Asia And Europe Markets Rise, US Dollar Rebounds – Global Markets Today While US Slept
On Tuesday, April 23rd, the U.S. stock markets closed higher, boosted by strong earnings from major companies and…
UBS Upgrades China Stocks Amid ‘Valuation Collapse’: What Investors Need to Know
UBS Group AG has upgraded China's stock market to Overweight, citing resilient earnings and state fund interventions. Other Asian markets downgraded.
Fosun International On Cusp Of New ‘Asset-Light’ Era With Latest Sale
Key Takeaways:
Fosun International’s total debt-to-capitalization ratio stood at 50.4% at the end of last year, down 2.9 percentage points from the previous year
The company recently announced the sale of most of its stake in Belgian insurer Ageas, and has raised 57.3 billion yuan from similar asset sales over the past two years
Asia Ex-China and Europe Markets Gain, Gold Retreats To $2,310 Amid Diminished Geopolitical Tensions – Global Markets Today While US Slept
On Monday, April 22nd, the U.S. stock markets closed higher, with the S&P 500 and Nasdaq rebounding after…
Nvidia Chips To Power Softbank’s Near $1B AI Investment: Report
SoftBank is set to invest a whopping $960 million over the next two years to create a cutting-edge Japanese-language-specific generative AI model and enhance its computing facilities.
Nvidia’s High-End Chips Ended Up In Chinese Hands Despite US Ban: Here’s How Beijing Scored Them
Despite the U.S. expanding its ban on the sale of such technology to China in November, ten Chinese entities successfully acquired advanced Nvidia chips. These chips were integrated into servers manufactured by Super Micro, Dell, and Gigabyte Technology.
Asia Ex-China And Europe Markets Rise; Gold Falls And Dollar Gains Amid Easing Middle East Conflict Fears – Global Markets Today While US Slept
On Friday, April 19th, the U.S. stock markets closed mixed, influenced by a decrease in Netflix (NASDAQ:NFLX) shares, although American…
Did Tesla Just Trigger Another Brutal Price War In China? Li Auto Blinks First With Up To $4,000 Discount
Li Auto's price cuts range from 2.8% to 5.7%, according to CnEVPost.
Chinese Hackers May Control Your Water And Are Laying in Wait, FBI Warns — 3 Startups To Watch
Hackers can "physically wreak havoc on our critical infrastructure at a time of its choosing," the FBI warns.
