Major U.S. banks, including JPMorgan, Citi and Bank of America, plan to establish a shared tokenized deposit network by mid-2027, operated by the Cleaning House, according to the Wall Street Journal.
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SK Hynix and Samsung shares fell sharply in Seoul trading on Friday, after a softer-than-expected outlook from U.S. chip giant Broadcom triggered a global selloff in semiconductor stocks.
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Apple (NASDAQ:AAPL) is preparing a redesigned version of its Siri assistant that may rely partly on Nvidia (NASDAQ:NVDA) Blackwell B200 chips hosted through Google (NASDAQ:GOOG) infrastructure, marking a potential shift in how the company powers advanced AI features.
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U.S. worker productivity growth slowed faster than initially thought in the first quarter, but the underlying trend remained strong and a boost is expected from businesses adopting artificial intelligence for many roles.
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Blackstone's flagship private credit fund is capping investor withdrawals at 5% of shares outstanding after redemption requests reached 10% in the second quarter — double its standard limit and up from roughly 8% in the first quarter.
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The Euro (EUR) is ticking up for the second consecutive day against the British Pound (GBP) on Thursday, although it remains capped below 0.8650 so far, with the one-week low of 0.8632 at a short distance.
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Gold is attempting a tepid recovery toward $4,500 early Thursday, as renewed optimism in the Mideast geopolitical front calms market nerves.
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Australia's central bank is closely monitoring economic conditions to assess how higher interest rates and the global energy price shock are playing out, its top central banker said on Thursday.
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Nvidia (NVDA) announced the Isaac GR00T Reference Humanoid Robot on June 1 at its GTC Taipei conference, describing it as the first open humanoid robot reference design built on its Isaac platform.
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Silver July (SI=F) futures opened at $75.49, essentially flat compared to Wednesday’s closing price. The price of silver slid lower as of 7:12 a.m. ET to $74.62.
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Samsung Electronics announced new collaborations with Cadence Design Systems and Synopsys on second and third generation 2nm process technology for advanced AI chips.
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US stocks rallied on Wednesday as Wall Street was led higher by tech stocks while bracing for Nvidia's crucial earnings report.
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The euro's share of global markets remained largely unchanged last year at around 20% as the the currency failed to gain ground despite expectations that unpredictable U.S. economic policy might increase its appeal as an alternative to the dollar.
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This article examines whether HSBC Holdings shares may still offer value after a strong run, by looking at what the current price may be implying and how that compares with several valuation checks.
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Sustained enthusiasm over the AI theme has stretched bullish market wagers to the point where the Nasdaq 100 Index is particularly vulnerable, wrote the Citi team including David Chew.
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