Despite the potential swing, the era of Nvidia surprising everyone with 20% moves looks to be over.
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Headline inflation slowed to 4.3% in July, ending four months of acceleration – and beating market expectations.
Anthropic projects revenue of up to $200-billion by 2028, against a $47-billion run rate today, as it prepares for a mega-listing.
The damage is in the accounting rather than at the trading level, but shareholders face a big swing from profit to loss.
Borrowing costs at decade highs threaten the investment and consumption that have sustained economic growth.
Early land-clearing work has begun on what Elon Musk has claimed will be the biggest building on Earth, to build advanced chips.
MTN has been forced to write down its Irancell stake, sinking statutory earnings even as adjusted profit climbs.
Three forecasts about what AI could mean for South Africa’s economic growth show a very wide gap between them.
New Reunert CEO Anthonie de Beer is holding onto the cable business through the cycle and leaning on technology.
The company’s shares fell another 12% on Wednesday, dropping well below their $135 IPO price.