Semiconductor stocks led declines in Asia as AI-driven gains face scrutiny ahead of a busy U.S. earnings season. Asian markets ended mixed on Monday as a sharp sell-off in tech stocks countered gains from Wall Street’s overnight rally. Semiconductor shares bore the brunt o
Alibaba's latest AI model claims performance on par with global leaders, driving investor optimism amid China's AI competition. Alibaba Group (BABA) shares climbed 7% in Hong Kong trading after the company introduced Qwen3.8-Max, its newest flagship AI model. The model is
Atkore shareholders will receive $95.00 per share as Prysmian expands its North American presence through the acquisition. Prysmian S.p.A has agreed to acquire Atkore in an all-cash transaction valuing the company at approximately $3.8 billion. The deal offers Atkore share
July’s upward revision to 52.0 signals accelerating factory activity, marking the fourth straight month of expansion. Australia’s manufacturing sector expanded at its fastest pace in six months during July, with the final S&P Global Manufacturing PMI revised upward to 52.0
The index rose as junior miners gained traction before the Diggers & Dealers event, offsetting a slight weekly decline. The S&P/ASX Small Ordinaries Index climbed 1.4% to 3,314.60 on Friday, driven by a rebound in junior mining and exploration stocks. The gain followed a w
Newell Brands reported $1.994 billion in Q2 net sales, beating estimates and marking its first year-over-year growth in over four years. Newell Brands (NWL) posted a 3% rise in second-quarter net sales to $1.994 billion, surpassing the $1.978 billion analysts expected. Cor
Alphabet's AI-focused services see heightened demand Alphabet's cloud platform, the software backbone of the AI boom, saw a surge in growth. The company's AI-focused services are in high demand, with overall revenue growth of 24% year over year. The Gemini App re
Kevin McEvoy disposed of 3,000 OII shares, retaining 134,133 shares or 0.1% of the company post-sale. Oceaneering International director Kevin McEvoy sold 3,000 shares on July 30 at a weighted average price of $47.92, according to an SEC filing. The transaction occurred in
An executive sold 36% of his stake in Oceaneering following the company’s highest EBITDA since 2015. Oceaneering International’s chief commercial officer, Earl Childress, sold 12,701 shares for approximately $593,000 on July 30, reducing his direct holdings by 36%. The sal
ExxonMobil, Chevron, Enbridge, and Enterprise Products Partners offer yields up to 5.7% as oil prices fluctuate. Geopolitical tensions in the Middle East have heightened volatility in oil and natural gas prices, but long-term investors are turning to dividend-paying energy
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