European shares moved slightly higher on Tuesday after investors reacted positively to signs of easing geopolitical tensions between the United States and Iran. Markets also assessed corporate developments, including Standard Chartered’s large-scale restructuring plans tied to artificial intelligence adoption.The pan-European STOXX 600 index rose 0.2% to 611.22 points as of…
Lloyds Bank share price rose for two consecutive days, beating some of its top rivals like NatWest and Barclays. It rose modestly as the company mapped plans to expand in the United States, as it targets the fast-growing data center business. It was trading at 96.40p, up from this month’s…
Nvidia’s stake in a fast-growing artificial intelligence infrastructure company is drawing renewed attention from investors across Wall Street.That attention intensified after the AI chip giant nearly doubled its holdings in CoreWeave, one of the hottest names in the AI infrastructure trade.The company operates a GPU-as-a-service “neocloud” platform, renting high-performance AI…
IG Group share price has gone parabolic and hit its all-time high after the company published strong financial results and boosted its forward guidance. It soared to a record high of 1,717p, becoming the best performing company in the FTSE 100 Index. It has jumped by over 53% this year,…
Sleepagotchi, the Solana-based health and wellness platform where 78% of users open the app within 10 minutes of waking, today announced its next chapter: the launch of its AI Sleep Coach MVP and strategic leadership transition. The company is graduating from gamified sleep-to-earn mechanics into “The Intelligence Layer for the…
Blackstone is backing Google’s artificial intelligence ambitions with a major investment in a new data center venture built around Google’s in-house AI chips.The alternative-asset giant is committing an initial $5 billion in equity to a new US-based AI cloud venture with Google, with plans to bring 500 megawatts of data…
US stock index futures fell on Tuesday as weakness in semiconductor shares added to concerns over inflation, elevated bond yields and the outlook for corporate earnings.The decline came after technology shares led Wall Street lower on Monday, with investors reassessing the valuations of growth companies that have driven US benchmarks…
Following Prime Minister Narendra Modi’s call for Indians to conserve fuel and save foreign exchange as the country grapples with the fallout of the Iran war, state-run institutions, public sector companies and corporates are rolling out wide-ranging austerity and energy-saving measures.Addressing a public gathering in Hyderabad last Sunday, Modi urged…
The International Monetary Fund (IMF) raised its growth forecast for the UK economy on Monday but warned that growing domestic uncertainty and political instability could weigh on spending and investment.In its annual assessment of the British economy, the IMF said the UK economy would grow by 1.0% this year. The…
President Donald Trump is set to swear in Kevin Warsh as the next chair of the Federal Reserve during a White House ceremony on Friday, marking the beginning of a closely watched leadership transition at the US central bank.A White House official confirmed that the ceremony will take place on…