Top semiconductor ETFs have rallied in the past few years as the tailwinds in the AI industry continued. The VanEck Semiconductor ETF (SMH) jumped to a high of $348 this month, up by 100% from its lowest point in April. Similarly, the iShares Semiconductor ETF (SMH) rose to $292, also up by 95% from its
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Top semiconductor ETFs have rallied in the past few years as the tailwinds in the AI industry continued. The VanEck Semiconductor ETF (SMH) jumped to a high of $348 this month, up by 100% from its lowest point in April. Similarly, the iShares Semiconductor ETF (SMH) rose to $292, also up by 95% from its
3.6KItalian fashion house Giorgio Armani SpA has appointed long-time company executive Giuseppe Marsocci as its new chief executive officer following the death of founder Giorgio Armani, signaling continuity during a critical transition period. Marsocci, who previously served as Armani’s chief commercial officer, will assume his new role immediately, the company said in a statement on
Italian fashion house Giorgio Armani SpA has appointed long-time company executive Giuseppe Marsocci as its new chief executive officer following the death of founder Giorgio Armani, signaling continuity during a critical transition period. Marsocci, who previously served as Armani’s chief commercial officer, will assume his new role immediately, the company said in a statement on
2KCommerzbank share price has pulled back from its highest point this year as investors wait for more information from UniCredit. The CBK stock was trading at €32.7 on Friday, down from the year-to-date high of €38.3. Still, it is one of the best-performing companies in the blue-chip DAX Index. It has jumped by 120% this
Commerzbank share price has pulled back from its highest point this year as investors wait for more information from UniCredit. The CBK stock was trading at €32.7 on Friday, down from the year-to-date high of €38.3. Still, it is one of the best-performing companies in the blue-chip DAX Index. It has jumped by 120% this
4.5KTeraWulf Inc., a US-based crypto mining firm, is preparing to raise about $3 billion to fund the expansion of its data centres, with Google Inc. backing the transaction. The deal, arranged by Morgan Stanley, is expected to be launched in October through either the high-yield bond or leveraged loan markets. The development comes at a
TeraWulf Inc., a US-based crypto mining firm, is preparing to raise about $3 billion to fund the expansion of its data centres, with Google Inc. backing the transaction. The deal, arranged by Morgan Stanley, is expected to be launched in October through either the high-yield bond or leveraged loan markets. The development comes at a
2.3KThe UK has launched a new national commission to address the use of artificial intelligence in health care, aiming to attract global investment while ensuring patient safety. The commission brings together doctors, academics, and regulatory experts to design a framework for AI medical devices, with a final version expected in 2026. Tech firms such as
The UK has launched a new national commission to address the use of artificial intelligence in health care, aiming to attract global investment while ensuring patient safety. The commission brings together doctors, academics, and regulatory experts to design a framework for AI medical devices, with a final version expected in 2026. Tech firms such as
2.9KHackers have exploited vulnerabilities in Cisco Systems’ firewall devices used across US federal agencies, according to officials. The Cybersecurity and Infrastructure Security Agency (CISA) issued an emergency directive on Thursday, ordering civilian agencies to identify and mitigate breaches. The flaws were used to implant malicious code and execute commands, raising fears of stolen data. Cisco
Hackers have exploited vulnerabilities in Cisco Systems’ firewall devices used across US federal agencies, according to officials. The Cybersecurity and Infrastructure Security Agency (CISA) issued an emergency directive on Thursday, ordering civilian agencies to identify and mitigate breaches. The flaws were used to implant malicious code and execute commands, raising fears of stolen data. Cisco
3.5KThe US government is rolling out a bold new plan aimed at shifting the semiconductor industry closer to home. Under this rule, chipmakers will need to produce as many chips inside the country as are imported from overseas, a report by The Wall Street Journal said on Friday. The idea: curb America’s heavy reliance on
The US government is rolling out a bold new plan aimed at shifting the semiconductor industry closer to home. Under this rule, chipmakers will need to produce as many chips inside the country as are imported from overseas, a report by The Wall Street Journal said on Friday. The idea: curb America’s heavy reliance on
1.1KEuropean exchanges kicked off the session strongly on Friday, with London’s FTSE 100 rising to 9,227.08 (+0.14 %), Germany’s DAX opening at 23,629.84 (+0.40 %), and France’s CAC 40 reaching 7,845.82 (+0.65 %) in early trading. These gains come as investors in Europe recalibrate their expectations in light of new US tariffs targeting pharmaceuticals, heavy
European exchanges kicked off the session strongly on Friday, with London’s FTSE 100 rising to 9,227.08 (+0.14 %), Germany’s DAX opening at 23,629.84 (+0.40 %), and France’s CAC 40 reaching 7,845.82 (+0.65 %) in early trading. These gains come as investors in Europe recalibrate their expectations in light of new US tariffs targeting pharmaceuticals, heavy
4.1KChinese autonomous driving developer Momenta is weighing a change in its listing plans, with the company considering Hong Kong as the venue for its initial public offering instead of New York, Reuters said in a report, citing sources. The move would add Momenta to a growing list of Chinese firms looking to raise capital closer
Chinese autonomous driving developer Momenta is weighing a change in its listing plans, with the company considering Hong Kong as the venue for its initial public offering instead of New York, Reuters said in a report, citing sources. The move would add Momenta to a growing list of Chinese firms looking to raise capital closer
4.2KAsian equity markets retreated on Friday, pressured by renewed concerns over US trade policy and uncertainty around the path of interest rates. The declines followed the Trump administration’s announcement of a sweeping new round of tariffs, including 100 percent duties on imported branded pharmaceuticals, 25 percent on heavy-duty trucks, and 50 percent on kitchen cabinets.
Asian equity markets retreated on Friday, pressured by renewed concerns over US trade policy and uncertainty around the path of interest rates. The declines followed the Trump administration’s announcement of a sweeping new round of tariffs, including 100 percent duties on imported branded pharmaceuticals, 25 percent on heavy-duty trucks, and 50 percent on kitchen cabinets.
