Asian investors were struggling to maintain a recent rally across markets as they awaited the earnings release of U.S. technology company Nvidia. Despite the S&P 500 and Nasdaq hitting record highs and the Federal Reserve’s May policy minutes providing some insight into interest rates, there were few catalysts to drive buying. The uplift in stocks … Read more
Asian stocks were mostly stable to lower on Wednesday as investors awaited further signals on U.S. interest rates from the recent Federal Reserve meeting. Optimism about China cooled, affecting sentiment towards regional markets, while investors were cautious about tech stocks ahead of key earnings from NVIDIA Corporation. Japanese stocks fell after disappointing trade data, with … Read more
The Broadcom acquisition of VMware shook the virtualization industry in Southeast Asia. While some see it as a mere shift of ownership, others fear price hikes, product cuts, and service quality decreases. This article analyzes the situation and potential scenarios and describes some actionable steps that businesses can take to navigate this turbulence. VMware’s journey: … Read more