SoftBank to acquire Ampere Computing in $6.5B deal
SoftBank Group Corp. has announced it will acquire US-based chip startup Ampere Computing in an all-cash deal worth $6.5 billion. The move reinforces SoftBank’s expanding focus on artificial intelligence, positioning…
Asian stocks jump after US Fed’s decision: Kospi up 0.5%
Asian stock markets traded mostly higher on Thursday, following a strong session on Wall Street after the US Federal Reserve reaffirmed its expectation of two rate cuts later this year.…
Power Solutions stock price analysis: key targets ahead of earnings
The Power Solutions stock price has bounced back in the past few days as market participants waited for its quarterly and annual financial results. The PSIX stock rose to $35…
Microsoft Malaysia to launch cloud region with three data centres by mid-2025
Microsoft is set to launch its first cloud region in Malaysia by mid-2025, marking a significant step in the country’s push to become a regional hub for artificial intelligence (AI)…
Signet stock price surges, but a risky pattern points to a crash
The Signet Jewelers stock price jumped by over 17% on Wednesday after the company published better-than-expected results and unveiled a reorganization plan. SIG shares jumped to a high of $60.27,…
Shopify stock price giant megaphone points to a strong surge
The Shopify stock price rose on Wednesday after the Canadian company filed to change its US listing from the New York Stock Exchange (NYSE) to the Nasdaq. It moved back…
Here’s why AMC stock price may jump by at least 25% this year
AMC stock price has remained in a tight range this year as investors focus on its recent financial earnings and the Box Office outlook for the year. It was trading…
Gap and Ralph Lauren: 2 retail stocks to buy after February inflation data
Retail stocks are looking more attractive after a more subdued inflation data for February. Last week, the Bureau of Labour Statistics reported the consumer price index at 0.2% for the…
IAG share price has crashed: to get worse before rebounding
IAG share price has crawled back in the past six consecutive days as investors bought the dip following a 25% dip earlier this month. The stock was trading at 300p…
Coinbase becomes Ethereum’s largest node operator, controlling 11.42% share
Coinbase has become the largest single node operator in the Ethereum network, holding 11.42% of the total staked Ether (ETH), according to a new report by the crypto exchange. The…