GasLog announced that the Board has appointed Dennis Houston as new independent member of the board effective June 14. The board has further appointed Graham Westgarth as Chief Operating Officer. Westgarth joined GasLog in January as Executive Vice President, Operations and Strategy from Teekay Shipping, where he had been a member of the Teekay Senior Leadership team.
The insurer was accused by a short-seller of "extensive" fraud.
(Bloomberg) -- Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government with AI and cloud services.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackSingapore Loses ‘World’s Best
People's wealth could take a huge hit as the stock market peaks after one of the longest bull markets ever, according to an investment chief.
Will Chinese "overproduction" of semiconductor chips swamp the market?
TAIPEI (Reuters) -Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc and Nvidia supplier, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led electronics demand and pushed TSMC's stock to a record high. TSMC saw January-March net profit rise to T$225.5 billion ($6.98 billion) from T$206.9 billion a year earlier.
Even the best stocks fall in a bear market. Here's what to do during a stock market correction to protect your portfolio.
A downbeat report from ASML dragged down other AI stocks.
Investors rarely get a chance to buy growth stocks at such depressed valuations.
Big Tech earnings are coming up, and Wall Street wants to know how companies are making money on their massive AI investments.
With strong demand and AI partnerships with Google in hand, Nvidia stock shows resilience and etches a potential breakout.
