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Apple shakes up AI leadership as Tim Cook loses confidence in Siri chief
Apple Inc. is experiencing an uncharacteristic upheaval in its ranks of executives as the company tries to get back up to speed on artificial intelligence (AI) development after months of delay and missteps.
Cryptopolitan
Mar 21, 2025
US Dollar stronger on Fed keeping its projections for 2025
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, rallies towards 104.00 on Thursday after the Federal Reserve (Fed) kept borrowing costs unchanged and projected two interest rate cuts for 2025. During Wednesday’s Fed meeting, Chairman...
Fxstreet
Mar 20, 2025
SoftBank Acquires Ampere Computing to Solidify AI Strategy
TradingKey - SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a startup focused on designing server chips based on Arm architecture, for $6.5 billion. The Japanese conglomerate anticipates that the transaction will be completed in the second half of 2025.
TradingKey
Mar 20, 2025
BoE set to shelve interest rate cuts as US tariff narrative leads to uncertainty
The Bank of England (BoE) is set to reveal its monetary policy decision on Thursday, marking the second meeting of 2025.Expectations are high among market watchers that the central bank will keep its benchmark rate at 4.50%, following a 25 basis point reduction in the previous month.
Fxstreet
Mar 20, 2025
Asia stocks rise after Fed hold; China hit by tech profit-taking
Investing.com-- Most Asian stocks rose on Thursday, tracking gains on Wall Street after the Federal Reserve offered no surprises in its rate decision, while Chinese markets lagged after a stellar rally gave way to profit-taking.
Investing.com
Mar 20, 2025
Argus upgrades Restaurant Brands on global growth, calls stock undervalued
Investing.com-- The People’s Bank of China left its benchmark loan prime rate unchanged on Thursday, in line with market expectations as Beijing looks to dole out more fiscal measures, instead of monetary easing, to support economic growth.Investing.com
Mar 20, 2025
Ark Invest dumps Meta shares as Big Tech stocks continue to struggle
Cathie Wood’s Ark Invest is pulling out of Meta. The firm sold 12,595 shares of the tech giant on March 17, followed by another 2,160 shares on Tuesday. This is the first time in a year that Wood’s fund has dumped shares of Meta, after spending most of 2024 buying up stock. Data compiled by...
Cryptopolitan
Mar 19, 2025
Tencent Q4 Profits Nearly Double! AI Dominates, But Can Growth Momentum Last Through 2025?
TradingKey — Driven by robust advertising and gaming performance, Tencent Holdings (0700.HK) delivered better-than-expected revenue and profit growth for Q4 2024 and the full year. While the tech giant is aggressively embracing AI, analysts warn that its 2024 momentum may struggle to sustain into...TradingKey
Mar 19, 2025
Diverging Fortunes of Auto Giants: BYD Hits Record High, Tesla Halved, Toyota’s P/E at Historic Low
TradingKey — Technological advancements are reshaping the global automotive landscape, and capital markets are reacting starkly differently to leading automakers across regions. While China’s BYD surges to new highs, Tesla’s stock has halved in three months, and Toyota’s P/E ratio languishes near...
TradingKey
Mar 19, 2025
Turkey in Turmoil! Stock Market Halts Trading, Lira Plunges to Record Low
TradingKey — On March 19, Turkish President Recep Tayyip Erdoğan’s main political rival, Istanbul Mayor Ekrem İmamoğlu, was abruptly detained by police, escalating political purges and triggering market turmoil that hammered Turkish stocks, bonds, and the currency.
TradingKey
Mar 19, 2025
More Significant Than Rate Cuts – Fed’s March Meeting Focuses on "QT Pause" Window
TradingKey — As Trump’s tariff policies rattle U.S. economic growth prospects and market confidence, the Federal Reserve’s March policy meeting has become a focal point for investors. Beyond Chair Jerome Powell’s remarks and the quarterly "dot plot," whether the Fed will end its QT...TradingKey
Mar 19, 2025
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Google Q2 Cloud Revenue Surges 82%: Net Profit Soars 298% YoY, 26% QoQ Capital Expenditure Growth Sparks Sharp Bull-Bear Divide
SpaceX Stock Price Forecast: SpaceX Short Bets Surge, Musk Warns Short Sellers May Pay the Price, Can the Stock Price See a Reversal?
Western Digital (WDC) Surges 12.5% to $548 - Kioxia Merger Talks, $900 Analyst Target
Alphabet Q2 Earnings Preview: $190 Billion AI Gamble Faces Major Test, Can Google Cloud Still Sustain the Growth Myth?
Micron (MU) Bounces to $969 - Morgan Stanley and BofA Both Say Buy the Dip
