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Nvidia on Wednesday forecast a 70 per cent jump in revenue next fiscal year, underscoring unabated demand for AI computing, while warning about shortages of memory components.

A new report from Fidelity suggests financial advisors are increasingly looking for evidence that AI investments are translating into strong financial results.

SpaceX touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company, but investors remained concerned about long-term investments.

Shares of Elon Musk's SpaceX have been choppy Tuesday following a three-session selloff that wiped out more than US$600 billion from the company's market value.

SpaceX roared past Amazon's market valuation on Tuesday and briefly topped that of Microsoft, rapidly scaling the list of the world's most valuable companies.

The S&P 500 rose 0.2 per cent a day after setting its latest all-time high. The Dow Jones Industrial Average was up 140 points, or 0.3 per cent, as of 11:30 a.m.

Wall Street is clawing back some of its steep losses from Friday, as stocks swept up in the artificial-intelligence boom bounced back on Monday.

The price of crude oil rose after both the United States and Iran said they launched retaliations for earlier attacks or attempted ones.

North American stock markets opened lower Thursday as oil prices rose and treasury yields resumed their climb amid the ongoing stalemate between Iran and the U.S.

The purchases included securities linked to companies such as Microsoft, Meta Platforms, Oracle, Broadcom, Bank of America and Goldman Sachs, as well as trades in municipal bonds.

The meat of the summit won't happen until Thursday, when U.S. President Donald Trump and Chinese President Xi Jinping hold bilateral talks and a formal banquet.

Nvidia, a major player in the development of artificial intelligence computing, has tapped a Montreal company to build AI servers in Canada.

President Donald Trump said the U.S.-Iran ceasefire was on “life support” after he rejected Iran's latest proposal to end their war.

OpenAI CFO Sarah Friar expressed concerns to other leaders over the company's ability to pay for future computing contracts if revenue did not grow fast enough, the report said.

The Chinese Embassy in Washington said it opposes "the baseless allegations," adding that Beijing "attaches great importance to the protection of intellectual property rights."

Cook will turn the CEO duties to Apple’s head of hardware engineering, John Tenus, on Sept. 1 while remaining involved with the company as executive chairman.

The S&P 500 fell 1.7% to close its worst week since the war with Iran began, while Wall Street's five-week losing streak is its longest in nearly four years.

Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran.

Tech shares led U.S. stocks modestly higher on Tuesday as hopes for an earlier-than-expected end to the U.S.-Israeli war on Iran persisted.

South Korea's chip industry, which supplies around two-thirds of global memory chips, is also concerned that a prolonged conflict in Iran will lead to higher energy costs.