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Market News
Latest financial news and analysis from global markets
INTC
2 AI Stocks Wall Street Says to Sell Before They Drop 55%
Although these stocks appear strong, Wall Street has reasons to be cautious.
NVDA
2 AI Stocks Wall Street Says to Sell Before They Drop 55%
Although these stocks appear strong, Wall Street has reasons to be cautious.
PLTR
2 AI Stocks Wall Street Says to Sell Before They Drop 55%
Although these stocks appear strong, Wall Street has reasons to be cautious.
XAU/USD
Gold extends losses amid 'brutal flush' as inflation worries mount
Gold was set to extend losses from last week amid headwinds, putting the precious metal on track to wipe out year-to-date gains .
NVDA
AI Startup Upstage in Talks to Buy 10,000 AMD Chips in Korea
Upstage Chief Executive Officer Sung Kim said he discussed the procurement of AMD’s MI355 accelerators when he met with the US chipmaker’s CEO Lisa Su in Seoul last week. “We have a lot of Nvidia chips in Korea, but we want to diversify to other chips, including AMD’s,” Kim told Bloomberg Television on Monday. Upstage is one of four teams competing in a state-backed race to select Korea’s best national AI foundation models.
AMD
AI Startup Upstage in Talks to Buy 10,000 AMD Chips in Korea
Upstage Chief Executive Officer Sung Kim said he discussed the procurement of AMD’s MI355 accelerators when he met with the US chipmaker’s CEO Lisa Su in Seoul last week. “We have a lot of Nvidia chips in Korea, but we want to diversify to other chips, including AMD’s,” Kim told Bloomberg Television on Monday. Upstage is one of four teams competing in a state-backed race to select Korea’s best national AI foundation models.
AMD
South Korean AI Contender Upstage on AMD Talks
South Korean AI startup Upstage says it's in talks with its investor, AMD, for the potential purchase of 10,000 AI chips. Upstage CEO Sung Kim discusses his recent meeting with AMD chief Lisa Su in Seoul, as well as his company's edge in competing in South Korea's AI 'squid game'. He speaks with Minmin Low at the Milken Institute's "Global Investors' Symposium" in Hong Kong.
TSLA
Musk says SpaceX, Tesla to build advanced chip factories in Texas
<body><p>STORY: :: SpaceX</p><p>SpaceX and Tesla will build two advanced chip factories at a sprawling facility in Austin, Texas.</p><p>:: File</p><p>CEO Elon Musk unveiled the so-called 'Terafab' project on Sunday.</p><p>:: Tesla</p><p>One facility will make chips for cars and humanoid robots.</p><p>:: SpaceX</p><p>The other is designed to make processors for artificial intelligence data centers in space.</p><p>Musk said that current global chip production would meet only a small fraction of his companies’ future needs.</p><p>He added "we either buld the Terafab or we don't have the chips."</p><p>:: Tesla</p><p>The billionaire CEO said Terafab would eventually produce one terawatt of computing capacity a year, compared with about half a terawatt currently made across the U.S.</p><p>He did not give a timeline for the new project.</p><p>Musk has previously said Tesla would need to build its own AI chip plant, but the involvement of SpaceX had not been disclosed.</p><p>The rocket firm is preparing for a public listing that could value it at around $1.75 trillion.</p></body>
NVDA
The Best Crypto to Buy for Long-Term Investors Right Now
Winning opportunities always test investors' patience and their ability to handle volatility.
INTC
The Best Crypto to Buy for Long-Term Investors Right Now
Winning opportunities always test investors' patience and their ability to handle volatility.
JPM
JPMorgan delivers a stark message for oil investors
Key Points JPMorgan flagged a crypto exchange most investors have never heard of and the reason involves the Iran war.The volume number that caught Wall Street's attention did not come from crypto traders.There is one structural gap in traditional markets that Hyperliquid is quietly filling, and ...
XAU/USD
Gold slides over 2% as Middle East tensions stoke inflation fears
By Noel John March 23 (Reuters) - Gold prices slipped more than 2% on Monday, extending their drop to a roughly four-month low, as an escalating Middle East conflict stoked inflation concerns and