Arm gets Wall Street’s ‘buy’ on royalty plan, cloud expansion
By Aditya Soni and Roshan Abraham (Reuters) – Several Wall Street brokerages started coverage of Arm Holdings with their top ratings on Monday, saying the chip designer’s dominance in the…
South Korea’s Doosan Robotics prices IPO at top of range
By Joyce Lee SEOUL (Reuters) – South Korea’s Doosan Robotics is set to raise 421.2 billion won ($317 million) in an initial public offering (IPO) after pricing the deal at…
SoftBank’s Arm set to debut on Nasdaq after blockbuster IPO
By Niket Nishant and Manya Saini (Reuters) – SoftBank‘s chip designer Arm Holdings is set to debut on the Nasdaq on Thursday, in what is expected to be the biggest…
Innovation in EVs seen denting copper demand growth potential
By Mai Nguyen HANOI (Reuters) -New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts copper content, changes that could limit demand growth…
Nasdaq to buy fintech firm Adenza for $10.5 billion, rattling some investors
By Manya Saini, Anirban Sen and John McCrank (Reuters) – Nasdaq on Monday agreed to buy Thoma Bravo-owned software firm Adenza for $10.5 billion, with the exchange operator’s biggest-ever deal…
Will Your Wage Drop Because of A.I.?
Over the past few years, artificial intelligence has shown exponential growth across different industries. We now search for information using ChatGPT or Bard, make songs and images with A.I.-powered tools, and get…
Artificial intelligence gives real boost to U.S. stock market
By Lewis Krauskopf NEW YORK (Reuters) – Recent advances in artificial intelligence are fueling optimism over how businesses can operate more productively in the years ahead. They are also providing…
Turkey decides on a future with or without Erdogan
The future of Turkey will be decided on May 28, as there was no winner in the most pivotal elections in Turkey’s modern history. The presidential election will go to a…
AI-generated news presenter debuts in Kuwait media
A Kuwaiti media outlet has unveiled the first AI-generated virtual presenter, with plans for her to read news bulletins. Dressed in a white T-shirt and black jacket, “Fedha” (Silver) appeared…
Why China, Brazil and other emerging economies have allied themselves against the dollar
After the fall of the Silicon Valley Bank, another crisis could bring down the American economy (and not only that) Emerging Economies: China and Brazil have signed a new trade agreement allowing…