South Korea's Kospi index rose about 15 percent in three trading days after Microsoft and Amazon reports bolstered confidence in AI investments, led by Samsung Electronics and SK Hynix, which gained a…
The Bank of Japan kept its benchmark interest rate unchanged at 1.00 percent in an 8-1 vote, as expected by analysts, and raised its economic outlook, projecting growth of 0.6 percent for the current …
Nasdaq has entered correction territory, the semiconductor index has plunged, and AI favorites have taken a hit, yet the Stockholm Stock Exchange is nearing record highs. EFN's podcast discusses Micro…
Chinese AI startup Deepseek plans to build a 1-gigawatt AI data center in Ulanqab, Mongolia, about 350 kilometers northwest of Beijing, according to sources. The company aims to bring at least part of…
A bank consortium led by Morgan Stanley is negotiating a $15 billion loan to data center developer Nexus Data Centers for a massive new facility in Texas that will serve AI company Anthropic, with fin…
Apple faces a critical test as it prepares to report third-quarter earnings, with analysts expecting revenue of $108.7 billion and iPhone sales growth of 20.8%, the strongest for a June quarter since …
Hedgefonden Situational Awareness, grundad av AI-forskaren Leopold Aschenbrenner, tvingas sälja alla sina börsnoterade innehav efter ett ras i AI-aktier, rapporterar CNBC. Fonden, som förvaltar omkrin…
The European Union has launched a €110 billion AI initiative, with €10 billion in public funding and €20 billion in private investments for AI Gigafactories. Four data centers with at least 75,000 AI …
Microsoft shares surged after strong quarterly results, while Meta fell as its sharply increased AI investments drew investor scrutiny. The moves came after the Federal Reserve left interest rates unc…
Microsoft reported earnings of $4.24 per share on revenue of $90 billion for the quarter, beating analyst expectations of $4.24 per share and $87.6 billion, according to S&P Global Market Intelligence…
Wall Street futures point to a mixed open, with Nasdaq futures slightly negative after AI-related stocks fell earlier this week, while S&P 500 futures are flat and Dow futures are down 0.6%. Asian mar…
In a sommarspecial episode of EFN, host Magdalena Kowalczyk discusses future education choices with Johannes Blomqvist, a study and career counselor at Malmö University, addressing how to select a fie…
Asian stock markets tumbled on Wednesday, with South Korea's Kospi falling over 8% after a 11% drop on Tuesday, driven by AI-related sell-offs and geopolitical tensions. Chip giants SK Hynix and Samsu…
AI-related stocks in Europe fell after reports that China has begun producing domestically developed lithography machines, a market long dominated by Dutch ASML, whose shares dropped 3.2%. Sector peer…
Nasdaq fell 0.5% on Tuesday as AI-related stocks declined, with Micron dropping 6.7%, Marvell 5.8%, and AMD 5.7%, after reports that China began producing an advanced deep ultraviolet (DUV) lithograph…
Catena Media's stock surged 7.5% on Monday and continued up over 15% on Tuesday, with trading volume 6.4 times higher than the 30-day average, though the total turnover is only about 2.1 million Swedi…
Fitch Ratings warns that the AI boom and the risk of a correction are emerging as a significant global credit risk, according to Reuters. In its 'Global Risk Outlook' for the third quarter, the credit…
The 60-day correlation between the US Nasdaq 100 and South Korea's Kospi has risen to about 0.50, the highest since 2021, according to data from Rayliant. Analysts warn that the increasing correlation…
Swedish AI-related stocks are under pressure as investors question the return on massive AI investments, according to Ålandsbanken's equity chief Lars Söderfjell, who warns the market may be overreact…
Nvidia is leasing an entire 1-gigawatt data center being built by developer Hut 8 in Texas, which will house hundreds of thousands of Nvidia's own GPUs, according to the Financial Times. CEO Jensen Hu…