SoftBank sells Nvidia stake for $5.8bn as it prepares for AI investments – The Financial Times
Masayoshi Son’s SoftBank Group has sold its entire stake in Nvidia for $5.8bn and said net profit more than doubled in its second quarter as
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Feeling Great About the Economy? You Must Own Stocks – WSJ
A few months ago, with the market surging, Rick Wichmann watched his investment portfolio balloon in value. The 67-year-old retired consultant sold his Toyota and
What Does the Market Really Think About AI?
Despite all the enthusiasm for AI, which has undoubtedly demonstrated impressive capabilities, the signal from bond markets suggests that investors are unconvinced that the technology
PODCAST: Weight distribution: how GLP-1s are going global
Ahandpicked article read aloud from the latest issue of The Economist. A new wave of weight-loss drugs is spreading beyond the rich world. As patents
Visa and Mastercard Near Deal With Merchants That Would Change Rewards Landscape – WSJ
Visa V -0.28% and Mastercard MA -0.24% are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by lowering fees stores
The Grim Reality Is That the RBA Is Done Cutting Rates – WSJ
The grim realization that is now settling over Australian money markets and the many millions of home buyers battling enormous mortgage debts, is that the
Tech stocks suffer worst week since April after $800bn AI sell-off – The Financial Times
US companies closely tied to the artificial intelligence boom have lost close to $1tn in market value since last Friday in the worst week for
TSMC’s Slowing Monthly Sales Fuel AI Sustainability Debate – Bloomberg
Taiwan Semiconductor Manufacturing Co. reported slowing growth in monthly revenue, highlighting uncertainty over the sustainability of the AI boom even as industry behemoths including Nvidia
What explains India’s peculiar stability? – The Economist
An economist with super-hero vision might stand in New Delhi, gaze in every direction and see turmoil. In Nepal, India’s neighbour to the north-east, “Gen
What is AI, how does it work and why are some people concerned about it?
Artificial intelligence (AI) has increasingly become part of everyday life over the past decade. It is being used to personalise social media feeds, spot friends