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Investors see Broadcom catching up to Nvidia as the next big AI play, Citi says

Broadcom has specialized its AI business to help cloud companies like Alphabet and Amazon develop t…

Matthew Fox   


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2 mins read

Stock market today: Dow soars 654 points as traders celebrate inflation data

Stocks snapped a three-day streak of losses after June's inflation data came in line with expectati…

Filip De Mott   


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2 mins read

Stock market today: Tech drives market rebound as investors brace for earnings and fresh data

Of the 14% of S&P 500 companies that have reported Q2 earnings results so far, 86% are beating prof…

Matthew Fox   


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Stock market today: US stocks rise as traders try to come back after worst week since April

A potential Kamala Harris presidency is seen as being more friendly to mega-cap tech companies than…

Matthew Fox   


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3 mins read

Ether ETFs are coming. Here's how Wall Street says the funds will impact the world's 2nd-biggest crypto.

The spot ether ETFs are set to launch as soon as next week. But analysts have different opinions on…

Filip De Mott   


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Serve Robotics stock soars 241% after Nvidia takes $4 million stake in the company

Serve Robotics was founded in 2017 and develops and operates self-driving delivery vehicles focused…

Matthew Fox   


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Stock market closes flat after volatile trading on Thursday

Market sentiment on Thursday was subdued as investors awaited the first-quarter results of TCS and …

ANI   


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The AI boom will push America's shaky power grid to its limit

"The cost of that Gen AI architecture is freaking out of control," Baird strategist Ted Mortonson t…

Matthew Fox   


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The 7 most renter-friendly big cities in the US

An Economic Score, which included median year-over-year rent growth, unemployment rate, and an inde…

Madison Hoff   


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2 mins read

Bengaluru landlords and associations cannot ban residents from having pets — here’s what the BBMP guidelines say

BBMP's new guidelines protect Bengaluru pet owners and community animals from unfair restrictions, …

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Citi says investors should avoid chasing the rebound in value stocks

Value stocks have rallied lately due to volatile long-term interest rates and oil prices. But Citi …

Yuheng Zhan   


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Centre to arrange ₹15,000 crore for development of capital city of Andhra Pradesh

The minister also announced backward region grant for three districts of the state. Po…

PTI   


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Equinox signs up for Neom, Saudi Arabia's futuristic desert city

Situated on the coastline, the hotel promises to feature a floating bridge, high-end restaurants, a…

Dan Latu   


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Gold could soar 25% in the next 18 months as Middle East tensions and Fed easing boost the precious metal, Citi says

Citi strategists wrote in a recent note that they see gold soaring past $3,000 per ounce in the nex…

Yuheng Zhan   


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Citi explains why US stocks have plenty of room to rally further after shrugging off their pullback

Investors added $16 billion of net long positions in US stocks last week, in addition to ETF inflow…

Yuheng Zhan   


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The US cities where renters are struggling the most

Half of all US renters were cost-burdened in 2022, spending more than 30% of their income on rent a…

John Towfighi,Eliza Relman   


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Apple stock soars 7% to record highs after AI-focused WWDC event

The iPhone maker is now just $29 billion in market value away from eclipsing Microsoft as the world…

Matthew Fox   


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World Population Day: 10 Indian cities with the fastest growing populations in 2024

India’s continued urbanisation has led to the emergence of several megacities, whose populations ha…

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2 mins read

'Best WWDC Ever': Wall Street is pumped up over Apple's AI game plan

Analysts see the new AI capabilities kicking off a big upgrade cycle, driving sales of the iPhone 1…

Matthew Fox   


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Starter homes cost more than $1 million in a record 237 cities

More cities than ever have typical starter homes worth at least $1 million, Zillow reported.

Filip De Mott