Stay up to date with the latest stock market news from around the world. From breaking news written by our finance analysts to event-driven market news on a global scale.
Gaxos.ai (NASDAQ: GXAI), the small but ambitious AI company, has just unveiled a new weapon in its arsenal: Art-Gen.AI. While many investors know Gaxos for its dual focus on AI in gaming and health, this new platform catapults the company into the booming world of generative content creation, a market projected to reach hundreds of billions in annual revenue.
As European markets experience a boost from the prospect of lower U.S. borrowing costs, with the pan-European STOXX Europe 600 Index rising by 1.40%, investors are keenly observing opportunities within this favorable environment. Amidst this optimism, identifying stocks that are trading below their intrinsic value can present compelling investment prospects, especially when business activity in the eurozone is on an upward trajectory and manufacturing shows significant growth potential.