European stocks advance, AI propels US into record territory
The Peninsula
London: Enthusiasm over AI helped propel tech stocks higher and Wall Street to fresh records on Thursday while European stocks advanced as central ban...
London: Enthusiasm over AI helped propel tech stocks higher and Wall Street to fresh records on Thursday while European stocks advanced as central banks made interest rate calls.
A day after a public holiday, Wall Street's S&P 500 and Nasdaq Composite pushed higher at the open Thursday from record closes on Tuesday, setting new all-time highs.
"US markets reopened after a day's holiday and AI chip giant Nvidia continued its ascent," said Dan Coatsworth, investment analyst at AJ Bell.
Market enthusiasm for artificial intelligence has driven a surge in tech stocks, in particular for Nvidia which produces high-end processors prized for AI applications.
Nvidia's market capitalisation edged past Microsoft on Tuesday to become the world's most valuable publicly traded company and its shares struck a fresh record on Thursday.
Doha, Qatar: Following the statement issued by the Office of the Public Prosecutor on April 18, 2023, Qatar s competent Primary Court on Thursday, Nov...
Doha, Qatar: Following the statement issued by the Office of the Public Prosecutor on April 18, 2023, Qatar s competent Primary Court on Thursday, Nov...
Gaza: The death toll from the Israeli aggression on Gaza, which has been ongoing since Oct. 7, 2023, has risen to 44,056 martyrs in addition to 104,26...
Masnaa, Lebanon: Stuck in no man s land on the war hit Lebanon Syria border, cab driver Fadi Slika now scrapes a living ferrying passengers between tw...
Doha, Qatar: The FIFA Intercontinental Cup Qatar 2024 Local Organizing Committee (LOC) has confirmed that general public ticket sales begunon Thursday...
The Hague: The International Criminal Court on Thursday issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and Defence Minister Yoav...
Doha, Qatar: Strong winds and high seas are forecasted from tomorrow, November 22, until next week, prompting a marine warning by the Qatar Meteorolog...
Helsinki: Up to 80,000 households in Finland lost power on Thursday and traffic was disrupted as the country s first big snowstorm of the season broug...
Berlin: German newspaper Die Zeit has published a series of excerpts from Freedom , the eagerly anticipated memoir by former German chancellor Angela...
Lille, France: A body was found on a beach in northern France, authorities told AFP on Thursday, the fourteenth corpse found at sea or off the country...
Las Vegas: Lewis Hamilton on Wednesday said he had shrugged off deep disappointment after the Sao Paulo Grand Prix and pledged to give his all for Mer...