Tag:

Boom

Renewable energy boom seen pushing copper, silver prices higher

Rising global demand for renewable energy is expected to drive up prices of key industrial metals such as copper and silver, as countries accelerate the shift away from fossil fuels amid geopolitical tensions.

17 Apr 2026-16:30
Bank of America profit rises on trading boom

Bank of America reported higher first-quarter profit, driven by a surge in trading activity and a strong rebound in investment banking fees.

15 Apr 2026-15:15
Citi profit jumps 42% as trading boom lifts earnings

Citigroup reported a 42% jump in first-quarter profit, driven by heightened market volatility that boosted trading activity and strong performance in investment banking.

14 Apr 2026-16:32
Chip boom lifts Samsung profit to record levels

Samsung Electronics has forecast a dramatic surge in first-quarter profits, driven by booming demand for artificial intelligence infrastructure that has pushed semiconductor prices sharply higher.

07 Apr 2026-09:14
Oracle lifts 2027 revenue forecast amid booming AI demand

Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading.

11 Mar 2026-10:07
ASML shifts outlook as AI drives chip demand

ASML, the world’s largest supplier of lithography systems used in semiconductor manufacturing, said in its 2025 annual report published Wednesday that it now views the artificial intelligence boom as the primary driver of demand for its products.

25 Feb 2026-14:50
Nvidia earnings test AI boom amid rising competition

As Nvidia prepares to report quarterly earnings on Wednesday, investors are watching closely for signs that profits continue to surge alongside Big Tech’s estimated $630 billion in AI-related capital spending—while weighing growing competitive threats to the company’s long-held dominance.

24 Feb 2026-15:14
AMD shares jump ahead of key Q4 earnings report

AMD is set to report its fourth-quarter earnings after the market close on Tuesday, giving investors a clearer view of the health of the ongoing artificial intelligence boom.

03 Feb 2026-15:01
S. Korea stocks hit record as Kospi tops 5,000 for first time

South Korea’s benchmark stock index reached the 5,000 level for the first time on record, achieving a target set by President Lee Jae Myung, driven by strong AI-related demand in the country’s technology-heavy market.

22 Jan 2026-14:25
Tech giants pour billions into AI infrastructure boom

Global technology companies are accelerating multi-billion-dollar investments in artificial intelligence infrastructure, as surging demand for advanced models, chips and data centres reshapes competition across the sector.

30 Dec 2025-15:25