Tag: billion

Sophos, a cybersecurity company backed by Thoma Bravo, has announced its acquisition of Secureworks from Dell Technologies in an all-cash deal valued at $859...

On October 18, 2024, the Hang Seng Index experienced a positive turnaround, starting the day with a 27-point increase to reach 20,106 points. The...

Chip stocks surged on Thursday, buoyed by a stellar earnings report from Taiwan Semiconductor Manufacturing Company (TSMC), the world's leading producer of advanced chips....

Stocks have experienced a notable rally since the Federal Reserve lowered interest rates a month ago, leading investors to speculate that this could signal...

Asian chipmaking stocks experienced a downturn on Wednesday, following a lackluster sales forecast for 2025 from industry leader ASML. Market attention is now shifting...

European equities declined on Wednesday as disappointing earnings from the luxury sector fueled concerns about the profit outlook for the semiconductor industry. The British...

Nvidia's shares closed at a record high on Monday, buoyed by a continued surge in AI hardware stocks driven by robust investor enthusiasm over...

Bitcoin surged to a seven-day high late Sunday, climbing 2.5% to reach $64,300, buoyed by China's recent announcement of economic stimulus measures aimed at...

Better-than-expected profits from JPMorgan Chase and Wells Fargo boosted market expectations for a "soft landing" for the U.S. economy, and U.S. bank stocks hit...

In a recent briefing in Beijing, China's Finance Minister Lan Fo'an announced that the country has 2.3 trillion yuan (approximately $325 billion) in special...

Hedge funds are increasingly eyeing private credit as a competitive arena to challenge private equity firms, similar to their venture into venture capital over...

Hedge funds are progressively entering the cryptocurrency market, as highlighted in a new report from the Alternative Investment Management Association (AIMA) in collaboration with...