An overview of the construction site of the Stuttgart 21 railway station project seen on May 22, 2025 in Stuttgart, Germany. Thomas Niedermueller | Getty Images News | Getty Images Germany’s newly minted government is looking to the private sector to help save the country’s ailing infrastructure. Economy minister Katherina Reiche called for a cash…
Nvidia, an industry leader in artificial intelligence chips used by companies like OpenAI and a bellwether for tech stocks, reported earnings after market close on Wednesday. The company reported revenue of $44.06 billion for the quarter ending April 27, 2025, exceeding expectations of $43.31 billion, according to LSEG consensus estimates. Adjusted earnings per share came…
Senior Advisor to the U.S. President Elon Musk (L) and Nvidia CEO Jensen Huang (C) are directed to greet the Saudi Crown Prince at the Royal Court in Riyadh on May 13, 2025. Brendan Smialowski | Afp | Getty Images Wealth and power. Global political and business leaders gathered in Riyadh on Tuesday for the…
President Donald Trump on Tuesday praised Saudi Arabia and its leaders after the White House announced a commitment by the kingdom to invest $600 billion in a series of deals with the United States. Trump also announced at an investment forum in Riyadh that he will order the removal of all U.S. sanctions against Syria,…
SoftBank CEO Masayoshi Son delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters Softbank’s Vision Fund business on Tuesday posted a loss in the fiscal year ended March as it booked slowing gains at its massive tech investment arm….
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images Financial institutions are rethinking their China calls after a surprise trade truce between Washington and Beijing, raising both the country’s growth forecasts as well as stock market outlooks. On Monday, the U.S. and China…
Haussmann architecture buildings are reflected on the facade of Samaritaine department store in central Paris on October 10, 2023. Dimitar Dilkoff | Afp | Getty Images Europe’s real estate sector is recovering at pace following years of subdued activity, with investment volumes rising by a quarter over the past 12 months, according to new research…
Angry Nigerians are turning to social media to describe how they have been locked out of their accounts on the digital financial platform, CBEX. People have posted videos of themselves crying, saying that they could not withdraw their investments and worried that their money had gone. Some furious customers ransacked a CBEX office in the…
Luxury handbags have outperformed other collectibles in recent years and are increasingly viewed as a potential investment category in the eyes of consumers and analysts, at least according to some recent reports. For the first time, the value proposition of designer handbags from top brands, such as Hermes, Chanel, Goyard and Louis Vuitton are growing…
Taiwan Semiconductor Manufacturing Co.‘s $100 billion commitment to expand manufacturing in the U.S. is “great news,” Qualcomm CEO Cristiano Amon told CNBC on Tuesday, adding it helps with diversification of chipmaking locations. Amon also addressed U.S President Donald Trump’s tariff policy, suggesting longer term technology trends would outweigh any short term uncertainty. Trump announced on…
