The UK has moved to broaden its digital safety net with the formal introduction of the Cyber Security and Resilience bill in Parliament. The proposal arrives at a time when attacks on business networks, public services, and critical infrastructure continue to rise, pushing the government to expand the scope of regulation. The bill focuses on
Bridgewater Associates founder Ray Dalio believes artificial intelligence spending has created bubble‑like conditions in financial markets. Yet despite the froth, he cautions investors against rushing to liquidate their holdings. Speaking with CNBC this week, Dalio argued that bubbles do not automatically translate into immediate losses, and that investors should remain disciplined rather than panic. His
Amazon’s recent workforce reduction has reshaped large parts of the company, with engineering roles emerging as the most affected category. The layoffs, announced last month, spanned cloud services, devices, advertising, retail and grocery businesses. State filings in New York, California, New Jersey and Washington confirmed that almost 40% of more than 4,700 cuts in those
JPMorgan strategists issued a stark warning this week: MicroStrategy risks exclusion from major equity indexes, potentially triggering a cascade of forced selling that could drain nearly $9 billion in passive fund holdings. The culprit isn’t business weakness; it’s the company’s extraordinary Bitcoin holdings, which now dominate its balance sheet and have prompted global index providers
Nvidia just delivered the earnings beat Wall Street needed to silence skeptics about the AI spending cycle. The company posted $57 billion in quarterly revenue, blowing past its own $54 billion guidance by $3 billion. Nvidia reported a strong earnings per share (EPS) of $1.30 for Q3, beating analysts’ expectations of around $1.26 and reflecting
Nvidia Corp. shares rallied after the AI-chip bellwether smashed Wall Street’s third-quarter projections and signalled another record period ahead, easing fears that the sector’s breakneck growth is fading. The stock rose more than 4% in late trading as investors cheered both the headline numbers and a guidance range that exceeded expectations. Earnings per share came
Asian semiconductor stocks rallied sharply on Thursday after Nvidia reported stronger-than-expected quarterly results, helping calm concerns that rapid investment in artificial intelligence could be forming a market bubble. The surge lifted major technology indexes across the region, reflecting renewed confidence in the global chip cycle and continued momentum in AI infrastructure spending. Broad-based rally across
A series of major political and market developments unfolded, with US President Donald Trump preparing to meet New York City’s incoming mayor, to South Korea urging renewed dialogue with Pyongyang. In markets, Asian semiconductor stocks surged on optimism surrounding Nvidia’s earnings, while the chipmaker itself delivered a blockbuster quarter that reinforced confidence in the global
Tata Consultancy Services (TCS), India’s largest software services company, is preparing for one of the most consequential strategic shifts in its history as it moves into the capital-intensive data-center and AI infrastructure business. The company is set to form a multi-billion-dollar joint venture with global private equity firm TPG to build large-scale AI and Sovereign
CoreWeave shares jumped nearly 10% in pre-market trading on Thursday, fueled by a rally in Nvidia Corp. following the chipmaker’s blockbuster third-quarter earnings report. The jump reflects growing investor sentiment that the Nvidia-backed AI cloud provider could become a major bet in the expanding artificial intelligence infrastructure market. CoreWeave’s strong recent market performance CoreWeave, which