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Financial Markets

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Samsung crosses $1 trillion valuation as chip stocks surge
Samsung crosses $1 trillion valuation as chip stocks surge

SEOUL, South Korea: Samsung Electronics has crossed the US$1 trillion market capitalization mark, becoming only the second Asian company...

Nasdaq climbs more than two percent as stocks surge across globe
Nasdaq climbs more than two percent as stocks surge across globe

NEW YORK, New York - U.S. and Global equity markets closed sharply higher on Wednesday, with nearly every major index posting solid...

U.S. stocks bounce, Nasdaq climbs 258 points
U.S. stocks bounce, Nasdaq climbs 258 points

NEW YORK, New York - U.S. stock markets closed higher across the board on Tuesday, led by a powerful rally in technology shares. ...

UAE discusses currency swap line with US, minister says
UAE discusses currency swap line with US, minister says

ABU DHABI, U.A.E.: The United Arab Emirates is in discussions with the United States over a potential currency swap line, as policymakers...

U.S. and global stocks slammed by renewed hostilities in Gulf
U.S. and global stocks slammed by renewed hostilities in Gulf

NEW YORK, New York - World stock markets closed sharply lower on Monday after a sudden escalation of tensions in the Middle East drove...

OPEC+ plans June output hike even as Gulf exports remain hit
OPEC+ plans June output hike even as Gulf exports remain hit

LONDON, U.K.: OPEC+ is moving ahead with plans to raise oil production targets for June, even as the ongoing U.S.-Iran conflict continues...

Technology

Section
Samsung crosses $1 trillion valuation as chip stocks surge
Samsung crosses $1 trillion valuation as chip stocks surge

SEOUL, South Korea: Samsung Electronics has crossed the US$1 trillion market capitalization mark, becoming only the second Asian company...

Italy’s PM Meloni denounces attempt to malign her with deepfake photo
Italy’s PM Meloni denounces attempt to malign her with deepfake photo

ROME, Italy: Italy's Prime Minister Giorgia Meloni this week denounced the circulation of a deepfake photo of her posing in bed in...

New AI robot pet aims to replace traditional companions
New AI robot pet aims to replace traditional companions

NEW YORK CITY, New York: A robotics pioneer behind the Roomba vacuum is now turning to a different kind of household companion—an artificial...

Google parent Alphabet closes gap with Nvidia in market value
Google parent Alphabet closes gap with Nvidia in market value

NEW YORK CITY, New York: Alphabet is closing in on Nvidia to become the world's most valuable company, driven by a strong rally fueled...

Amazon expands into third-party logistics with new services push
Amazon expands into third-party logistics with new services push

SEATTLE, Washington: Amazon is moving deeper into the logistics business by opening its vast supply chain network to outside companies,...

eBay shares surge after GameStop takeover proposal
eBay shares surge after GameStop takeover proposal

NEW YORK CITY, New York: Shares of eBay surged in premarket trading on Monday after Ryan Cohen, through GameStop, made an unsolicited...