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OpenAI to help UAE develop one of world's biggest data centers, Bloomberg News reports
Market Updates

OpenAI to help UAE develop one of world's biggest data centers, Bloomberg News reports

(Reuters) -Microsoft-backed OpenAI plans to help develop a large new data center in the United Arab Emirates that may eventually be one of the largest in the world, Bloomberg News reported on Friday....

  • May 16, 2025 11:47 AM PDT
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Dow Turns Positive Year to Date as Index Jumps 300 Points in Friday's Session
Market Updates

Dow Turns Positive Year to Date as Index Jumps 300 Points in Friday's Session

Who says UnitedHealth is a drag on the Dow? The blue-chip index turned positive year to date with a gain of 300 points, or 0.7%, on Friday. The S&P 500 was up 0.6%. The Nasdaq Composite was up 0.4%. U...

  • May 16, 2025 11:41 AM PDT
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Apple Stock Has Been in the Tariff Spotlight. Where Things Stand Now.
Market Updates

Apple Stock Has Been in the Tariff Spotlight. Where Things Stand Now.

The company’s ‘aggressive push towards India production has been a very smart strategic move,’ Wedbush says. Continue Reading View Comments

  • May 16, 2025 11:36 AM PDT
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LG Display: Q1 Earnings Snapshot
Market Updates

LG Display: Q1 Earnings Snapshot

SEOUL, Korea, Republic Of (AP) — SEOUL, Korea, Republic Of (AP) — LG Display Co. (LPL) on Thursday reported a loss of $180.8 million in its first quarter. On a per-share basis, the Seoul, Korea, Repub...

  • May 16, 2025 11:29 AM PDT
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UBS to Close Robo-Advisor, Joining Big Banks’ Retreat From Digital Advice
Market Updates

UBS to Close Robo-Advisor, Joining Big Banks’ Retreat From Digital Advice

UBS plans to wind down its purely digital robo-advisor, UBS Advice, next month, making it the latest big bank to throw in the towel on digital advice. Existing UBS Advice accounts will transition to a...

  • May 16, 2025 11:28 AM PDT
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OpenAI to Help UAE Develop One of World’s Biggest Data Centers
Market Updates

OpenAI to Help UAE Develop One of World’s Biggest Data Centers

(Bloomberg) -- OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be one of the largest in the world, a major bet on the Middle East and a significa...

  • May 16, 2025 11:26 AM PDT
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American Electric Power Stock Earns RS Rating Upgrade
Market Updates

American Electric Power Stock Earns RS Rating Upgrade

American Elec Power shows improving price performance, earning an upgrade to its IBD Relative Strength Rating Continue Reading View Comments

  • May 16, 2025 11:24 AM PDT
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أعلنت مجموعة شركات Hovnanian Enterprises عن شراكة استراتيجية بين شركتي K. Hovnanian M.E والشركة السعودية NHC
Market Updates

أعلنت مجموعة شركات Hovnanian Enterprises عن شراكة استراتيجية بين شركتي K. Hovnanian M.E والشركة السعودية NHC

ماتاوان، نيوجيرسي،, May 16, 2025 (GLOBE NEWSWIRE) -- أعلنت مجموعة Hovnanian Enterprises, Inc. (NYSE: HOV)، وهي شركة رائدة في مجال بناء المنازل على مستوى الولايات المتحدة، عن توقيع مذكرة تفاهم استراتيج...

  • May 16, 2025 11:20 AM PDT
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From insulin to Ozempic, history of Novo Nordisk's CEOs
Market Updates

From insulin to Ozempic, history of Novo Nordisk's CEOs

(Reuters) -Ozempic-maker Novo Nordisk on Friday ousted its CEO Lars Fruergaard Jorgensen over concerns the company is losing its first-mover advantage in the competitive obesity drug market to America...

  • May 16, 2025 11:17 AM PDT
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Private Credit Gets a Scorecard as Morningstar Steps In
Market Updates

Private Credit Gets a Scorecard as Morningstar Steps In

Morningstar has been grading stock and bond funds for years, but it's now going to begin rating less-liquid private asset funds marketed to the masses. CEO Kunal Kapoor joined Bloomberg Open Interest...

  • May 16, 2025 11:12 AM PDT
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