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Nvidia Corp. partner Hon Hai Precision Industry Co. reported better-than-expected quarterly revenue, signaling sustained and elevated spending on global AI infrastructure.
Nvidia Corp.’s price-to-earnings multiple and projected 70% earnings growth for next year demonstrate that artificial intelligence-driven technology stocks remain far from bubble territory, DBS Group Chief Investment Officer Hou Wey Fook said.
Denmark suffered a major data breach that gave unauthorized individuals access to names, addresses and personal identification numbers belonging to about 8.8 million people registered in the country’s central population database.
BT Group Plc bought TalkTalk and PlatformX Communications Ltd. out of administration to prevent the UK broadband provider from collapse in a deal that’s expected to have a total cash impact of £400 million ($529 million) for the 2027 fiscal year.
DBS Group Chief Investment Officer Hou Wey Fook says AI-led earnings growth continues to underpin major technology stocks while investment-grade bonds yielding above 5% offer an attractive source of income and portfolio stability. He joined Bloomberg's Insight with Haslinda Amin (Source: Bloomberg)
Qualcomm Inc. has agreed to license patents underpinning Huawei Technologies Co.’s novel LogicFolding chipmaking technique, a win for the Chinese company and its push to advance in overseas AI markets.
European defense startups raised a record amount of capital this year, turning to US investors more than local funds for the first time.
Schneider Electric said it is acquiring US-based engineering software developer PTC for an implied enterprise value of $23.7 billion. The French conglomerate will buy PTC for $205 per share in an all-cash deal. Bloomberg's Manuel Baigorri breaks down the situation. (Source: Bloomberg)
Roy Larke, Co-founder at consultancy JapanConsuming, discusses the outlook and challenges facing Japan's retail and consumer sector. He speaks with Shery Ahn on Bloomberg: The Asia Trade. (Source: Bloomberg)
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