Apple CEO Tim Cook sent a powerful signal Wednesday when he spent nearly $3 million to nearly double his stake in Nike stock (NYSE: NKE), just one day after the athletic-wear company reported a devastatingly weak earnings report. The purchase, 50,000 shares at $58.97 each, marked Cook’s first-ever open market stock buy in his 20
Nvidia dropped $20 billion to acquire Groq, an artificial intelligence startup that’s been eating into Nvidia’s dominance in a crucial part of the AI market, a CNBC report said on Wednesday. It’s the chipmaker’s biggest deal ever, and it sends a clear message: Nvidia wants to control not just how AI models get trained, but
Banks have enjoyed a formidable moat built on customer relationships, regulatory privilege, and distribution networks for decades. – but that moat was breached in 2025. Embedded finance, the integration of payment, lending, insurance, and investing directly into non-financial platforms, became mainstream this year – shifting the locus of value creation away from banks and toward
Nvidia stock traded higher on Tuesday, extending a three-day rally as renewed speculation over a potential resumption of GPU sales to China lifted sentiment around US chipmakers. At the time of writing, the Nvidia stock was up around 1% to trade at $185.50. The stock has been attempting to finish the year on a stronger
ServiceNow (NYSE: NOW) investors may be concerned with the company spending $7.75 billion on buying Armis, but its CEO remains confident the deal will prove positive in the long run. According to Bill McDermott, the agreement strengthens NOW’s footprint in artificial intelligence (AI) enabled cybersecurity and could help “more than triple” its market opportunity over
Big market moves are colliding with mixed economic signals as investors head into year-end. US growth is flashing strength, but soft spots are emerging beneath the headline numbers. In Asia, India’s central bank is burning reserves to slow a battered rupee. Corporate shake-ups continue in Europe as Nestlé accelerates its portfolio reset. Meanwhile, gold and
US stocks extended a four-day winning streak as semiconductor giants and AI plays lifted the market toward record territory on Tuesday. The S&P 500 gained 0.6% and sat just shy of its all-time high, while the Nasdaq jumped on chip strength and the small-cap Russell 2000 surged 1.2%. The development is seen as a signal
Artificial intelligence (AI) is expected to remain the single biggest driver of corporate investment in 2026, with Barclays projecting trillions in capex tied to AI infrastructure and applications. The AI spending wave has already reshaped equity markets, and firms positioned at the intersection of hardware, software, and consumer adoption could see outsized gains. Among names
Broadcom stock (NASDAQ: AVGO) climbed Tuesday as investors reassessed the chipmaker’s ability to convert a massive $73 billion AI order book into durable revenue growth. The stock bounced back from an earlier December sell-off, with the market now focusing on supply wins and backlog visibility rather than near-term margin worries. A fresh 10% dividend increase
Global markets are navigating a complex mix of trade policy uncertainty, surging commodity prices, and resilient equity performance as the year draws to a close. Washington signaled a pause — for now — in escalating trade measures against China’s semiconductor sector. At the same time, precious metals rallied to historic highs on geopolitical tensions and