US stocks showed mixed performance as strong Producer Price Index (PPI) inflation data pushed Treasury yields to multi-month highs, dampening hopes for Federal Reserve rate cuts. The Dow and S&P 500 struggled due to pressure on rate-sensitive sectors like financials, retail, and housing. However, Nvidia and other AI-related semiconductor stocks supported the Nasdaq, keeping it stable amid broader market weakness. Elevated oil prices continue to fuel inflation, limiting the Fed's ability to ease rates, while investors watch key technical levels for signs of market direction.
The global AI in life sciences market is projected to expand at a compound annual growth rate (CAGR) of about 20% from 2026 to 2034, reaching an estimated value of $11.5 billion. This growth is fueled by increasing demand for faster drug discovery, p...
Nvidia's upcoming earnings report is gaining importance as the company's market value and AI role grow, now surpassing the entire S&P 500 healthcare sector. Investors view Nvidia as a key indicator of AI spending, which is central to the current bull...
Nvidia Corporation benefits strongly from a surge in hyperscaler capital expenditure guidance, now at $725 billion, far above previous estimates. Key suppliers SK hynix and TSMC report explosive growth, indicating sustained demand for AI chips. This ...
Foxconn, a major supplier for Apple and Google, suffered a ransomware attack that disrupted some of its North American factories. Hackers claimed to have stolen 8 TB of data, including sensitive project documents related to clients like Apple, Google...
Foxconn, a major electronics manufacturer for Apple, Google, Nvidia, and others, confirmed a cyberattack impacting some North American factories. The ransomware group Nitrogen claimed responsibility, stating they stole over 11 million files including...
