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The recent rally in Chinese tech stocks is fueled by fresh optimism and new investments, not short covering, signaling a potential turning point for the sector.
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Cisco strengthens its foothold in the booming AI-powered data center market by investing in CoreWeave, a high-growth cloud computing startup.- Published on
Global markets experienced a mixed day of trading, influenced by geopolitical tensions in the Middle East, fluctuating currency values, and holiday closures in several Asian markets.- Published on
Cooling inflation is buoying American economic sentiment, despite a softening labor market.- Published on
The Federal Reserve, responding to cooling inflation, is shifting its strategy from combating price increases to stimulating economic growth by initiating interest rate reductions.