bets
SoftBank’s Son ‘cried’ about Nvidia stake sale to fund AI bets
The company needs to raise capital to fund projects including data centre construction[TOKYO] SoftBank Group founder Masayoshi Son said he wouldn’t have sold off Nvidia shares if his company...
Gold falls on stronger US dollar as investors trim rate-cut bets
The US central bank cut interest rates on Wednesday by a quarter of a percentage point for the second time this year[BENGALURU] Gold prices slipped on Monday (Nov 3),...
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s upbeat results offered a boost.At 9.30 am EDT, the Dow...
HP bets on AI personal computers to drive revenue, eyes Asia for growth
At least one in four PCs sold by the US computer maker are AI-enabled and that could grow as customers upgrade[SINGAPORE] The lockdowns stemming from the Covid-19 pandemic drove...
Gold notches fresh high on safe-haven demand, Fed rate-cut bets
Non-yielding gold thrives in a low-interest-rate environment and during economic uncertainties[BENGALURU] Gold prices rose to an all-time high on Tuesday (Oct 7), extending gains to a third session on...
Morgan Stanley bets on post-Brexit pound high in 2026
MORGAN Stanley is betting that the pound will rally after the UK’s November budget to hit a decade-high next year.The US bank recommends that investors take advantage of any...
Gold races past US$3,800/oz level as softer dollar, rate-cut bets lift appeal
GOLD surged above the key US$3,800-per-ounce level for the first time ever on Monday, supported by a weaker dollar and growing expectations that the Federal Reserve will cut interest rates...
LVMH bets on South Korea to spur growth on US, China uncertainty
LVMH is ramping up its expansion in South Korea, with the luxury conglomerate looking to diversify its global presence as geopolitical and economic uncertainties hurt the consumer spending outlook...
Nasdaq 100 gains as weak labour data fuels rate-cut bets
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested weaker-than-expected labour market data ahead of Friday’s closely...
Gold climbs to more than four-month high on US rate-cut bets
[BENGALURU] Gold prices rose to a more than four-month high on Monday (Sep 1), as increased expectations of a US Federal Reserve interest rate cut this month lifted bullion’s...
