Nvidia shares pop 3% in premarket as tech giant nears historic $5 trillion valuation
Nvidia is on track to become the first company to cross the $5 trillion market value threshold.
Trump signals plans to discuss Nvidia’s ‘super duper’ chips during talks with China’s Xi
U.S. President Donald Trump says he plans to discuss Nvidia’s advanced Blackwell AI chips with Chinese President Xi Jinping later this week.
Jaguar Land Rover’s cyberattack holds an ominous lesson for British businesses
The attack on Jaguar Land Rover could be the most economically damaging in UK history. Now, attention turns to what happens next.
UBS posts 74% jump in third-quarter profit, beating expectations
Swiss banking giant UBS on Wednesday reported stronger-than-expected third-quarter net profit, citing significant momentum in its core businesses.
The Fed’s balance sheet takes center stage as liquidity concerns rise
The Federal Reserve is widely expected to cut interest rates when it meets on Wednesday with little to no room for a surprise.
Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’ with China’s Xi
Trump said he expects to lower fentanyl-linked tariffs on China ahead of a much-anticipated meeting with Chinese Xi Jinping in South Korea.
Australia’s inflation tops forecasts at 3.2%, highest in over a year
The figure also pushed inflation beyond the Reserve Bank of Australia’s 2%–3% target band for the first time since the second quarter of 2024.
Japan stocks hit record high amid mixed trading in the region as investors look toward Fed rate decision
Asia-Pacific markets traded higher as investors await the Federal Reserve’s interest rate decision later in in the day.
AI, bitcoin and e-commerce trades lead Sohn conference’s best ideas
Emerging hedge fund managers touted their best ideas at the Sohn San Francisco investment conference on Tuesday.
Nvidia-supplier SK Hynix third-quarter profit jumps 62% to a record high on AI-fueled memory demand
SK Hynix posted record quarterly revenue and profit, boosted by a strong demand for its high bandwidth memory used in generative AI chipsets.