In the wake of the Nvidia scandal, Washington is talking about tougher curbs on the export of advanced chips—and the fallout is already hitting Chine

Global stocks wobbled at the start of Asian trade on Thursday, while Nvidia shares plunged in after-hours trading on news that its board may oust longtime CEO ​Jensen Huang.

Global stocks tumbled on Thursday, led by losses in chipmakers and data centre operators as Nvidia shares cratered in after-hours trading on news that its board may oust longtime CEO Jensen Huang.

Asian shares are mixed, as concerns over leadership at chipmaker Nvidia weigh on artificial intelligence-related stocks

Gold prices fell on Thursday, touching a more than ‌one-week low, after stronger-than-expected US inflation data and hawkish remarks from Federal Reserve officials boosted the dollar and cemented expectations of an interest-rate hike next month.

The odds that the Federal Reserve may raise interest rates by half a percentage point next month jumped on Tuesday after US data showed prices rising faster than expected in October and policymakers opened the door to a quicker pace of rate hikes.

The dollar index (DXY00) rallied to a 1.5-year high on Wednesday and finished up +0.65%. The dollar moved higher Wednesday as Fed rate-hike expectations rose after Tuesday’s US Oct CPI came in hotter than expected,

Derivatives trading suggests a retreat in US Treasuries is set to continue as faster-than-expected inflation data cemented the prospects for more aggressive interest-rate hikes from the Federal Reserve.

Tech stocks are rallying after upbeat earnings from CoreWeave eased investors’ fears about the AI trade.

Stocks were higher Wednesday, boosted by sharp gains in CoreWeave and a rebound in Nvidia following back-to-back losing sessions for the chipmaker.

Artificial intelligence (AI) cloud provider CoreWeave reported better-than-expected earnings, driving all three major New York stock indices higher on November 11 (local time). CoreWeave surged nearly 25%,

Stocks surged Wednesday as strong AI earnings helped the tech trade recover from a painful start to the week following bombshell revelations of Nvidia CEO Jensen Huang’s affair with an alleged

AI startup Anthropic files for an initial public offering targeting a historic $1T valuation as the company prepares its mid-November market debut. Madison Alworth outlines the S-1 filing details.

The potential valuation is markedly lower than the $2 trillion rumored earlier this year.

Anthropic could raise up to $63 billion in an IPO expected to take place next week.

Anthropic’s debut on public markets will be unlike any that’s come before it, in ways that amount to either a once-in-a-generation opportunity — or a massive financial gamble, depending on whom you ask.

Asian shares are mostly higher Wednesday, following a retreat on Wall Street as the U.S. inflation rose higher than expected in October

World shares were mostly higher Wednesday after a retreat on Wall Street as U.S. inflation rose higher than expected in October, while U.S. futures edged higher and oil prices rose. In early European trading,

The U.S. stock market dipped after a report showed inflation was worse across the country last month than economists expected

A rebound for stocks in the AI industry is lifting the U.S. market. The S&P 500 rose 1.6% Wednesday and is on track for a third gain in four days since last week's wipeout on worries about a