Nvidia, the computing backbone of the artificial intelligence (AI) race, is expected to see a tremendous surge in growth over the next few years. The company’s graphics processing units (GPUs) are essential for data center buildouts, where AI hyperscalers are currently spending hundreds of billions of dollars—a number slated to …

SoftBank has sold its remaining stake in Nvidia for $5.83 billion, marking a clear pivot toward artificial intelligence investments. The move comes on the heels of a remarkable quarterly performance, with profits more than doubling from the previous year, reflecting strong returns from its technology and AI-related holdings.The Japanese investment …

Oil prices rose on Tuesday, recovering from recent declines as optimism about global demand returned and concerns over slowing growth began to ease. The energy market found support from expectations that consumption will remain steady through the coming months, especially as winter demand picks up across major economies.West Texas Intermediate …

The US dollar continued its downward slide on Tuesday, reaching fresh monthly lows as weaker-than-expected employment data renewed speculation that the Federal Reserve could move toward further policy easing. Markets were also buoyed by growing optimism that a deal to end the ongoing US government shutdown might soon be reached, …

Paramount Skydance has emerged as a breakout star in the media sector, surging to the top of the S&P 500 after unveiling its first earnings report since the landmark merger between Paramount and Skydance. The results, released on November 10, marked a pivotal moment for the newly restructured entertainment powerhouse, …

The British pound held steady on Tuesday after UK labor market data revealed a rise in unemployment, heightening expectations that the Bank of England may move toward a rate cut in December. The GBP/USD pair traded near 1.3170, showing little change as investors balanced concerns about slowing economic momentum with …

The Japanese yen remained steady against the U.S. dollar on Tuesday, with the USD/JPY pair hovering near the 154.00 level. The currency pair had briefly touched a nine-month high earlier in Asian trading before retreating as weak U.S. labor data renewed expectations of an upcoming Federal Reserve rate cut.The pullback …

The U.S. dollar slipped to its lowest level in more than a week on Tuesday, as renewed signs of weakness in the labor market and optimism over a possible end to the government shutdown weighed on the currency.Investors continued to sell the greenback amid growing speculation that the Federal Reserve …

Gold prices edged lower after reaching a three-week high near $4,150 per ounce, as profit-taking and cautious sentiment slowed the rally. The metal is now trading around $4,107, maintaining support but struggling to build on Monday’s sharp gains.Investor optimism had been fueled by expectations of continued loose monetary policy. However, …

The U.S. dollar started the week without a clear direction as investors grew more optimistic about a possible breakthrough to end the ongoing 40-day federal government shutdown. Market sentiment showed signs of stabilization, with traders turning their attention to fresh economic data releases that could shape expectations for the Federal …