Tata Consultancy Services will acquire 100% of MHP Management-und IT-Beratung GmbH, a subsidiary of Porsche AG, for €320 million, including a five-year strategic agreement valued at €1.25 billion for …
Asian markets showed mixed trading on Tuesday amid geopolitical uncertainty, with investors awaiting Nvidia's quarterly report due Wednesday after the U.S. market close. Tokyo's Nikkei 225 rose 0.2%, …
Nvidia Corp. shares have fallen in response to earnings in six of the past eight quarters, including the last four, according to Yahoo Finance AlphaSpace analysis, as the market braces for the company…
Alibaba Group Holding Ltd. launched a HK$80 billion ($10.2 billion) share placement on Sunday to fund artificial intelligence-related development, marking the largest-ever primary follow-on offering b…
Nvidia (NVDA) will report earnings on Wednesday, testing the resurgent AI trade after a week in which the S&P 500 fell 1.4%, the Dow lost 0.9%, and the Nasdaq shed 2%. The company faces high expectati…
Nvidia Corp. needs a new narrative beyond earnings and product roadmaps to unlock a higher stock valuation, according to HSBC analyst Frank Lee, who said the company's push into open-source AI and sma…
Citi, HSBC, and Standard Chartered have adopted Ant International's AI-powered foreign exchange tool, which uses machine learning to optimize currency trading and reduce costs. The tool, developed by …
Anthropic's annualized revenue run rate has surpassed OpenAI's for the first time, reaching over $65 billion by the end of July 2026, according to verified figures. In the same quarter, Anthropic post…
Only 38% of banks that have adopted AI report a financial return, while McKinsey estimates generative and agentic AI could add close to $2 trillion annually to banking, according to Gartner and McKins…
Malaysia is working with state governments to protect farmland from industrial and real estate expansion as data centre and chip manufacturing booms intensify competition for land, with about 25,000 h…
Mistral, the French AI lab, is capitalizing on US restrictions on Anthropic and OpenAI models and safety incidents involving OpenAI's rogue AI agent to position itself as a safer, open-source alternat…
India's Nifty IT index surged 16.7% in July 2026, its best monthly showing in years, as global investors rotated away from AI-heavy stocks, while the Philadelphia Semiconductor Index tumbled 21% over …
Lloyds Banking Group chief executive Charlie Nunn announced a new strategic plan, Accelerate 2030, targeting around £2bn in annual cost savings by 2030, driven partly by AI. Nunn said AI 'is going to …
Blackstone-owned data centre firm AirTrunk secured a US$2.3 billion green loan from 30 lenders for its JHB2 hyperscale data centre in Johor, Malaysia, its largest single-asset financing to date. The l…
HSBC will launch a Global AI Centre of Excellence in Singapore in the second half of 2026 to develop artificial intelligence capabilities for global scaling, initially focusing on enhancing customer w…
HSBC announced plans to establish a Global AI Centre of Excellence in Singapore, aiming to recruit more than 100 AI specialists by the second half of 2026. The center will focus on customer wealth enh…
HSBC is hiring more than 100 artificial intelligence specialists for its first global AI centre of excellence in Singapore, set to launch later this year, and will also add 100 wealth relationship man…
HSBC analyst Nicolas Cote Colisson upgraded Apple stock to Buy from Hold and raised its price target by about 41% to $366 from $260, citing an operational turning point driven by AI plans and an innov…
Nebius Group closed a $775 million senior secured debt facility on July 17, its first asset-backed borrowing, to fund AI cloud infrastructure buildout. The deal, led by MUFG and syndicated among 10 ba…
HSBC Wealth Investment Summit 2026 highlighted AI and Physical AI as major investment themes, with Winnie Ng, Managing Director and Head of Wealth and Premier Solutions at HSBC Hong Kong, urging inves…