Real Estate
Michael Dell joins US$100 billion club as AI-driven shares surge
MICHAEL Dell’s fortune crested the US$100 billion mark for the first time on Friday (Mar 1) after Dell Technologies’ fourth-quarter earnings showed a tangible boost from demand for equipment...
Toymakers feel the pinch of Hollywood’s light 2024 movie lineup
TOYMAKER Jakks Pacific lost a quarter of its market value on Friday (Mar 1) after saying a shortage of potential Hollywood blockbusters will hold back sales this year. The...
Director filings and buyback momentum return
INSTITUTIONS were net sellers of Singapore stocks over the five trading sessions until Feb 29 inclusive, with S$615 million of net institutional outflow, as 18 primary-listed companies conducted buybacks...
Nvidia CEO says AI could pass human tests in five years
NVIDIA chief executive officer (CEO) Jensen Huang on Friday (Mar 1) said artificial general intelligence could – by some definitions – arrive in as little as five years. Huang,...
US: S&P 500, Nasdaq close at fresh records on AI boost, easing yields
US STOCKS rose on Friday (Mar 1), with the S&P 500 and Nasdaq closing at record highs, as technology stocks rallied on continued enthusiasm for artificial intelligence (AI), with...
Singapore to spend up to S$500 million on AI compute, S$27 million on AI training for students
SINGAPORE will invest up to S$500 million in high-performance compute resources to support artificial intelligence (AI) innovation and capacity building, said Senior Minister of State for Communications and Information...
China’s Li Auto pins hopes on first all-electric model
LI AUTO officially launched on Friday (Mar 1) its first pure electric model MEGA multi-purpose vehicle (MPV), which founder and CEO Li Xiang expects to become the Chinese electric...
Japan’s biggest airlines to hire 3,700 workers in the next 12 months
JAPAN’S two biggest airlines announced plans to recruit more than 3,700 new employees in the fiscal year ending in March 2025 to meet the continued demand that began after...
