Shares of leading chipmakers took a hit in the after-hours trading following Oracle’s earnings...
Fed Delivers 25bps Rate Cut amid Challenging Economic Environment
The US Federal Reserve lowered interest rates by another quarter percentage point on Wednesday,...
Nvidia Cheers as AI Chip Restriction Act Dropped from US Defense Bill
Nvidia Corp. stands to benefit significantly after lawmakers in the United States chose not...
ADP Data Shows US Job Losses Surge in November, Small Firms Hardest Hit
The U.S. employment market suffered its sharpest contraction since March 2023, as private-sector payrolls...
Washington Extends Tariff Exclusions for Some Chinese Products following Trump-Xi Agreement
The United States has extended tariff exclusions for certain Chinese industrial and medical imports...
Amazon Pledges $50 Billion to Expand AI and Supercomputing for US Government
Amazon is set to escalate its presence in the U.S. public sector, announcing an...