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Shares of Nvidia (NVDA) edged higher on Friday as investors turned their attention toward next week’s Computex conference, which could provide the next major catalyst for the world’s most valuable chipmaker. The stock rose about 1% to $215.41 in early trading and is up roughly 15% so far this year. Following last week’s blockbuster earnings… Continue reading Why Nvidia stock is up around 1% today

A Danish pension fund that previously attracted attention for selling US Treasuries and exiting Tesla has said it will not invest in SpaceX, citing concerns over both valuation and corporate governance. AkademikerPension, which manages approximately $25 billion in assets, said the company is grossly overvalued and suffers from what it described as significant governance shortcomings.… Continue reading Danish pension fund rejects SpaceX IPO over valuation and governance concerns

Wall Street opened higher on Friday as investors weighed reports of a possible agreement between the United States and Iran alongside continued optimism surrounding artificial intelligence-driven earnings growth. The Dow Jones Industrial Average rose about 169 points, or 0.33%, while the S&P 500 and Nasdaq Composite gained 0.24% and 0.29%, respectively. The cautious gains followed… Continue reading Dow rises 160 points as AI rally offsets Iran ceasefire uncertainty on Wall Street

The UK’s domestically focused FTSE 250 index moved toward a second consecutive weekly gain on Friday, supported by a sharp rise in Ocado shares following a new agreement with supermarket group Asda and reports suggesting progress in efforts to extend a ceasefire between the United States and Iran. The blue-chip FTSE 100 index rose 0.3%… Continue reading FTSE 250 heads for weekly gain as Ocado jumps on Asda deal

Indian budget carrier IndiGo reported a fourth-quarter loss on Friday as the country’s largest airline faced pressure from domestic capacity constraints, a weakening rupee, and higher fuel prices. The airline posted a loss of 26.62 billion rupees ($280.2 million) for the quarter ended March 31. This compares with a profit of 30.73 billion rupees recorded… Continue reading IndiGo reports quarterly loss as costs surge and capacity falls

Investors are preparing for a crucial week as fresh labor market data and earnings from Broadcom could influence the direction of US stocks. Market participants are weighing whether persistent inflation and the possibility of higher interest rates could threaten the strong rally in equities. US stock indexes continued their upward momentum this week. The benchmark… Continue reading Wall Street awaits payrolls data as rate hike risks return to focus

Dell Technologies shares surged in premarket trading on Friday after the company delivered stronger-than-expected quarterly results and sharply raised its financial outlook, reinforcing Wall Street’s growing belief that the artificial intelligence infrastructure spending boom still has significant room to run. The server and enterprise infrastructure company, which has become a major supplier of Nvidia-powered AI… Continue reading Dell jumps as blockbuster AI demand boosts outlook, analysts see long growth runway

US stock index futures were little changed on Friday after Wall Street closed at record highs in the previous session, with investors awaiting details on reports that Washington and Tehran had agreed to extend a ceasefire. The deal still requires approval from President Donald Trump. The S&P 500 was on course for a ninth straight… Continue reading Dow futures rise 120 points: 5 things to know before Wall Street opens

Some Japanese financial institutions have been granted access to OpenAI’s GPT-5.5 model to help strengthen their defences against cyberattacks, Japanese Finance Minister Satsuki Katayama said on Friday. Katayama described the development as a significant advancement for Japan’s financial sector following a meeting in Tokyo with Jason Kwon, OpenAI’s chief strategy officer. Government welcomes AI-driven cybersecurity… Continue reading Japan banks gain access to OpenAI GPT-5.5 for cyber defense