Arm shares jump 7% on HSBC upgrade as AI demand boosts outlook
Arm Holdings Plc shares surged on Friday after a major analyst upgrade and growing optimism around its role in the artificial intelligence (AI) chip ecosystem fueled investor interest. The stock gained 7% to its intraday high, extending its recent rally as
Tesla stock slides 2% as regulatory risks, robotaxi doubts mount
Shares of Tesla dropped more than 2% on Friday, extending recent losses as broader U.S. markets weakened amid escalating geopolitical tensions. At the time of writing, the Tesla stock was down over 2% to trade at $372. The Dow Jones Industrial Average
Link Labs extends AirFinder Bluetooth tag tracking beyond the facility via Hubble’s gateway network
By Marc Kavinsky, Lead Editor at IoT Business News. Link Labs has integrated Hubble Network connectivity into its AirFinder asset-tracking platform, allowing the company’s Bluetooth LE tags to report location and sensor data when assets move outside Link Labs-enabled sites. The
Labour to allow 30m wind turbines at schools and hospitals in planning shake-up
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Coinbase launches stock perpetual futures for non-US users
Coinbase has introduced perpetual stock futures for eligible non-US retail and institutional traders, expanding its derivatives offering into US equities. The move marks a significant step in the company’s broader ambition to become an “Everything Exchange,” combining crypto, traditional assets,
US market extends selloff on Friday, Dow Jones down 100 points
Wall Street opened lower on Friday as the escalating conflict involving Iran approached its fourth week, unsettling energy markets and forcing investors to reassess expectations for interest-rate cuts by the Federal Reserve. Dow Jones Industrial Average, S&P 500, and Nasdaq 100
FedEx soars on earnings beat, Iran war unlikely to disrupt business
Shares of American logistics and transportation giant FedEx jumped by over 7.6% on Friday after it reported stronger-than-expected third-quarter results and lifted its full-year guidance. The company posted adjusted earnings per share of $5.25 on revenue of $24 billion for its