Author: i2wtc

Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | ReutersShares of Nvidia rose more than 3% in premarket on Wednesday, putting the tech giant on track to become the first company to cross the $5 trillion market value threshold.The extraordinary milestone would reflect a remarkable rise for the company, which has evolved from a niche video game processor to an integral player in the artificial intelligence boom.Shares of Nvidia were last seen up 3.1% in premarket. The stock…

An open-air strip retail center in Richmond, Virginia.Courtesy of NuveenA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.It would be an understatement to say that retail real estate has had a rough ride. It started with the birth of e-commerce and escalated with the Covid-19 pandemic. Its recovery has been splintered, given the varying subsectors of retail,…

Amazon’s largest AI data center has seven completed buildings, with 30 total buildings planned on 1,200 acres in New Carlisle, Indiana, shown here on October 8, 2025.Erin BlackNEW CARLISLE, Indiana — A year ago, it was farmland. Now, the 1,200-acre site near Lake Michigan is home to one of the largest operational AI data centers in the world. It’s called Project Rainier, and it’s the spot where Amazon is training frontier artificial intelligence models entirely on its own chips.Amazon and its competitors have pledged more than $1 trillion towards AI data center projects that are so ambitious, skeptics wonder if…

This photo taken on Sept. 24, 2025 shows posters of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, South Korea, Sept. 24, 2025. (Photo by Jun Hyosang/Xinhua)People from all walks of life in South Korea are looking forward to the upcoming visit of Chinese President Xi Jinping from Oct. 30 to Nov. 1.SEOUL, Oct. 29 (Xinhua) — Chinese President Xi Jinping will attend the 32nd Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in Gyeongju and pay a state visit to South Korea from Oct. 30 to Nov. 1 at the invitation of South Korean President Lee Jae-myung.People from all walks…

ISLAMABAD: The Islamabad High Court (IHC) newly constituted bench that was supposed to resume hearing a plea that accused IHC judge Tariq Mehmood Jahangiri of having a dubious LLB degree also stands dissolved. A division bench, consisting of Chief Justice Sardar Muhammad Sarfraz Dogar and Justice Muhammad Azam Khan on September 16 stopped Justice Jahangiri from performing his duties as it issued notices on the petition filed by Mian Dawood Advocate. The IHC judge and a number of his colleagues had later moved the Supreme Court, which on September 30 set aside the interim order of the division bench. Meanwhile…

Norges BankKristian Helgesen/Bloomberg | Bloomberg | Getty ImagesNorway’s $2 trillion sovereign wealth fund — the largest of its kind in the world — on Wednesday reported a 5.8% return during the third quarter, powered by strong stock market gains across mining, telecommunications and financial services.Norges Bank Investment Management (NBIM) manages the fund on behalf of the Norwegian population. Set up in the 1990s to invest excess revenues from Norway’s oil and gas industry, the enormous fund currently invests in assets across 70 countries.At the end of September, the Government Pension Fund Global had a value of 20.4 trillion Norwegian kroner ($2 trillion),…

Around 165,000 Pakistani students study abroad, yet very few pay taxes in Pakistan, NAB chief noted ISLAMABAD: National Accountability Bureau (NAB) Chairman Lt Gen (retd) Nazir Ahmad Butt has said that the top accountability watchdog will approach parliament with a request to reduce the current Rs500 million threshold required for initiating action in corruption cases. “NAB will ask parliament to lower this threshold, as many have started planning corruption below Rs500 million to evade prosecution,” the NAB chief said on Tuesday in his first press briefing since assuming charge of the organisation in March 2023. After the ouster of the…

ISLAMABAD: The federal government has appointed Syed Khurram Ali, a grade-21 officer of the Police Service of Pakistan, as the new director general (DG) of the National Cyber Crime Investigation Agency (NCCIA). A notification issued by the Establishment Division on Tuesday confirmed that Syed Khurram Ali, who had been serving under the Punjab government, will now head the Interior Ministry’s key cybercrime investigation body. The appointment was made with the approval of the federal cabinet. The former NCCIA DG, Waqar-ud-Din Syed, has been directed to report to the Establishment Division following his removal from the post amid reports of alleged…

Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., on April 30, 2025.Leah Millis | ReutersNvidia CEO Jensen Huang is headed to South Korea, one of the company’s most important markets, ahead of meeting there between U.S. President Donald Trump and his Chinese counterpart Xi Jinping.For Huang, it’s expected to be a trip that mixes business and politics with a meeting with Trump on the cards as well as execs from South Korea’s biggest firms such as Samsung and SK Group.Market watchers will also be looking out for…

OpenAI CEO Sam Altman (L) shakes hands with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington, U.S., on May 21, 2024. Jason Redmond | Afp | Getty Images Investors can’t get enough of artificial intelligence, despite worries over the sector’s excessively high valuations.The S&P 500, Dow Jones Industrial Average and Nasdaq Composite rose Tuesday stateside, with all three notching new intraday highs. The major averages were juiced by gains in tech. Nvidia popped nearly 5%, while Microsoft climbed roughly 2%.Both Apple…