BET
Apple approaches US$4 trillion valuation as investors bet on AI momentum
APPLE is closing in on a historic US$4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.The company...
US dollar holds firm as traders bet on cautious Fed in 2025
THE greenback held firm on Tuesday (Dec 17) ahead of an expected interest rate cut in the United States, as traders grow increasingly convinced the Federal Reserve will lower...
Largest Bet Ever Placed in History
In the world of gambling, some bets stand out not just for their size but for the stories behind them. From legendary figures to shocking payouts, these bets have...
JPMorgan bolsters Florida bet with 300 new jobs in Orlando
JPMORGAN plans to hire 300 people in the Orlando area over the next two years, part of the largest US bank’s expansion in the South.The firm will renovate its...
Big Pharma’s bet on China biotech is a rare trade bright spot
AT A time when geopolitical tensions are hitting industries from semiconductors to electric vehicles, pharmaceutical dealmaking has become a rare bright spot for collaboration between China and the West....
Sembcorp stays on transformation course, but big bet on renewable energy comes with risks
The threat of US tariffs, for example, could dampen global trade and electricity demand, and weaken the drive to invest in fossil fuels HARDLY a month goes by without...
Hertz falls on mounting losses from failed bet on Tesla EVs
HERTZ Global Holdings tumbled after the company reported a worse-than-expected loss stemming from the rental car company’s failed bet on electric vehicles (EVs) and heavy depreciation costs that have...
Volkswagen boosts bet on Rivian’s EV technology by US$800 Million
VOLKSWAGEN (VW) and Rivian Automotive named leaders for their multi-billion US dollar joint venture (JV) and showcased a prototype electric vehicle (EV), signalling their commitment even as global EV...
