Texas Instruments stock price continued its strong rally after publishing strong results and forward guidance. The TXN stock jumped to a high of $196, its highest level since September 3. It has soared by nearly 30% from its lowest level in December.Texas Instruments’ business is thrivingTexas Instruments, a major player…
The Japanese yen has staged a strong comeback in the past few days as investors focused on its potential intervention and the latest actions by the Federal Reserve. The USD/JPY pair was trading at 153, down by 4% from its highest level this year.Concerns about Japanese yen intervention remainThe USD/JPY…
The FTSE 100 Index continued its recent rally this week, helped by the ongoing bank and mining stocks gains. It jumped to a high of £10,208 on Tuesday, up by 35% from its April 2025 lows, as focus now shifts to the UK and Chinese relationship and the upcoming Bank…
Global markets delivered a mixed picture on Wednesday, with Asia-Pacific stocks diverging from Wall Street’s record-setting close, commodities surging to fresh highs, currencies swinging on US dollar weakness, and corporate uncertainty resurfacing at Amazon after a prematurely sent internal email fueled layoff fears. Asian markets mixed as Wall Street hits…
Gold’s blistering run is likely to continue as prices breached the $5,200 per ounce mark on Wednesday for the first time in history. Meanwhile, silver prices on COMEX also climbed above $116 per ounce for the first time earlier on Wednesday as the white metal continued its record-shattering run. Experts believe that…
China has approved its first imports of Nvidia’s H200 artificial intelligence chips, Reuters reported, citing two people familiar with the matter, in a sign Beijing is recalibrating its stance as it weighs rising AI demand against efforts to boost domestic development.The approvals cover several hundred thousand H200 chips and were…
ASML’s latest results underline how deeply artificial intelligence spending is reshaping the semiconductor supply chain. The Dutch chip equipment maker reported a sharp jump in orders and issued stronger-than-expected guidance for 2026, signalling that demand from chipmakers building AI capacity remains resilient. Investors tend to focus on bookings as a…
HSBC share price continued its strong rally and is now sitting at its all-time high, with its market capitalization hitting $300 billion. It has become the sixth biggest bank in the world after JPMorgan, Bank of America, ICBC, Agriculture Bank of China, and China Construction Bank. This article explores whether…
United Parcel Service is pressing ahead with a major restructuring that will see up to 30,000 jobs cut this year, underscoring how costly its separation from Amazon has become as competition intensifies in the US delivery market. The move reflects a strategic shift by the world’s largest parcel carrier to…
South Korean chipmaker SK Hynix is stepping up its push into artificial intelligence by setting up a new US-based company focused on AI solutions, committing at least $10 billion to the effort. The move comes as demand for memory chips accelerates across global markets, driven by the rapid expansion of…