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'Semiconductors Are The New Oil:' Wealth Manager Says Saudi Arabia's Need For Data Centers Is Nudging It Toward Historic US Talks - iShares Trust iShares MSCI Saudi Arabia ETF (ARCA:KSA), Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)

The U.S., though not having export controls on Saudi, can interrupt Nvidia chip flow to Riyadh, he added. ....

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Global X Canada debuts as Mirae Asset aims unified global ETF brand

Mirae Asset Global Investments announced Thursday that its Canadian exchange-traded fund subsidiary, Horizons ETFs, is rebranded as Global X Canada, aligning with an integrative strategy of its global ETF offerings under the unified brand, Global X. Since being acquired by Mirae Asset Global Investments in 2011, the Canadian ETF firm has witnessed substantial growth in assets under management. AUM have escalated by 9. ....

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Thomson Reuters Triumphs in Q1 Backed by AI Product Roadmap and Strategic Acquisitions - Thomson Reuters (NYSE:TRI)

Thomson Reuters Corp reported Q1 2024 revenue growth of 8%, beating analyst consensus, with adjusted EPS of $1.11. The stock gained, driven by 9% organic revenue growth. CEO is confident in their AI product roadmap. Outlook is $7.24-$7.27 billion. Stock up 17% in last 12 months. ....

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Thomson Reuters Triumphs in Q1 Backed by AI Product Roadmap and Strategic Acquisitions

Thomson Reuters Corp (NYSE: TRI) reported fiscal first-quarter 2024 revenue growth of 8% year-on-year to $1.89 billion, beating the analyst consensus of $1.86 billion. The business information services provider’s adjusted EPS of $1.11 beat the analyst consensus of $0.95. The stock price gained after the print. Organic revenues increased by 9%, driven by 9% growth in recurring revenues (76% of total revenues). The “Big 3” segments (Legal Professionals, Corporates, and Tax & Accounting Professiona ....

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Nvidia CEO Jensen Huang Predicts AI Will Make Companies Hire More Workers With Higher Earnings - Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)

While acknowledging potential job obsolescence, Huang emphasized the continued value of human judgment. ....

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