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Financial Markets

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Techs take huge hit on Wall Street Friday
Techs take huge hit on Wall Street Friday

NEW YORK, New York - U.S. stock markets suffered a brutal beating on Friday, with the tech-heavy NASDAQ leading a dramatic sell-off...

Washington targets Iranian digital asset firms in crackdown
Washington targets Iranian digital asset firms in crackdown

WASHINGTON, D.C.: The Trump administration this week imposed sanctions on Iran's largest digital asset exchange and three other cryptocurrency...

U.S. stocks end divided Thursday but Dow notches up huge gain
U.S. stocks end divided Thursday but Dow notches up huge gain

NEW YORK, New York - U.S. stocks closed sharply higher on Thursday, led by a blockbuster rally in the Dow Jones Industrial Average,...

SpaceX seeks $75 billion raise in unprecedented public debut
SpaceX seeks $75 billion raise in unprecedented public debut

NEW YORK CITY, New York: Elon Musk's SpaceX is planning an unprecedented stock market debut, aiming to raise a record US$75 billion...

Markets crater: Dow, S&P 500, dive tumble as Iran conflict flares up
Markets crater: Dow, S&P 500, dive tumble as Iran conflict flares up

NEW YORK, New York - Wall Street suffered a dramatic sell-off on Wednesday as a new outbreak of hostilities in the U.S.-Iran conflict...

Job openings surge in April as hiring weakens across sectors
Job openings surge in April as hiring weakens across sectors

WASHINGTON, D.C.: U.S. job openings rose unexpectedly in April, reaching their highest level in nearly a year, but economists cautioned...

Technology

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Google parent expands equity raise amid AI spending boom
Google parent expands equity raise amid AI spending boom

MOUNTAIN VIEW, California: Alphabet has increased the size of its planned equity offerings to US$84.75 billion, underscoring strong...

Microsoft unveils AI-designed quantum chip, eyes 2029 debut
Microsoft unveils AI-designed quantum chip, eyes 2029 debut

SAN FRANCISCO, California: Microsoft said it expects to have commercially useful quantum computers by 2029 after unveiling a new quantum...

AI startup Anthropic takes first step toward public listing
AI startup Anthropic takes first step toward public listing

SAN FRANCISCO, California: Artificial intelligence company Anthropic has confidentially filed for a U.S. initial public offering, becoming...

Microsoft, Nvidia to unveil Arm-based Windows computers
Microsoft, Nvidia to unveil Arm-based Windows computers

SAN FRANCISCO, California: Microsoft and Nvidia are expected to unveil the first Windows personal computers powered by Nvidia-designed...

AUKUS nations to partner on unmanned undersea vehicles by 2027
AUKUS nations to partner on unmanned undersea vehicles by 2027

SINGAPORE: The United States, the United Kingdom, and Australia are working together to build unmanned underwater vehicles under their...

SpaceX signs $30 billion AI deal with Google
SpaceX signs $30 billion AI deal with Google

Anthropic similarly agreed to pay Elon Musks tech firm some $45 billion for compute capacity last month Google has agreed to pay...

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