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Trusted News & Timely Insights

    • Category: Emerging Markets

    What will happen to Nvidia shares on Monday? – NVIDIA (NASDAQ:NVDA)
    Frisco

    What will happen to Nvidia shares on Monday? – NVIDIA (NASDAQ:NVDA)

    A government-backed think tank in China has recommended that the country’s data centers continue to use high-performance chips from Nvidia Corp NVDAWarning of the significant costs associated with switching to domestic alternatives. The report called the transition from Nvidia’s GPUs…

    Posted on Bronwen Cerys
    What’s going on with Alibaba shares on Monday? – Alibaba Gr Hldgs (NYSE:BABA)
    Frisco

    What’s going on with Alibaba shares on Monday? – Alibaba Gr Hldgs (NYSE:BABA)

    Alibaba Group Holding Limited BABAalso known as China’s tech barometer, continued to rise on Monday as China announced its stimulus plans last week. China’s central bank plans to cut banks’ reserve requirement ratio (RRR) by 50 basis points, or half…

    Posted on Bronwen Cerys
    Donald Trump’s billions on hold as insiders sell Truth Social shares – Trump Media & Technology (NASDAQ:DJT)
    Frisco

    Donald Trump’s billions on hold as insiders sell Truth Social shares – Trump Media & Technology (NASDAQ:DJT)

    Insider at Trump Media and Technology Group DJT own social media platform Truth Social have started to sell their shares. In the meantime, Donald Trump is still waiting for his chance to cash in on his stake in the social…

    Posted on Bronwen Cerys
    Nvidia Tech drives Chinese AI growth abroad, Alibaba increases investment by billion – Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)
    Alabama

    Nvidia Tech drives Chinese AI growth abroad, Alibaba increases investment by $7 billion – Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)

    Chinese artificial intelligence developers have made a breakthrough in accessing sophisticated AI chips, while US semiconductor sanctions against China undermine their AI ambitions. Chinese AI developers acquire advanced Nvidia Corp NVDA chips without importing them into China by using overseas…

    Posted on Idris Bevan
    Asia mixed, European markets up; Gold steady near all-time high, dollar gains – Global markets today while the US slept – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)
    Washington

    Asia mixed, European markets up; Gold steady near all-time high, dollar gains – Global markets today while the US slept – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)

    On Wednesday, August 21, U.S. stocks closed higher in cautious trading as investors digested a payroll revision and Federal Reserve minutes, cementing expectations for a September rate cut. The upcoming Jackson Hole symposium is adding to market expectations. Turning to…

    Posted on Madoc Meredith
    Asia mixed, European markets gain; Gold remains near all-time high as dollar gains – Global markets today while the US slept – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)
    Washington

    Asia mixed, European markets gain; Gold remains near all-time high as dollar gains – Global markets today while the US slept – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)

    U.S. stock markets closed lower on Tuesday, August 20. The S&P 500, Nasdaq and Dow all posted slight losses, ending an eight-day winning streak. This decline comes as investors take a cautious pause ahead of the Jackson Hole Economic Symposium,…

    Posted on Madoc Meredith
    US energy giant Chevron invests one billion dollars in Bengaluru Tech Centre
    Alabama

    US energy giant Chevron invests one billion dollars in Bengaluru Tech Centre

    The US-based energy powerhouse Chevronhas announced its intention to invest $1 billion (around Rs. 8,390 crore) to build a technology hub in Bengaluru. What happened: Chevron on August 20 unveiled its plan to set up the Chevron Engineering and Innovation…

    Posted on Idris Bevan
    Asia up, Europe mixed; Oil price rises and gold steady near all-time highs – Global markets today while the US slept – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)
    Washington

    Asia up, Europe mixed; Oil price rises and gold steady near all-time highs – Global markets today while the US slept – SmartETFs Asia Pacific Dividend Builder ETF (ARCA:ADIV)

    U.S. stock markets closed higher on Wednesday, August 14, with the S&P 500 extending its winning streak to five sessions, helped by inflation data that pointed to possible rate cuts from the Federal Reserve, while the Nasdaq also rose slightly…

    Posted on Madoc Meredith

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