Microsoft Corp.’s game maker Blizzard Entertainment Inc. struck a new deal with Chinese video game giant NetEase Inc. on Wednesday, allowing the return of some of Blizzard’s popular titles in the world’s second-largest economy. The two firms stated that they aim to relaunch games from the Activision Blizzard Inc. subsidiary in China starting this summer, …
Blizzard Strikes New Game Distribution Deal with NetEase Read More »
On Tuesday, gold prices surged vaguely and remained at an all-time high ahead of more signals on US inflation and interest rates. The yellow metal futures ending in June rose by 0.59% to $2,364.85 per troy ounce. Moreover, gold spot price increased by 0.31% to $2,346.19 in the Asian afternoon session. Furthermore, the precious metal …
Gold Rose, Record Maintains Ahead Inflation as Rate Looms Read More »
Tesla Inc. Chief Executive Elon Musk expects to see artificial intelligence (AI) that beats human intellect by 2025 or the next, provided there is enough chip and electricity supply to meet the demand for such advanced technology. The billionaire entrepreneur said during an interview on X that the creation of artificial general intelligence (AGI) smarter …
Elon Musk Expects AI That Beats Human Intellect by 2025 Read More »
On Friday, Tesla Inc.’s shares sank after JP Morgan cautioned of additional losses, saying CEO Elon Musk’s divisive tweets alienated consumers. The Austin-headquartered electric vehicle (EV) maker’s stock shed 3.63% to $164.90 apiece on April 05, snapping a two-day winning streak. Furthermore, market analysts anticipate a 1.21% slide to $162.90 per share in the coming …
Tesla Stock Plunged After JP Morgan Warned of Further Losses Read More »
Oil prices traded steadily at five-month highs on Wednesday, with the markets being driven by a tighter scenario for global supplies due to a possible decline in US inventories and further signs of disruptions in Russia. Brent crude oil futures for June delivery gained 0.07% to $88.98 per barrel, while the US West Texas Intermediate …
Oil Prices Register Slight Gains Ahead of OPEC Meeting Read More »
On Monday, Rakuten group stock rose following the announcement of its plans to integrate its fintech businesses into one group. In the Asian afternoon trading session, the Tokyo-based company stock rose by 3.68% to ¥876.00 ($5.79) apiece. The debt-laden online retailer seeks to enhance cooperation and attract more customers across various sectors, including online banking, …
Rakuten Stock Surges on Plans for Fintech Integration Read More »
On Friday, Huawei posted its 2023 Annual Report, showing it more than doubled its profits despite tougher US sanctions on Chinese tech firms. The privately owned tech company reported net profits of 86.95 billion yuan ($12.28 billion), 144.52% higher than 35.56 billion yuan ($5.02 billion) the year before. Similarly, revenue accelerated by 9.63% to 704.17 …
Huawei Doubles Profits in 2023 Despite Strict US Sanctions Read More »
Gold prices traded steadily on Thursday, closing in on record highs as traders opted for the precious yellow metal ahead of further signals about US inflation and interest rates. Spot gold stabilized at $2,195.34 per ounce, trading near the record peak of $2,222.90 per ounce reached the week ago. April contract gold futures were stable …
Gold Nears Record Highs Ahead of US Inflation, Rate Cut Cues Read More »
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