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Tech Stocks Soar in 2024, but Hidden Opportunities Remain Tech stocks have been red hot in 2024, driven by surging demand for artificial intelligence (AI) and expectations that the tech revolution is just beginning. Megacap companies like Nvidia, Apple, Microsoft, and Palantir have reached unprecedented valuation highs, fueling remarkable returns for major indexes. The S&P […]

LONDON (Reuters) – The pound held steady on Monday after falling to a six-month low the previous week as the dollar surged on the back of Donald Trump’s victory in the U.S. presidential election. Sterling was last up 0.1% at $1.2627, from $1.2598 on Friday, its lowest since mid-May. Trump’s Nov. 5 election win has

Accompanying the launch of the first wave of laptops equipped with the Snapdragon X Elite chip this week, consumers finally got their hands on the much-hyped “AI PC” that has been heavily promoted since late last year. Initial reviews and market feedback, however, suggest that Qualcomm’s attempt to disrupt Apple in the ARM-based laptop arena

 Several Fed policymakers have emphasized the need for additional economic data before committing to any further rate cuts. The current sentiment among Fed officials, as conveyed in various speeches and statements, suggests a more reserved approach to monetary policy easing. They have highlighted that while recent economic indicators have shown signs of weakness, including softer

Fitch Solutions’ BMI report indicates that while energy storage projects in the Middle East, such as those in the UAE and Saudi Arabia, are preparing large-scale initiatives, they still pale in comparison to the over $17 billion worth of projects in the United States. For instance, Saudi Arabia’s NEOM mega-project includes an energy storage plan