China’s economic recovery lost momentum in July, with consumer spending, investment and industrial production all coming in weaker than expected, raising pressure on Beijing to introduce additional measures to support growth in the second half of the year. Retail sales increased 0.6% from a year earlier, according to data from the National Bureau of Statistics
Artificial intelligence has become one of the biggest investment themes in global markets, fueling an unprecedented wave of spending on chips, data centers and computing infrastructure. But as billions of dollars flow into the sector through increasingly sophisticated financing structures, investors are beginning to ask a new question: is leverage becoming the biggest risk behind
A standout three-month trade comes from an old-school commodity rather than semiconductors, memory chips or the wider AI boom. Coffee futures have gained about 13% over that period, compared with a 2.2% rise for the VanEck Semiconductor ETF and a 4.1% advance for the S&P 500. The Roundhill Memory ETF has been little changed. Prices
OpenAI has reshuffled its executive ranks once again, replacing its chief revenue officer just eight months after her appointment, as the ChatGPT maker races to strengthen its enterprise business ahead of a potential stock market debut. The leadership change comes amid a broader wave of executive departures across the artificial intelligence industry, where competition for
US stocks have been charging higher with remarkably little resistance in 2026, repeatedly shrugging off inflation worries, geopolitical risks and elevated borrowing costs. The benchmark S&P 500 index climbed above 7,800 for the first time intraday on Thursday before finishing at a record 7,798.99, extending a rally that has pushed the benchmark roughly 14% higher
N Chandrasekaran’s decision not to seek another term as chairman of Tata Sons has triggered one of the biggest leadership questions in Indian corporate history, opening the door to a succession battle at a time when the 158-year-old conglomerate is navigating some of its most ambitious and capital-intensive projects. Tata Sons, which is the holding
Micron Technology MU shares climbed on Friday after New Street upgraded the memory-chip maker to ‘Buy’, arguing that artificial intelligence could transform the company into a $2 trillion to $3 trillion business by the end of the decade. New Street raised its rating from Neutral to Buy and set a price target of $1,250, implying
The Schwab US Dividend Equity ETF (SCHD) has done well this year and is now sitting at its all-time high. It has jumped by 25% this year, beating the Nasdaq 100 and S&P 500 indices despite the fact that it has limited exposure to the artificial intelligence (AI) industry. It has become the second-biggest dividend
Nu Holdings (NU) shares are ripping higher this morning after the neobank reported blowout fiscal Q2 earnings, featuring a decisive top- and bottom-line beat. On the back of record unit economics, NU’s revenue climbed 39% year-on-year to $5.9 billion – helping its net income soar a remarkable 49% to $1.1 billion in the second quarter.
Klarna stock has rebounded modestly ever since publishing its financial results in February this year. It has rebounded from the year-to-date low of $12.30 in February to the current $20.68. This rebound will be put to the test next week when the company publishes its financial results, which will provide color on its business. Klarna