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Silicon Valley 'Quite Happy' With JD Vance as Trump's Running Mate: VP Bank CIO
Felix Brill, CIO of VP Bank, discusses the 'Trump trade' effect and also says "some guys in Silicon Valley are quite happy" about Donald Trump's pick of Senator JD Vance as his running mate in the 2024 presidential race.
U.S. Yield Curve Steepens on Rising Odds of Trump Presidency
0609 GMT - The U.S. Treasury yield curve is steepening, primarily led by the long end, as chances for a Donald Trump presidency spike, putting fiscal concerns high on the market's agenda Hauke
SK Telecom announced its entry into the AI datacenter market by investing $0.2 billion in SGH in the USA.
SK Telecom of South Korea said on Tuesday that it will invest $0.2 billion in Smart Global Holdings (SGH), a U.S. artificial intelligence (AI) data center solutions provider. It is SK Telecom's largest investment in the AI field to date. SK Telecom has signed an agreement to acquire 0.2 million preferred shares (approximately 10% of the shares) from SGH, which will be converted into common shares later. Through this investment, the two companies will cooperate in the AI infrastructure business, including the construction and operation of data centers. Founded in 1988, SGH is an AIDC solution provider.
Five Things to Know About J.D. Vance, Trump's VP Pick
J.D. Vance is Donald Trump's pick for vice president, the former president announced on Monday afternoon. The senator, who became famous for "Hillbilly Elegy," a memoir about his hometown of Middletown, Ohio, has since blazed a political path for himself as a staunch conservative and Trump ally.
US Stock Futures Rise Amid Trump Speculation, Rate Cut Cheer
U.S. stock index futures rose in evening deals on Monday, extending gains from the session amid increasing optimism over interest rate cuts, while bets on Donald Trump securing a second term also grew.
Small cap stocks' "spring" is coming? Increased demand for call options related to the e-mini Russell 2000 index.
Good times may be coming for small-cap investors.