In the past couple years, the US market was mostly guided by the story of AI, chips and data centers. The thrill of giving money to the so-called “hyperscalers” that would then invest heavily in AI infrastructure investments would get any investor hyped up. But we are now discovering that building the AI future is
Asia-Pacific’s technology, media, and telecommunications (TMT) landscape is witnessing a strong comeback as dealmaking surges to a four-year high, according to JPMorgan Chase & Co. The investment bank confirms that market momentum has strengthened significantly across China, India, and Hong Kong, setting the pace for continued acceleration. Mark Fiteny, who leads JPMorgan’s TMT investment banking
Billionaire Peter Thiel’s latest 13F filing revealed a seismic shift in his equity holdings: a complete sale of his Nvidia shares after a long-term position that accounted for approximately 40% of his portfolio. The divestiture encompassed more than 537,000 shares during the third quarter, effectively shrinking his US stock book by nearly two-thirds—from $212 million
Shares of Alphabet Inc. surged in premarket trading on Monday after Berkshire Hathaway Inc. revealed a major new position in the Google parent company, marking its most significant portfolio addition in the third quarter of 2025. A regulatory filing on Friday showed that Berkshire acquired 17.8 million Class A shares of Alphabet, valued at $4.3
Emirates is preparing to transform its in-flight internet experience by partnering with SpaceX’s satellite service Starlink, reported Bloomberg. The move could position the Dubai-based airline as a global leader in onboard connectivity. However, the deal depends on regulatory clearance from the United Arab Emirates, which has not yet authorised Starlink’s operations. Despite this limitation, the
Micron Technology Inc (NASDAQ: MU) pushed meaningfully higher on Nov. 14th after Morgan Stanley’s senior analyst, Joseph Moore, dubbed it a top pick heading into the new year. Moore raised his price objective on the memory chips manufacturer as well to $325 this morning, indicating potential upside of another 30% from current levels. Following today’s
US stocks fell sharply Friday as renewed selling in technology names weighed on broader markets, extending a volatile week marked by concerns over artificial intelligence spending, shifting interest rate expectations, and uncertainty around delayed government data. The Nasdaq Composite dropped 1.5%, while the S&P 500 fell 1.1%. The Dow Jones Industrial Average declined 479 points,
After months of punishing trade tensions, the US and Switzerland announced a breakthrough deal on Friday that will slash tariffs to 15% from the brutal 39% rate imposed in August. The agreement marks a stunning reversal for the Swiss economy, which saw exports to America collapse by 14% in the three months to September. The
A Texas federal court has allowed a major antitrust lawsuit to proceed, targeting Apple Inc. and OpenAI over claims that their partnership may suppress competition in artificial intelligence. The legal challenge, brought by Elon Musk’s X Corp. and xAI, argues that Apple’s decision to embed OpenAI into the iPhone’s operating system gives the chatbot maker
Google has been ordered to pay €573 million by a German court in a major enforcement of European antitrust law. The decision stems from the European Commission’s earlier finding that the company unfairly favoured its own shopping comparison service in search results. With this ruling, Germany has become the first country to award damages based