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Wall Street heads into Thursday’s open with momentum still intact, but the next leg of the rally looks harder to earn. Investors have spent the past week looking through geopolitical risk and focusing instead on the possibility that the worst of the conflict may be over. S&P 500 futures rose 0.19%, while Nasdaq 100 futures… Continue reading Dow futures surge on Thursday: 5 things to know before market opens

A growing number of companies across industries are abandoning their original business models to chase opportunities in artificial intelligence, as a global surge in demand for computing power reshapes corporate strategy. From cryptocurrency miners reinventing themselves as data-centre operators to legacy consumer brands attempting dramatic reinventions, the AI boom is increasingly driving unlikely pivots —… Continue reading Allbirds goes from making shoes to building AI infra, and it’s not alone

 SoftBank Group Corp. raised about $3.5 billion through a dual-currency bond offering, as the Japanese investment firm moves to refinance debt and partly repay a bridge loan tied to investments in OpenAI. The company secured $1.5 billion via dollar-denominated bonds and 1.75 billion euros ($2.06 billion) through euro-denominated notes, as stated in a filing on… Continue reading SoftBank raises $1.5B, €1.75B in global bond markets

TSMC reported a record first-quarter profit, beating expectations as demand for advanced processors used in artificial intelligence systems remained strong. The result reinforces the company’s central role in the global AI build-out and suggests the chip spending cycle still has momentum, even as investors watch for signs of strain in supply chains and end-demand. The… Continue reading TSMC Q1 earnings break records, but why isn’t the stock moving?

Trend Micro stock surged on Thursday after the Japanese cybersecurity company unveiled a strategic tie-up with Anthropic. The stock jumped nearly 12% to 6,100 yen and briefly touched 6,294 yen, a near three-month high, putting it among the day’s best performers on the Nikkei 225. The immediate spark was the announcement that TrendAI, the company’s… Continue reading Trend Micro stock hits record: can Anthropic make it top cyber player?

Chinese energy storage systems maker Sigenergy Technology made a strong debut in Hong Kong after raising HK$4.4 billion, or about $562 million, in its initial public offering. The stock opened at HK$581, against a listing price of HK$324.20, marking a jump of roughly 79.2% and making it one of the standout new listings in the… Continue reading Why Sigenergy stock surged nearly 80% on Hong Kong debut?

Asian markets opened higher on Thursday as optimism over a possible US-Iran deal extended the risk-on mood from Wall Street, where the S&P 500 and Nasdaq closed at record highs. The shift from “set to rise” to actual gains matters because it confirms investors are acting on improving sentiment rather than merely signalling intent ahead… Continue reading Nikkei 225 hits record high as Asian markets rally on risk-on mood