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The UK’s main stock indices edged higher on Thursday, supported by gains in materials and financial stocks, as optimism grew over a potential easing of tensions in the Middle East. Investor sentiment improved after US President Donald Trump said that talks between Washington and Tehran would take place on Thursday. The benchmark FTSE 100 rose… Continue reading UK stocks gain as Middle East peace hopes lift sentiment

Hedge funds are on track to deliver their strongest monthly performance in more than a decade, recovering from a sharp downturn in March, as per a Goldman Sachs note, cited in a Reuters report. The recovery follows a difficult period triggered by the Iran war, which had weighed on returns during March. However, improved market… Continue reading Hedge funds eye strongest monthly returns in over a decade

Quantum-computing stocks surged on Thursday after Nvidia unveiled Ising, a new open-source family of AI models designed to tackle some of the field’s most stubborn problems. The market’s reaction was immediate. Shares of IonQ, Rigetti and D-Wave jumped in the wake of the April 14 announcement, extending a broader revival in risk appetite across tech.… Continue reading Nvidia Ising sends quantum stocks soaring, but is it too early to bet?

German banks and national authorities are assessing potential risks linked to a new artificial intelligence model developed by Anthropic, an official said on Thursday. The concerns centre on whether the technology could increase the threat of cyberattacks targeting financial institutions. Kolja Gabriel, a member of the executive board at the German Banking Association, said the… Continue reading German banks assess risks from Anthropic AI model amid cyber concerns

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?