The Dow Jones index rose but other indexes lagged in the stock market today. Yield rose as investors awaited Trump's Davos address.
The Promenade in Davos, Switzerland is the focal point of the World Economic Forum's annual meeting in the Swiss ski town — and AI is front and center
The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.
Schneider Electric is keen to cooperate with U.S tech giant Nvidia in developing data centers in Vietnam, said Jean-Pascal Tricoire, chairman of the French industrial technology giant.
President Donald Trump promised global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t.
He will participate in roundtable discussions with senior executives of NVIDIA on the establishment of Next-Gen Artificial Intelligence (AI) and data centres and an AI University in the State.
President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.
JPMorgan Chase & Co. Chief Executive Jamie Dimon said this week that asset prices, including stocks, were "kind of inflated, by any measure," during a CNBC interview at the World Economic Forum in Davos, Switzerland.
The S&P 500 climbed to a fresh record on Thursday, driven by President Donald Trump’s calls for immediate interest rate cuts and cheaper oil prices.
The FBM KLCI inched higher in morning trade although the buying sentiment is expected to pick up following Wall Street's positive performance overnight and the US President's talk of lowering interest rates.
Vietnam has the potential to establish itself as an international financial hub by fostering digital asset development, similar to Switzerland, Singapore, and the United Arab Emirates, an analyst has said.