The appointment, effective March 18, comes three months after Intel ousted CEO and company veteran Pat Gelsinger, whose costly and ambitious plan to turn the company around was faltering and sapping investor confidence. The Technology Roundup newsletter brings the latest news and trends straight to your inbox. Tan, a former Intel board member, had been […]
“With investors highly tuned into how AI spend will represent real revenue for big tech, Apple’s results have provided…reassurance,” said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Unlike its technology peers such as Microsoft who have poured billions into AI-related investments, Apple took a prudent approach, betting on AI as features meant […]
Under a plan jointly released by six financial regulators including the securities regulator, big state-owned insurance companies will be directed to raise both the size and proportion of their investments in Chinese stocks listed on the mainland and equity funds. The regulators will implement a long-term performance evaluation for state-owned insurance companies, with the annual […]
KSE-100 shed 1,991.49 points, or negative 1.77 percent to settle at 110,423.32 points, from 112,414.81 points on the last trading day at the stock market. A total of 628 million shares were traded during the day as compared to 880.6 million shares the previous trading day. The price of shares stood at Rs33.58 billion as […]
According to FBR, the new FBR New Password Policy states that users have to change their password every 60 days to achieve maximum security. The policy further stated that the password will expire after 60 days and the user has to change it through the “forget password” feature. However, the registration would require your mobile […]
Speaking at the 26th National Security Workshop at the National Defence University, the prime minister remarked, “If we are economically strong, with growing exports and an expanding industrial sector, our economic security will automatically bolster our critical national security.” Highlighting the government’s dedication to implementing a comprehensive “Charter of Economy,” the prime minister recalled proposing […]
KSE-100 shed 282.88 points or 0.31 percent to settle at 92,021.44 points at the closing of the stock market, as against the previous day’s closing of 92,304.32. A total of 889.16 million shares were exchanged during the trading session at the PSX, compared with the previous day’s turnover of 752.66 million shares. Analysts at Topline […]
The index gained 851.11 points, or 0.98%, to reach 88,045.64 points. According to Mohammed Sohail, CEO of Topline Securities, the rally was driven by local investors aggressively buying shares amid falling bond yields and expectations of a substantial cut in the monetary policy rate. “The locals are buying aggressively due to falling bond yields and […]
LONDON, March 1 (Reuters) – Investors poured the most cash into technology stocks since August in the week to Wednesday and doubled the amount they put into cryptocurrencies, according to a report on Friday from Bank of America Global Research. Inflows into tech stocks, which include the so-called “Magnificent 7″ largest companies by market value, […]
If executed with the right knowledge and technique, the stock exchange market can turn out to be the most profitable business for any person. Here are some tips on all the comprehensive details for how to invest in Pakistan Stock Exchange. How Stock Exchange Works? Stock Exchanges all over the world work in the same […]