Nvidia tops the individual stock market values of Germany, France and the UK
Nvidia’s AI-fueled rally has been historically fast, and now the stock is worth more than the entire market value of some of the world’s largest economies.
Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project
“Dell is assembling half of the racks that are going into the supercomputer that xAI is building,” Musk said, adding that Super Micro will also be involved.
IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration
The head of the International Monetary Fund on Thursday called on Europe to achieve the full potential of the single market.
Dutch PM Mark Rutte set to be next NATO secretary-general after rival withdraws from race
Romanian President Klaus Iohannis has rescinded his bid for NATO leadership and thrown his support behind Dutch Prime Minister Mark Rutte.
Tropical Storm Alberto makes landfall in Mexico; Texas faces flooding and heavy rain
Heavy rains, coastal flooding and gusty winds were expected along the coasts of Texas and northeastern Mexico as the first named storm of the hurricane season made landfall.
Bank of England keeps rates at 5.25% in ‘finely balanced’ decision; traders lift bets for August cut
The central bank’s key interest rate is at a 16-year high of 5.25%, where it has stood since August 2023.
UK PM Sunak could cease to be a lawmaker in landslide election defeat, new poll shows
The main opposition left-of-center Labour Party is on course to win a whopping 516 seats at the July 4 election, according to a shock new poll.
A marathon, not a sprint: Apple’s AI push faces big challenges in China
Apple Intelligence is Apple’s big play that aims to bring artificial intelligence across its devices but there was little talk on how it will bring this to China.
The best-funded generative AI startups in Europe have something in common: Big Tech experience
Most of the top-funded generative AI companies in Europe were founded by entrepreneurs with experience at U.S. technology giants, according to Accel.
China’s 618 e-commerce sales drop for the first time in 8 years, data firm Syntun says
The gross merchandise value of companies, or sales, during the shopping festival fell 7% from last year to 742.8 billion yuan ($102.3 billion).
