Posts in category Economic Times
Nvidia’s profit soars, underscoring its dominance in chips for artificial intelligence (23-05-2024)
Nvidia's profit soared, driven by AI dominance and CEO Jensen Huang's vision of 'AI factories' creating artificial intelligence. The company reported a sevenfold increase in net income and a 10-for-1 stock split, with shares rising 6% in after-hours trading.
US House passes crypto bill despite warnings from SEC (23-05-2024)
The House approval comes as the U.S. Securities and Exchange Commission (SEC) signals that it will likely approve applications for spot ether exchange-trade funds in a surprising boost to the industry.
BHP shares fall after Anglo American rejects third proposal (23-05-2024)
BHP, the world's biggest listed mining group, now has until May 29 to make a binding offer for Anglo American or it will be forced to walk away for at least six months, under the UK's takeover rules.
Asia stocks weaken on the patient approach to rate cuts (23-05-2024)
MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57%. Australia's S&P/ASX 200 index was one of the biggest decliners, slumping 0.8%, also hurt by a pullback in some commodity prices.