Nvidia Is Still Undervalued, Says $50 Billion Manager Impax
(Bloomberg) — As Nvidia Corp. found itself the target of a deep selloff earlier this year, Impax Asset Management was…
Bill Gross Recommends Shift to Defensive Stocks as Rally Loses Steam
(Bloomberg) — The rally that’s helped US stocks almost double in value over the past five years is tapering off,…
TSMC sales beat estimates in sign of solid AI chip demand
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. (TSM) posted a better-than-expected 39% rise in quarterly revenue, assuaging concerns that AI hardware…
Boeing Withdraws Contract Offer as Union Talks Break Down
(Bloomberg) — Talks between Boeing Co. and its largest union to end an almost monthlong strike collapsed for a third…
Chinese Stocks Lead Asia Lower on Stimulus Concern: Markets Wrap
(Bloomberg) — Mainland Chinese equities led losses in the region on Wednesday after weak economic data and as Beijing refused…
Roblox Tumbles as Hindenburg Bets Against Gaming Platform
(Bloomberg) — Roblox Corp. shares slumped Tuesday after short seller Hindenburg Research said it’s betting against the gaming platform. Most…
China Targets EU Cars, Brandy in Retaliation Over EV Tariffs
(Bloomberg) — Most Read from Bloomberg China is investigating whether to raise tariffs on European large-engine vehicles and will start…
Nvidia Partner Hon Hai boosts capacity to meet ‘crazy’ AI demand
(Bloomberg) — Hon Hai Precision Industry Co. (2317.TW, HNHPF) plans to boost server capacity to meet stronger-than-anticipated demand for Nvidia…
China’s Stock Rally Cools as Beijing Holds Off on More Stimulus
(Bloomberg) — A rally in onshore Chinese stocks on their return from a week-long holiday cooled as traders questioned Beijing’s…
Asian Stocks Drop, China to Reopen After Holidays: Markets Wrap
(Bloomberg) — Asian stocks declined following losses in the US, with investors focused on the reopening of Chinese markets following…
