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) and cloud computing. The cloud region, called Malaysia West, will house three data centres in the greater Kuala Lumpur area,…
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, up by 32% from its lowest point this year. It remains about 48% below its highest level in 2024. Still,…
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 above $100 even though the listing change will not have an impact on its business. So, what next for the…
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 at $3 on Thursday, a few points above the year-to-date low of $2.80. This article explains why the AMC share…
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 month and 2.8% for the year. Economists, in comparison, were at 0.3% and 2.9%, respectively.Easing inflation tends to be a positive…
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 on Thursday as UK stocks stabilized following the Federal Reserve decision.Airline stocks have lost momentumThe recent IAG share price performance…
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 performance update revealed that Coinbase currently has 3.84 million ETH, valued at approximately $6.8 billion, staked across its validators.While staking…
Topshop, once the crown jewel of British high-street fashion, may be on the verge of a return to physical retail after being limited to online sales since 2021. The brand, which collapsed in 2020 and was later acquired by Asos, has dropped a series of cryptic social media teasers, fuelling…
In January 2025, the National Administrative Department of Statistics (DANE), reported a 2.65% rise in Colombia’s Economic Follow-up Index (ISE). According to local media outlet La Republica, these results mark the seventh successive month of expansion though it is lower than December 2024. The growth path highlights the success of the public…
The Brazilian government said on Wednesday it will keep its 2.3% economic growth forecast for the year. Meanwhile, the inflationary projection has been raised marginally to 4.9% this year from 4.8% previously estimated in February.The adjustments are based on “marginal changes” in the Brazilian economic landscape, as the country attempts to…