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Morgan Stanley profit beats estimates
Morgan Stanley exceeded expectations in the third quarter of 2025, fueled by a strong rebound in dealmaking and robust trading results.
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Elon Musk buys $1 billion in Tesla shares
Elon Musk buys $1 billion in Tesla shares, restoring confidence and reversing losses after a turbulent year.
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Wall Street up on Trump trade comments
U.S. markets ended higher as investors evaluated Trump’s trade comments and positive bank earnings eased credit concerns.
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Tesla offers $1 trillion pay package to Musk
Tesla unveils an unprecedented $1 trillion compensation plan for Elon Musk, reshaping the debate on executive pay and the future of the automaker.
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Nvidia briefly reached a capitalization of $4 trillion
Nvidia briefly hits $4 trillion market cap, reinforcing its dominance in AI-driven growth and Wall Street's enthusiasm.
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Stocks see second-worst day of the year
Stocks suffered one of their worst days of the year amid renewed concerns about inflation, declining consumer confidence, and increasing skepticism regarding returns from artificial intelligence investments.
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Banks Lend $18 Billion for Oracle-Tied Data Center in New Mexico
A group of 20 banks has joined forces to provide $18 billion in financing for a massive Oracle-linked data center in New Mexico, marking another major move in the U.S. AI infrastructure race.
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China on cusp of seeing over 100 DeepSeeks, ex-top official says
China is gearing up for a wave of over 100 AI breakthroughs, powered by DeepSeek-style innovations, supported by government policies and tech talent. Former central bank leader Zhu Min believes this will reshape the nation’s economy.
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Gold reaches all-time high of $2,985 per ounce
Gold prices soared on Thursday, breaking past the previous record of $2,954 per ounce and reaching an all-time high of $2,971, despite elevated US Treasury bond yields and a robust US Dollar.
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Cambricon revenue up 4,300% as Nvidia halts China sales.
Cambricon posts a record 4,300% revenue surge as Nvidia records no H20 chip sales to China amid U.S. export restrictions, fueling local competition.
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