AI boom to keep supply of high-end memory chips tight this year, analysts warn
SK Hynix and Micron – the world’s largest memory chip suppliers – are out of high-bandwidth memory chips for 2024, while the stock for 2025 is also almost sold out.
Asia-Pacific markets pare gains as investors assess inflation data from India and Japan
Investors were assessing consumer inflation data from India as well as Japan’s corporate inflation numbers.
Sri Lanka travel visa costs doubled to $100 last month. The reason for the hike is disputed
VFS Global “missed out” on offering 30-day e-visas to Sri Lanka, Tourism Minister Harin Fernando told CNBC Thursday. But VFS Global said it was following orders.
China and India still rely heavily on coal, climate targets remain ‘very difficult’ to achieve
China and India have not reduced coal generation for electricity, making it harder for Asia’s largest carbon emitters to reach their climate targets.
‘Wealth can be pretty isolating’: Problems that rich people face, according to therapists
Can money buy happiness? Contrary to what some may think, a million-dollar paycheck does not necessarily come with a problem free pass.
14 analysts hiked price targets on this global AI chip stock in the past 2 weeks
The stock’s been soaring on the artificial intelligence boom. It’s up around 35% so far this year, and 60% since a year ago.
These 3 ETFs have risen by double-digits every year for the past 5 years
Analysts expect two of the three ETFs to rise by double-digits once again over the next 12 months.
Early Facebook investor Accel raises $650 million fund to back European and Israeli startups
Accel said Tuesday it’s raised $650 million for its eighth fund targeted at investing in European and Israeli early-stage startups.
Cramer says new AI technology can’t help bring down inflation just yet
CNBC’s Jim Cramer on Monday said he is hopeful new AI technology will cut costs, but it will not help lower interest rates any time soon.
Nasdaq jumps to record close, Dow adds more than 100 points ahead of consumer inflation report: Live updates
On Tuesday, traders looked for clarity on future Federal Reserve policy moves after April’s producer price index rose more than expected.
