Tag: billion
Nvidia to Replace Intel on Dow Jones: A New Era for the Chip Giant in Top-Tier Stocks
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In a significant shift for the Dow Jones Industrial Average, chip giant Nvidia is set to replace Intel in the prestigious index starting November...
U.S. Dollar Closes Lower on Taipei Forex Market
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Taipei, Nov. 4 — The U.S. dollar experienced a decline against the Taiwan dollar on Monday, falling by NT$0.007 to close at NT$31.961. During the...
BCG Estimates Tokenization Could Boost Mutual Fund Returns by $100 Billion
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Boston Consulting Group (BCG) has recently published a whitepaper in collaboration with Aptos Ascend and Invesco, predicting that the tokenization of mutual funds could...
Swedish Fund Selection Agency Announces Award Decisions for European Equity Funds
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The Swedish Fund Selection Agency has revealed its decisions regarding the procurement of European equity funds (index) for the Premium Pension Fund platform. Four...
Nifty IT Down Over 3%: Factors Behind the Decline in IT Stocks
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The Indian stock market's Nifty IT index experienced a notable downturn on Thursday, falling by nearly 3.5%. This decline in the IT sector can...
Asia Stocks Mostly Rise Following Wall Street Rally Stall; Tokyo Metro Shares Surge on Debut
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Asia-Pacific markets experienced a mostly positive trading session on Tuesday, diverging from the recent performance of major Wall Street benchmarks. Investor optimism was notably...
Sophos to Acquire Secureworks from Dell Technologies for $859 Million
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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...
Hang Seng Index Climbs: Gold Mining Stocks Lead Hong Kong Market Rally
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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...
Nvidia, Chip Stocks Rally After TSMC’s Blowout Earnings
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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....
Can the Stock Market Keep Going Up? Market Watchers Think So
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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 Chip Stocks Decline Following ASML’s Weak Sales Forecast; TSMC Earnings on the Horizon
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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 Stocks Decline Amid Weak Earnings; Pound Weakens on Inflation Data: Markets Wrap
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European equities declined on Wednesday as disappointing earnings from the luxury sector fueled concerns about the profit outlook for the semiconductor industry. The British...