Wall Street is looking at a volatile week ahead as US President Donald Trump’s latest tariffs on China is expected to increase the uncertainties among investors. The ongoing government shutdown is already testing the nerves of the market, and adding geopolitical tensions to that will work as a perfect recipe for a storm. Q3 earnings
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Wall Street is looking at a volatile week ahead as US President Donald Trump’s latest tariffs on China is expected to increase the uncertainties among investors. The ongoing government shutdown is already testing the nerves of the market, and adding geopolitical tensions to that will work as a perfect recipe for a storm. Q3 earnings
16Qualcomm CEO Cristiano Amon met with Indian Prime Minister Narendra Modi on Saturday, as the Asian country looks to ride the wave of the global AI boom. The meeting, which came on the sidelines of India Mobile Congress 2025, came as the Indian administration is looking for more partners in the chipmaking world and to
Qualcomm CEO Cristiano Amon met with Indian Prime Minister Narendra Modi on Saturday, as the Asian country looks to ride the wave of the global AI boom. The meeting, which came on the sidelines of India Mobile Congress 2025, came as the Indian administration is looking for more partners in the chipmaking world and to
12US homebuilder stocks remain in focus after an Evercore ISI analyst, Stephen Kim, downgraded six of them, citing near-term headwinds despite the sector posting robust profitability and capital returns. According to him, the policy shifts could hurt valuations. “It’s unfortunate for the homebuilders,” he told CNBC, pointing to government efforts that may inadvertently pressure sector
US homebuilder stocks remain in focus after an Evercore ISI analyst, Stephen Kim, downgraded six of them, citing near-term headwinds despite the sector posting robust profitability and capital returns. According to him, the policy shifts could hurt valuations. “It’s unfortunate for the homebuilders,” he told CNBC, pointing to government efforts that may inadvertently pressure sector
17From a new US-China trade flare-up to an unexpected Nobel twist, this week was packed with major global headlines. President Trump slapped a 100% tariff on Chinese imports, Venezuela’s María Corina Machado won the 2025 Nobel Peace Prize, Israel and Hamas agreed to a fragile ceasefire, AMD partnered with OpenAI, and the UK-India relationship got
From a new US-China trade flare-up to an unexpected Nobel twist, this week was packed with major global headlines. President Trump slapped a 100% tariff on Chinese imports, Venezuela’s María Corina Machado won the 2025 Nobel Peace Prize, Israel and Hamas agreed to a fragile ceasefire, AMD partnered with OpenAI, and the UK-India relationship got
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China’s decision to blacklist Canadian semiconductor research firm TechInsights has stirred fresh concerns about the opacity of its technology ecosystem. The move, which restricts Chinese entities from sharing information with the company, comes amid a widening global battle for semiconductor self-sufficiency, data control, and national security. The ban was announced by China’s Commerce Ministry on
China’s decision to blacklist Canadian semiconductor research firm TechInsights has stirred fresh concerns about the opacity of its technology ecosystem. The move, which restricts Chinese entities from sharing information with the company, comes amid a widening global battle for semiconductor self-sufficiency, data control, and national security. The ban was announced by China’s Commerce Ministry on
19Tata Consultancy Services (TCS), India’s largest private-sector employer, has made its deepest job cuts ever as the country’s $280 billion IT services industry braces for disruption from artificial intelligence and geopolitical headwinds. The company’s workforce fell below 600,000 for the first time since 2022 after it shed 19,755 employees in the quarter ended 30 September
Tata Consultancy Services (TCS), India’s largest private-sector employer, has made its deepest job cuts ever as the country’s $280 billion IT services industry braces for disruption from artificial intelligence and geopolitical headwinds. The company’s workforce fell below 600,000 for the first time since 2022 after it shed 19,755 employees in the quarter ended 30 September
20China has launched an antitrust investigation into Qualcomm Inc.’s planned acquisition of Autotalks, a move targeting another major US technology firm that comes just before a pivotal meeting between the leaders of the two countries. The probe had an immediate negative impact on the US chipmaker’s stock. The State Administration for Market Regulation (SAMR) announced
China has launched an antitrust investigation into Qualcomm Inc.’s planned acquisition of Autotalks, a move targeting another major US technology firm that comes just before a pivotal meeting between the leaders of the two countries. The probe had an immediate negative impact on the US chipmaker’s stock. The State Administration for Market Regulation (SAMR) announced
19The European Union has announced an €11.5 billion investment plan for South Africa, targeting renewable energy, transport, and healthcare projects as part of its broader strategy to secure critical minerals and strengthen supply chains. The new commitment deepens Europe’s push to reduce its dependency on imports from China while reinforcing economic partnerships with Africa’s most
The European Union has announced an €11.5 billion investment plan for South Africa, targeting renewable energy, transport, and healthcare projects as part of its broader strategy to secure critical minerals and strengthen supply chains. The new commitment deepens Europe’s push to reduce its dependency on imports from China while reinforcing economic partnerships with Africa’s most
23Alphabet Inc.’s Google has become the first company in the UK to be formally designated with “strategic market status” (SMS) by the Competition and Markets Authority (CMA). The new designation gives the regulator powers to monitor and control how Google operates its online search and advertising businesses, marking a major shift in how Big Tech
Alphabet Inc.’s Google has become the first company in the UK to be formally designated with “strategic market status” (SMS) by the Competition and Markets Authority (CMA). The new designation gives the regulator powers to monitor and control how Google operates its online search and advertising businesses, marking a major shift in how Big Tech
19Applied Digital (NASDAQ: APLD) rallied more than 20% this morning after posting blockbuster financials for its first quarter that came in well above Street estimates. The artificial intelligence (AI) infrastructure firm posted $64.2 million in revenue, well above $45 million that analysts had forecast, and a narrower-than-expected adjusted loss of only 3 cents for its
Applied Digital (NASDAQ: APLD) rallied more than 20% this morning after posting blockbuster financials for its first quarter that came in well above Street estimates. The artificial intelligence (AI) infrastructure firm posted $64.2 million in revenue, well above $45 million that analysts had forecast, and a narrower-than-expected adjusted loss of only 3 cents for its
