AI Is Splitting Software Into Winners and Losers, Citi’s Tyler Radke Says

Citi’s Tyler Radke says AI is creating software winners and losers. He expects Microsoft’s revenue growth to top 20% while Adobe feels pressure as AI projects absorb corporate budgets. Radke, Citi’s co-head of US software equity research, told Bloomberg Television the sector looked very different earlier this year. At that point, a chip stock at […]

Kazakhstan shuts down mobile access to 6 major crypto exchanges

September orders bind Apple and Google upon service and target unauthorized services in the AIFC; implementation remains unconfirmed. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

KOSPI Jumps 3.54%, Nikkei Gains 1.43%, But How Is Oil Driving the Rebound?

The Korea Composite Stock Price Index (KOSPI) jumped 3.54% and Japan’s Nikkei 225 gained 1.43% in Wednesday morning trading. According to some, easing oil prices helped chip stocks lead the rebound, though crude still sits above $100 a barrel. Oil explains only part of the move. Still, KOSPI remains down 17.14% over one month, per […]