Nvidia CEO views tech selloff as a buying chance Nvidia CEO Jensen Huang stated that the current tech selloff should be seen as an opportunity to buy at a discount. The comments were made after US tech shares dropped due to concerns over a possible interest rate hi
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G-III raised its full-year net income forecast to $171m-$175m following stronger-than-expected Q1 results. G-III reported Q1 2027 net sales of $536m, an 8% decline year-over-year, while gross margin surged to 64.9% from 42.2% in Q1 2026. The company attributed the margin e
Americans are starting to realize that "passive" investment funds aren't actually that passive — and they have Elon Musk to thank for the lesson. Why it matters: Ordinary people have trillions of dollars invested in broad-based index funds meant to be a low-cost way to bas
The gap between crypto and equities continues to widen While the S&P 500 has reached new all-time highs above 7,400 points, the total crypto market capitalization remains near $2.15T and well below its previous peak. This divergence suggests that capital continues to fa
Fortinet’s stock rally reflects growing recurring revenue and expanding cybersecurity market projected to grow at 11.9% annually through 2033. Fortinet (NASDAQ: FTNT) has surged 74% since April, driven by rising demand for its cybersecurity software and a shift toward recu
The solid-state battery developer raised $100m in gross proceeds to scale technology for EVs, defence, and data centres. Factorial Energy, a US solid-state battery developer, has started trading on Nasdaq after merging with SPAC Cartesian Growth Corporation III. The combin
Two new contracts with Anthropic and Alphabet add $2.17 billion in monthly revenue, boosting SpaceX's valuation case ahead of its IPO. SpaceX has locked in $2.17 billion in monthly revenue from two new artificial intelligence contracts. The deals with Anthropic and Alphabe
Japanese fastener maker YKK will build a $150m plant in Tamil Nadu to meet rising domestic and export demand. YKK Corporation will invest $150m in a new manufacturing facility in southern India, set to open in February 2028. The plant, located in Chennai’s Origins by Mahin
Invesco QQQ and Schwab SCHG ETFs deliver outsized returns, fueled by tech giants and AI growth over the past decade. The Invesco QQQ ETF (NASDAQ: QQQ) has surged 625% over the past 10 years and 1,600% since its 1999 launch, driven by heavy exposure to the "Magnificent 7" a
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