The entrance to the SpaceX rocket launch area in Brownsville, Texas. Veronica Gabriela Cardenas/Reuters Wall Street is reaching for some unusual yardsticks to price Elon Musk’s SpaceX. At least one of SpaceX’s large institutional investors is privately benchmarking the rocket and satellite company not against aerospace rivals like Boeing or telecommunications giants like AT&T, but…
Dado Ruvic/Reuters Chip maker Nvidia posted better-than-expected results for the January quarter on Wednesday and forecast current-quarter revenue above market estimates, betting on Big Tech’s unabated spending on its AI processors. But its stock traded flat after hours, as investors, used to solid revenue beats from the company for 14 straight quarters, were likely disappointed…
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets traded mostly lower Friday, tracking Wall Street declines, as fears over artificial intelligence disruption drove the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by…
Google CEO Sundar Pichai waves as he arrives at the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 11, 2025. Benoit Tessier | Reuters After a tough start to the year, Google closed out 2025 with its strongest performance — from Wall Street’s perspective — since 2009, when the company’s shares doubled…
An electronic quotation board displays the Nikkei 225 stock prices on the Tokyo stock Exchange in Tokyo on Nov. 5, 2025. Greg Baker | Afp | Getty Images Asia-Pacific markets opened mostly higher Tuesday, after AI trade lifted major Wall Street indexes overnight. Nvidia shares rose more than 1% after Reuters said the company was looking…
Asia-Pacific markets were mostly lower on Tuesday after losses on Wall Street, with investors holding back ahead of the U.S. Federal Reserve’s decision on Dec. 10 stateside. The central bank is widely expected to cut rates by another 25 basis points at its final meeting of the year, bringing the Federal Funds rate to 3.5%-3.75%….
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images The U.S. stock market continues to be volatile due to concerns about valuations of tech and artificial intelligence stocks and an uncertain macroeconomic backdrop. Given this scenario, investors seeking passive income can add some dividend stocks to their portfolios. At the same time, investors might…
Best intentions to create a green wall to capture millions of tons of carbon while tackling desertification are up against a lack of funding and banditry in Jigawa State, northwestern Nigeria. In 2017, 45-year-old Jabiru Muhammed could hardly contain his excitement when the village head of Batu in Jigawa State, northwestern Nigeria, announced that their…
Africa’s Great Green Wall project began as an ambitious plan to build a 15-kilometre-wide band of trees across the north of Africa. The African Union launched the project in 2007 with plans for the trees to extend for 6,000 kilometres through 11 countries in the Sahel, restoring 100 million hectares of land from Senegal to…
People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. Jung Yeon-je | Afp | Getty Images Japan’s Nikkei 225 notched a fresh record Thursday at 45,754.93, marking six consecutive sessions of gains. The broad based Topix also closed at a new high…
