Applied Materials decline after $710M revenue hit from US export restrictions
Applied Materials, one of the world’s largest suppliers of semiconductor manufacturing equipment, is bracing for a significant financial setback as new US…
US digest: Trump’s Hamas ultimatum, government shutdown stalemate continues
The United States closed the week with a mix of geopolitical tension, domestic political gridlock, and significant corporate developments. President Donald Trump…
Why Tesla’s record Q3 is a one-time high, and what comes next?
Tesla just wrapped up a blockbuster quarter, delivering 497,099 cars and building 447,450 units, its biggest numbers yet. The energy side of…
USA Rare Earth shares jump after CEO confirms talks with White House
USA Rare Earth (Nasdaq: USAR) saw its shares jump 10% in premarket trading on Friday following comments from newly appointed CEO Barbara…
Huawei’s AI chips rely on foreign parts despite China’s push for self-sufficiency
Huawei Technologies Co.’s Ascend 910C processors, considered China’s most competitive alternative to Nvidia’s AI hardware, contain advanced components from major Asian chipmakers,…
Dow futures soar over 100 points today: 5 things to know before Wall Street opens
US stock futures climbed on Friday as the market sentiment gets comfortable with the US government shutdown. Dow futures were more than…
FTSE 100 hits record high as financial stocks lead gains
London equities advanced on Friday, with the FTSE 100 reaching fresh record highs amid a broad rally across European markets, even as…
Hackers exploit Oracle systems, executives hit with ransom demands
A high-volume cyberattack has put global corporations on alert as hackers linked to the Cl0p ransomware gang target executives through extortion campaigns….
European Union plans 50% steel tariffs amid global overcapacity concerns
The European Union is planning to significantly raise tariffs on steel imports, proposing to hike the rate to 50%, a Bloomberg report…
India’s diesel exports to Europe surge on refinery maintenance, strong profits
In September, India’s diesel exports to Europe likely reached an unprecedented peak. The surge in exports was driven by traders capitalising on…
