Uplifting Echoes

Business

South Korea’s Kospi index jumps nearly 18% on a surge in chipmaking stocks - AP News

South Korea’s Kospi index jumps nearly 18% on a surge in chipmaking stocks - AP News

World markets have advanced and South Korea’s Kospi index has jumped nearly 18% as artificial intelligence-related stocks bounce back after losses earlier this week. U.S. futures edged higher and oil prices resumed climbing. Shares of South Korean technology …

Why Amazon (AMZN) Stock Is Jumping 10% Despite a Massive AI Capex Hike - Barron's

Why Amazon (AMZN) Stock Is Jumping 10% Despite a Massive AI Capex Hike - Barron's

Amazon’s revenue for the quarter reached $201 billion, above expectations of $197 billion, and up 20% on the year.

Nasdaq futures rise as Wall Street rebounds; South Korea's Kospi soars 15%: Live updates - cnbc.com

Nasdaq futures rise as Wall Street rebounds; South Korea's Kospi soars 15%: Live updates - cnbc.com

The after-hours moves followed a powerful rally during Thursday's regular session, led by Microsoft.

Oil prices ease as recovering Hormuz Strait traffic tempers war premium - cnbc.com

Oil prices ease as recovering Hormuz Strait traffic tempers war premium - cnbc.com

Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had eased market concerns after U.S.-Iran strikes earlier this week.

Oil companies are expected to reap big profits because of US-Iran conflict - AP News

Oil companies are expected to reap big profits because of US-Iran conflict - AP News

Major oil companies reported massive profits while fighting between Iran and the U.S. impeded petroleum shipments. Prices for Brent crude soared above $100 a barrel for much of the spring. Constrained supplies meant consumers around the world paid more for fu…

BOJ holds rates at 1%, warns of core inflation exceeding 2% target - CNBC

BOJ holds rates at 1%, warns of core inflation exceeding 2% target - CNBC

The decision comes as speculation continues to swirl around whether the Bank of Japan will hike rates at a faster pace.

Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing - Fortune

Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing - Fortune

The iPhone maker said sever constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.

Everyone Wants to Build the Best AI Model. Amazon Wants Something More Valuable. - The Motley Fool

Everyone Wants to Build the Best AI Model. Amazon Wants Something More Valuable. - The Motley Fool

Everyone is debating which AI company will build the best AI model. But that may be the wrong question for investors to focus on.

Anthropic says AI models hacked three firms during tests - bbc.com

Anthropic says AI models hacked three firms during tests - bbc.com

It comes just days after rival OpenAI said rogue AI agents had breached other firms' networks.