Lenovo Group stock price went parabolic today, reaching its highest point on record as its artificial intelligence business fueled its growth momentum. It jumped to $15.72 in Hong Kong, up by 85% from its lowest point this year, making it the best gainer in the Hang Seng Index this year. Lenovo Group revenue surges amid… Continue reading Lenovo Group stock soars after earnings as C&H points key target

Is the FTSE 100 Index about to soar as UK Gilt yields plunge?

The FTSE 100 Index did relatively well this week, rising for four consecutive days and reaching its highest point since May 6 this year. It rose to £10,445 on Thursday, up slightly from the key support of £10,160. So, will the index continue rising as UK gilt yields drop? UK released mixed macro data this… Continue reading Is the FTSE 100 Index about to soar as UK Gilt yields plunge?