by Jibran Munaf | August 16, 2024 | Corporate Finance, Finance, News, Wealth Management
A popular yen-centered carry trade that blew up spectacularly two weeks ago is staging a comeback. Japan’s currency has weakened more than 5% against the dollar since August 5, when a cocktail of hawkish Japan monetary policy moves, jitters around US earnings, and a...
by Jibran Munaf | July 12, 2024 | Corporate Finance, News
Intel’s strategic push into software is progressing well, with the company aiming for cumulative software revenue of $1 billion by the end of 2027, Chief Technology Officer Greg Lavender told Reuters. Intel generated over $100 million in software revenue in...
by Jibran Munaf | June 27, 2024 | Corporate Finance, Industry, News
Amazon.com Inc. surpassed $2 trillion in market value for the first time during afternoon trading on Wednesday. The rise in Amazon’s stock market valuation comes shortly after Nvidia hit $3 trillion, briefly becoming the most valuable company on Wall Street....
by Jibran Munaf | June 19, 2024 | Breaking, Corporate Finance, Finance, Industry, News, Technology
Artificial Intelligence Surge Pushes U.S. Chip Maker to $3.3 Trillion Market Cap Nvidia’s unstoppable ascent in the stock market has crowned the semiconductor giant as the world’s most valuable company, surpassing tech behemoths Microsoft and Apple. The...