Arm names ByteDance and Oracle as users of its AI data centre CPUs

Arm Holdings has named ByteDance and Oracle as customers for its artificial intelligence data centre chips, marking a notable disclosure for the UK-based chip designer as it seeks a larger role in the infrastructure powering AI workloads. Chief Executive Officer Rene Haas identified the two companies during an appearance at Computex in Taipei on June… Continue reading Arm names ByteDance and Oracle as users of its AI data centre CPUs

Rolls-Royce share price has recoiled: will it jump to 1,500p in June?

Rolls-Royce’s share price is having a more difficult year than it did in 2025, when it surged to a record high. While it has jumped 21.8% over the past six months, it remains up just 10% year to date. So, is this consolidation a good buying opportunity? Why the Rolls-Royce share price struggling Rolls-Royce Holdings… Continue reading Rolls-Royce share price has recoiled: will it jump to 1,500p in June?

SK Hynix plans major capacity expansion amid continued AI-driven demand

SK Group Chairman Chey Tae-won said on Tuesday that the company’s memory chip subsidiary, SK Hynix, plans to double its wafer capacity over the next five years as demand for advanced semiconductor products continues to grow. Chey made the remarks during the Computex conference in Taipei, where executives from some of the world’s leading technology… Continue reading SK Hynix plans major capacity expansion amid continued AI-driven demand

Nikkei 225 leads Asian markets lower as Middle East tensions hit sentiment

Asian equities fell on Tuesday as doubts over a Middle East ceasefire weighed on risk appetite, offsetting optimism around artificial intelligence funding and potential listings. MSCI’s Asia-Pacific index excluding Japan slipped 0.6% after a volatile open. South Korea’s KOSPI fell as much as 3.3%, while Japan’s Nikkei 225 declined 1.9%. S&P 500 e-mini futures were… Continue reading Nikkei 225 leads Asian markets lower as Middle East tensions hit sentiment

Dow, S&P 500 hit record highs as Nvidia rally offsets oil surge

US stocks advanced on Monday, with the S&P 500 and Nasdaq Composite reaching fresh record highs as gains in technology shares helped offset concerns about rising oil prices and renewed uncertainty surrounding US-Iran negotiations. The S&P 500 rose 0.27% to close at 7,600.03, while the Nasdaq Composite gained 0.43% to 27,087.37. The Dow Jones Industrial… Continue reading Dow, S&P 500 hit record highs as Nvidia rally offsets oil surge

Why analysts are backing Costco despite its post-earnings slump

Costco Wholesale COST shares have come under pressure following the retailer’s latest quarterly earnings report, but several analysts argue that the recent pullback may not reflect the company’s long-term strengths. The stock fell again on Monday, marking its seventh decline in the past eight trading sessions. At around $949.50, Costco was on track for its… Continue reading Why analysts are backing Costco despite its post-earnings slump

Zscaler jumps 10% after Guggenheim upgrade signals 40% upside

Shares of Zscaler surged on Monday after Guggenheim upgraded the cybersecurity company to Buy from Neutral, arguing that the recent selloff has created an attractive entry point for investors despite ongoing concerns about growth. Zscaler shares climbed 10% to $154.11, extending a rebound that put the stock on track for its third consecutive daily gain.… Continue reading Zscaler jumps 10% after Guggenheim upgrade signals 40% upside

Japan stocks have had a record run: Goldman Sachs sees them pushing higher

Japan stock have already had a record run, and one of the largest Wall Street banks believes their rally is far from over yet. Goldman Sachs strategists have raised their 12-month target for the benchmark Topix index to 4,400, indicating potential upside of more than 10% from current levels. According to them, renewed foreign interest,… Continue reading Japan stocks have had a record run: Goldman Sachs sees them pushing higher

Zoom stock jumps as Anthropic IPO plans boost AI investment value

Zoom Communications shares surged on Monday after AI startup Anthropic disclosed plans for an initial public offering, boosting the value of Zoom’s early investment in the company. Shares of Zoom rose 11% to $112.86 after Anthropic disclosed that it had confidentially submitted draft registration paperwork to the US Securities and Exchange Commission for a proposed… Continue reading Zoom stock jumps as Anthropic IPO plans boost AI investment value