The global race to dominate artificial intelligence is increasingly defined not just by capital investment or computing power, but by a fierce, escalating battle for a small pool of elite talent. As Big Tech companies pour billions into AI development, they are aggressively poaching top researchers and engineers from startups and rivals alike, reshaping the
Global financial markets were jolted by a volatile first quarter shaped by geopolitical tensions, energy shocks and shifting expectations around artificial intelligence — a backdrop that delivered a windfall for Wall Street trading desks while clouding the outlook for broader economic activity. Major US banks reported a sharp rise in trading revenues as clients rushed
Investors are turning their attention to a busy week of corporate earnings, as US stock markets stage a sharp rebound and climb to record levels despite lingering geopolitical concerns. Hopes of easing tensions between the United States and Iran have helped fuel a strong rally in recent weeks. This has pushed major indices to fresh
Systematic hedge funds have ramped up their equity exposure at an unprecedented pace, adding $86 billion worth of stocks over the last five trading sessions, according to a Goldman Sachs note, cited in a Reuters report. The note highlighted that the surge represents one of the largest short-term buying sprees by Commodity Trading Advisors, a
US stocks rose on Friday, extending a recent rally, as investors welcomed fresh signs of de-escalation in the Middle East conflict and improving prospects for a ceasefire. The Dow Jones Industrial Average climbed 686 points, or 1.4%, while the S&P 500 advanced 0.77% and the Nasdaq 100 gained 0.73%. Ceasefire hopes lift sentiment Investor sentiment
Shares of Netflix tumbled on Friday after the streaming giant issued weaker-than-expected guidance for the current quarter, overshadowing a strong first-quarter earnings beat and triggering a sharp selloff in premarket trading. The stock fell about 10.53% to $96.44 after the market opened on Friday, even as broader market sentiment improved on easing geopolitical tensions. The
Global equity markets have climbed back to record highs after a volatile six-week period dominated by geopolitical tensions. Investor sentiment has improved on signs of easing conflict risks and renewed focus on economic fundamentals. Fresh optimism has emerged around potential US-Iran peace talks, with the Trump administration signalling hopes for a deal. A Pakistani mediator
Shares of Voyager Technologies moved sharply higher in premarket trading on Thursday after the company was selected by NASA for a private astronaut mission to the International Space Station. The stock rose about 6% to $31.8 ahead of the opening bell, extending gains from after-hours trading where shares climbed as much as 9.5%. NASA mission
Wall Street opened higher on Thursday, extending the momentum from a strong prior session that saw the benchmark indices reach record levels. Investor sentiment has been buoyed by hopes that geopolitical tensions in the Middle East may ease, alongside a steady flow of corporate earnings that continue to signal resilience in the US economy. The
PayPal stock price has staged a strong comeback in the past few weeks as investors went bargain-hunting. PYPL also jumped as investors priced in a potential acquisition. It rose to $50 on Wednesday, its highest level since February this year. PayPal stock has soared amid bargain hunting The ongoing PYPL stock surge has coincided with