Apple is reportedly developing chips to run artificial intelligence software in data centers
The iPhone maker has been working with Taiwan Semiconductor Manufacturing Co. on the chip’s design and production.
Amazon’s AWS to double down on Singapore with additional $9 billion cloud investment
This comes after AWS pumped over SG$11 billion through 2023 into Singapore’s cloud infrastructure and ecosystem.
UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover
It is the Swiss banking giant’s first earnings report in the black since it completed the acquisition of fallen rival Credit Suisse.
Why it’s sometimes okay to go with the flow, says this CEO
Dead fish go with the flow, but smart fish do too, says this startup co-founder. Here’s why.
China’s Xi backs Macron call for global Olympic truce
President Xi called for a global truce during the Olympic Games after being urged to use his influence to end its war in Ukraine by European officials.
Asia markets extend gains on rate cut optimism; RBA leaves cash rate unchanged at 4.35%
The Reserve Bank of Australia is expected to hold its benchmark lending rate at 4.35%.
After a tough quarter for global luxury, Barclays names 3 stocks to play the sector right now
Chinese consumers may be cutting their spending on luxury goods, but analysts note that several companies in the sector make good plays right now.
Will China’s comeback stock rally last? Wall Street weighs in and shares stock picks
China stocks have staged such a strong rally after a protracted slump for the past few years that they’re beating even the S&P 500 so far this year.
Dow closes slightly higher and posts longest winning streak since December: Live updates
The 30-stock Dow posted a fifth positive session Tuesday as traders looked for more clues on when the Federal Reserve may start cutting rates.
Social Security now expected to run short on funds in 2035, one year later than previously projected, Treasury says
A brighter economic outlook has helped push Social Security’s projected trust fund depletion date to a year later. But there’s still urgency for Congress to act.
