European markets to open higher as Trump weighs Iran proposal

European stocks are expected to open higher on Tuesday as investors track geopolitical developments and prepare for a busy earnings and central bank calendar. European markets point to modest gains According to market data from IG, the UK’s FTSE 100 index is expected to open slightly higher. Germany’s DAX is projected to rise by 0.23%,… Continue reading European markets to open higher as Trump weighs Iran proposal

China data center capacity to double by 2030 driven by AI, HPC: Rystad

China is set to significantly expand its digital infrastructure, with new analysis from Rystad Energy projecting the country will nearly double its data center capacity over the next five years.  An anticipated 28 gigawatts (GW) of new projects are expected to come online by 2030, building on the 32 GW already installed by the end… Continue reading China data center capacity to double by 2030 driven by AI, HPC: Rystad

This AI IPO surged 400% on its Hong Kong stock market debut

Lightelligence turned what might have been a routine listing into a full-blown market spectacle on Tuesday, with its shares surging as much as 408% to HK$930 after pricing at HK$183.20 in Hong Kong. The scale of the jump immediately set it apart as one of the most explosive debuts in recent memory. The Shanghai-based photonics… Continue reading This AI IPO surged 400% on its Hong Kong stock market debut

Here’s why the Nikkei 225 Index may surge despite hawkish BoJ tilt

The Nikkei 225 Index slipped a bit after the Bank of Japan (BoJ) delivered its interest rate decision amid the ongoing US-Iran war. It dropped to ¥59,920 on Thursday, down slightly from the year-to-date high of ¥60,592. Bank of Japan interest rate decision  Japanese stocks retreated as market participants reflected on the latest BoJ interest… Continue reading Here’s why the Nikkei 225 Index may surge despite hawkish BoJ tilt

Why is OpenAI missing targets even as AI investment hits record highs?

OpenAI is discovering that scale in artificial intelligence does not automatically translate into momentum. As per a recent Wall Street Journal report, the ChatGPT maker has fallen short of internal goals for both new users and revenue in recent months. The misses include a target to reach 1 billion weekly active users by the end… Continue reading Why is OpenAI missing targets even as AI investment hits record highs?

Kospi hits record as Asian markets mixed on tech rally and caution

Asian markets opened with a mixed tone on Tuesday, as Japan and South Korea attempted to extend a powerful technology-led advance, while the rest of the region moved cautiously. The broader mood was one of consolidation rather than euphoria. MSCI’s Asia-Pacific index outside Japan eased 0.12%, while Japan’s Nikkei slipped 0.5% after setting a fresh… Continue reading Kospi hits record as Asian markets mixed on tech rally and caution

Dow dips as S&P 500, Nasdaq hit records amid oil surge fears

US stocks ended mixed on Monday, with the S&P 500 and Nasdaq Composite closing at fresh record highs, while the Dow Jones Industrial Average edged lower as rising oil prices and geopolitical uncertainty tempered investor sentiment. The S&P 500 gained 0.12% to close at 7,173.91, while the Nasdaq Composite added 0.20% to settle at 24,887.10.… Continue reading Dow dips as S&P 500, Nasdaq hit records amid oil surge fears

Evening digest: OpenAI-Microsoft shift, China blocks Meta AI deal

Global markets and technology sectors saw significant developments on Monday, as OpenAI and Microsoft reworked their partnership to allow broader cloud distribution, China moved to block Meta Platforms’ planned acquisition of Manus, US officials weighed Iran’s latest proposal amid ongoing tensions, and oil prices surged on supply concerns linked to disruptions in the Strait of… Continue reading Evening digest: OpenAI-Microsoft shift, China blocks Meta AI deal

China’s AI ambitions face limits as Meta-Manus deal unravels

China’s order for Meta Platforms to unwind its $2 billion acquisition of artificial intelligence startup Manus is less about a single deal and more about a broader tension shaping the country’s tech strategy: how to build global champions without losing control. The episode highlights a recurring dilemma for Beijing. While policymakers want domestic firms to… Continue reading China’s AI ambitions face limits as Meta-Manus deal unravels