UBS lifts MSCI AC World index's end-2024 forecast to 830
UBS raised its year-end 2024 forecast for the MSCI All Country (AC) World index to 830 from 800 on Tuesday, citing improving equity risk appetite, optimism around artificial intelligence
Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
UBS raised its year-end 2024 forecast for the MSCI All Country (AC) World index to 830 from 800 on Tuesday, citing improving equity risk appetite, optimism around artificial intelligence
Alphabet-owned Google is laying off at least 100 employees from several teams in its cloud unit, CNBC reported on Monday.
Microsoft is cutting hundreds of jobs at its Azure cloud unit, Business Insider reported on Monday, adding to a flurry of layoffs seen in the technology and media industries this year.
Tesla on Monday defended a proposal to ratify CEO Elon Musk's $56 billion pay package and said a new compensation would be costlier, days after a top proxy advisory firm recommended
Nvidia led global companies in market cap gains in May, buoyed by a stunning rally as its bumper revenue forecast reinforced investor confidence in the AI-driven surge in chip demand.
Spotify raised prices for its premium plans in the United States on Monday, the latest step by the Swedish music-streaming service in its push to increase margins.
Sweden's Ericsson said on Monday that a four-year programme to monitor the company's compliance with a U.S. anti-corruption agreement had ended on June 2.
Europe must work more closely on defence projects and raise investment in production capacity, the chief executive of Airbus told a German newspaper.
Nvidia Chief Executive Jensen Huang said on Sunday that the company's next-generation artificial intelligence (AI) chip platform was called Rubin and would be rolled out in 2026.
Safety and quality problems exposed at Boeing following a door plug blowout earlier this year risk shaking travellers' confidence in flying, a top executive at rival Airbus said.
A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the
The annual motor show in Geneva, Switzerland, is coming to a close after more than a century due to dwindling interest and a tough market environment, organisers said on Friday.
Tesla shareholders will vote on Thursday on whether to ratify CEO Elon Musk's $56 billion pay package which was voided by a Delaware judge in January.
Dell Technologies shares tumbled about 18% on Friday, as the PC and server maker expects sizeable AI investments to dent its quarterly profit.
French automaker Renault and Chinese partner Geely announced a highly anticipated joint venture on Friday that will develop combustion and hybrid engines, hoping to improve the
OpenAI's board on Thursday pushed back on allegations from its former members that concerns over artificial intelligence safety at the startup necessitated Sam Altman's shocking ouster
Sam Altman-led OpenAI said on Thursday it had disrupted five covert influence operations that sought to use its artificial intelligence models for "deceptive activity" across the internet.
A technical glitch affecting the dissemination of market data for the S&P and Dow Jones indexes for more than an hour on Thursday has been resolved, S&P Dow Jones Indices said.
Renault said it would link up with a Chinese engineering company to develop future Twingo cars priced below 20,000 euros ($21,676), as European automakers target smaller and cheaper
Amazon.com's streaming unit Twitch is refreshing its safety advisory council to add members from its community of so-called "Twitch Ambassadors", it said on Thursday.
Dell forecast current-quarter profit below market estimates on Thursday, and signaled that higher costs to build servers that meet heavy AI workloads would dent annual
Best Buy said on Thursday it expected sales in its key computing category to improve this year on renewed demand after its quarterly profit beat Wall Street estimates,
Tesla is preparing to register its 'Full Self-Driving' software with authorities in China in the run up to its planned rollout of the technologically advanced feature this year, three
Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country, the unit of Alphabet said on Thursday, the latest in a wave
Palantir has won a $480 million contract from the U.S.