Huawei Technologies Co. is preparing to step up its production of advanced artificial intelligence chips despite persistent US sanctions and manufacturing hurdles. The Shenzhen-based company, working with Semiconductor Manufacturing International Corp. (SMIC), aims to distribute as many as 1.6 million Ascend dies in 2026, up from about 1 million this year. The move marks an
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Huawei Technologies Co. is preparing to step up its production of advanced artificial intelligence chips despite persistent US sanctions and manufacturing hurdles. The Shenzhen-based company, working with Semiconductor Manufacturing International Corp. (SMIC), aims to distribute as many as 1.6 million Ascend dies in 2026, up from about 1 million this year. The move marks an
4.4KJPMorgan Chase & Co. has moved back to the top of India’s equity capital deals, ending a five-year gap and displacing Kotak Mahindra Capital Co. in one of the world’s most active fundraising arenas. The shift highlights a renewed role for global banks in large block trades at a time when India’s equity issuance pipeline
JPMorgan Chase & Co. has moved back to the top of India’s equity capital deals, ending a five-year gap and displacing Kotak Mahindra Capital Co. in one of the world’s most active fundraising arenas. The shift highlights a renewed role for global banks in large block trades at a time when India’s equity issuance pipeline
4.4KPrada has closed its long-awaited takeover of Versace, completing a deal that has been in motion for years and marking one of the most significant shifts in Italy’s luxury sector in recent times. As per a Reuters report, the group finalised the acquisition after signing a definitive agreement in April to buy the brand from
Prada has closed its long-awaited takeover of Versace, completing a deal that has been in motion for years and marking one of the most significant shifts in Italy’s luxury sector in recent times. As per a Reuters report, the group finalised the acquisition after signing a definitive agreement in April to buy the brand from
4.4KOil prices were on track for its biggest weekly gain in three months, while gold eased from its record highs touched earlier this week. Silver prices on COMEX breached the $45 per ounce mark for the first time since 2011. Silver prices have replicated strong gains since the start of the year, mimicking the rally
Oil prices were on track for its biggest weekly gain in three months, while gold eased from its record highs touched earlier this week. Silver prices on COMEX breached the $45 per ounce mark for the first time since 2011. Silver prices have replicated strong gains since the start of the year, mimicking the rally
4.4KUiPath Inc (NYSE: PATH) opened more than 20% up this morning after the software firm unveiled strategic partnerships with four big names – Nvidia, OpenAI, Google, and Snowflake. The announcement, made during its artificial intelligence (AI) Summit, signals a bold expansion into agentic automation – where AI agents can autonomously execute complex workflows. Investors responded
UiPath Inc (NYSE: PATH) opened more than 20% up this morning after the software firm unveiled strategic partnerships with four big names – Nvidia, OpenAI, Google, and Snowflake. The announcement, made during its artificial intelligence (AI) Summit, signals a bold expansion into agentic automation – where AI agents can autonomously execute complex workflows. Investors responded
4.4KThe House of Representatives unanimously voted against a provision that allows Republican senators whose phone records were seized by former Special Counsel Jack Smith to sue the federal government. The provision was included in the recently passed bill to end the 43-day government shutdown, which President Donald Trump signed into law last week. Despite supporters
The House of Representatives unanimously voted against a provision that allows Republican senators whose phone records were seized by former Special Counsel Jack Smith to sue the federal government. The provision was included in the recently passed bill to end the 43-day government shutdown, which President Donald Trump signed into law last week. Despite supporters
4.4KThe S&P 500 Index and its ETFs, like SPY and VOO suffered a harsh reversal on Friday as the Fear and Greed Index moved to the fear zone after Donald Trump unveiled new tariffs on China. It plunged to a low of $6,552, its lowest level since September 11 and 3% below the highest level
The S&P 500 Index and its ETFs, like SPY and VOO suffered a harsh reversal on Friday as the Fear and Greed Index moved to the fear zone after Donald Trump unveiled new tariffs on China. It plunged to a low of $6,552, its lowest level since September 11 and 3% below the highest level
4.4KRecent Russian incursions into NATO airspace have sharpened divisions inside the alliance over how to respond, exposing both the strength and the limits of collective defense. Secretary General Mark Rutte clashed with Estonian Prime Minister Kristen Michal last week after Estonia invoked NATO’s Article 4 clause, which triggers consultations when a member feels its security
Recent Russian incursions into NATO airspace have sharpened divisions inside the alliance over how to respond, exposing both the strength and the limits of collective defense. Secretary General Mark Rutte clashed with Estonian Prime Minister Kristen Michal last week after Estonia invoked NATO’s Article 4 clause, which triggers consultations when a member feels its security
4.4KWellgistics Health Inc (NASDAQ: WGRX) more than tripled this morning after announcing a non-binding letter of intent with Datavault AI Inc. (NASDAQ: DVLT). The initiative dubbed “PharmacyChain” will integrate blockchain-enabled smart contracts into its prescription drug tracking system. In short, it aims at digitising the journey of a prescription from issuance to fulfilment. While the
Wellgistics Health Inc (NASDAQ: WGRX) more than tripled this morning after announcing a non-binding letter of intent with Datavault AI Inc. (NASDAQ: DVLT). The initiative dubbed “PharmacyChain” will integrate blockchain-enabled smart contracts into its prescription drug tracking system. In short, it aims at digitising the journey of a prescription from issuance to fulfilment. While the
4.4KGSK announced on Monday that Chief Executive Emma Walmsley will step down after nine years in the role, with current Chief Commercial Officer Luke Miels set to take over on January 1. The transition marks a major shift for the UK-based drugmaker as it seeks to define its long-term growth strategy. Walmsley, who took the
GSK announced on Monday that Chief Executive Emma Walmsley will step down after nine years in the role, with current Chief Commercial Officer Luke Miels set to take over on January 1. The transition marks a major shift for the UK-based drugmaker as it seeks to define its long-term growth strategy. Walmsley, who took the
