Key Points: Victory Giant plans to raise to $2.23 billion in a massive Hong Kong share offering. The printed circuit board maker will use 74% of the new funds to expand its Chinese factories. High-profile cornerstone investors agreed to buy...
Key Points: Global oil prices spiked past $100 per barrel after peace talks between the United States and Iran collapsed. Brent crude futures jumped nearly 8% to hit $102.80, while US West Texas Intermediate soared to $104.88. President Donald Trump ordered the US Navy to blockade all maritime traffic moving in and out of Iranian...
Key Points: A fragile ceasefire between the United States and Iran has bond traders worrying about long-term inflation. The March inflation report showed a massive 0.9% jump in consumer prices, driven by soaring energy costs. Bond traders pushed their expectations for the next Federal Reserve interest rate cut back to mid-2027. A strong labor market...
Key Points: More than 25% of Gen Z adults opened at least one new credit card over the past year. FICO data shows 48% of Gen Z relied on credit cards to survive job loss or income reduction. The average Gen Z credit score recently dropped to 678, falling well below the national average of...
Key Points: A new survey shows 55% of European drivers are now open to purchasing a Chinese-branded vehicle. Outright rejection...
Key Points: United States and Iranian officials held direct three-way peace negotiations in Islamabad to end the six-week Middle East...
Key Points: The Federal Reserve asked major United States banks to report their exact financial exposure to the private credit...
Key Points: Bitcoin prices climbed 1.7% to $73,061.2, putting the cryptocurrency on track for a massive 9% weekly gain. The...
Key Points: International Business Machines Corporation will pay over $17 million to settle claims that its diversity programs violated federal...
Key Points: Gold prices hover near $4,757 an ounce ahead of critical peace talks between the United States and Iran....
Key Points: Bank of America surveyed fund managers who quickly closed short positions on the US dollar. Traders view the...
Key Points: TSMC reported a massive 35% revenue increase during the first quarter. Global semiconductor spending will hit an incredible...
Key Points: Tech giants like Meta, Amazon, and Google are paying for new nuclear reactors to run their power-hungry artificial...
Key Points: Alibaba Cloud led a 2 billion yuan ($290 million) funding round for artificial intelligence startup ShengShu. Technology companies...
Key Points: Apple will shut down its Towson, Maryland location, the company's first unionized retail store. More than 100 workers...
Key Points: Anthropic is looking into designing its own AI chips to beat industry hardware shortages. The company hit a...
Key Points: xAI filed a federal lawsuit to stop Colorado from enforcing Senate Bill 24-205 when it takes effect on...
Key Points: Google is committed to using multiple generations of Intel Xeon 6 processors for its artificial intelligence data centers....
Key Points: The S&P 500 rose 0.64%, and the Dow Jones gained 0.66% after Israel announced direct negotiations with Lebanon....
Key Points: Starlink and US Mobile teamed up to offer a brand new bundle that combines home satellite internet with...
Key Points: West Texas Intermediate crude hit $101 before settling near $98 a barrel amid ongoing Middle East tensions. The...
Key Points: Gen Z investors currently account for 34.0% of all new IRA contributions this year, beating millennials at 20.0%....
Key Points: Florida Attorney General James Uthmeier officially opened an investigation into OpenAI and its popular ChatGPT platform. The state...
Key Points: Walt Disney plans to eliminate up to 1,000 jobs in the coming weeks, primarily targeting its marketing department....
Key Points: A new government-backed report reveals that repetitive financial risk warnings actively scare British citizens away from investing in...
Key Points: A federal appeals court in Washington refused to temporarily stop the Department of Defense from blacklisting Anthropic. The...
Key Points: The Federal Communications Commission will vote on April 30 to stop all Chinese laboratories from testing electronic devices...
Key Points: A 2-week ceasefire in Iran started on Wednesday, but the Trump administration and Iranian officials immediately clashed over...
Key Points: LG Innotek is moving from just supplying parts to offering complete solutions. Physical AI, like robotics and self-driving...
Key Points: United States stock markets experienced massive gains, while oil prices dropped by over 12.0% following news of a...
Key Points: Cybercriminals successfully stole 7.7 terabytes of sensitive internal data from the Los Angeles Police Department. The leaked information...
Key Points: Meta officially launched Muse Spark, the first artificial intelligence model created by its highly funded superintelligence team. The...
Key Points: Global spending on semiconductors will reach a staggering $1.3 trillion in 2026, marking a 64.0% increase from the...
Key Points: Sigenergy Technology Co aims to raise HK$4.40 billion in its upcoming public stock offering. The company will price...
Key Points: The Standard & Poor's 500 index lost 4.6% in the first quarter, marking its worst quarterly performance since...
Key Points: Federal Reserve Vice Chair Philip Jefferson believes current short-term borrowing costs sit at the exact right level to...
