Epic AI Borrowing Boom Spooks Investors
A tidal wave of hundred-billion-dollar bets on new AI centers is taxing the private debt market to the limits of credulity on the sector's ability ...
Business
Waymo Expands Robotaxi Service to 3 More Cities
The nation's leading robotaxi service is expanding to Minneapolis, Tampa and New Orleans, starting with human-driven mapping and data collection of each city.
Lucid Launches Cheaper Gravity SUV on Slowing EV Sales
Expiration of the EV tax credit and a need to expand its product line prompts Lucid to launch an $80,000 version of its Gravity SUV.
ASML Launches Engineering Academy in Phoenix
Anticipating demand for technicians needed to service its complex chipmaking machines, the Dutch lithography giant has opened an academy that will train over 1,000 engineers ...
China's GAC to Have EVs for Europe Produced by Magna
China's Guangzhou Auto Group will join XPeng in having EV models built by the Austrian manufacturer to avoid EU tariffs.
Cryptocurrencies Slammed by Flight from Risk
Bitcoin and Ether, along with other cryptocurrencies, slid to multi-month lows as the tech sector suffered from bubble fears and fading hope for a December ...
Timeline of US Trade War with China
This recap is for everyone who has trouble keeping up with the many volleys Trump fired, China's responses and the actual current state of tariffs ...
Nvidia's Wednesday Earnings Report Seen as Reality Check for AI Boom
The company struggling to meet the demand for the GPUs at the heart of virtually every AI processing has become the bellwether of the world's ...
Nvidia Memory Switch to Place Huge Demand on Samsung, SK Hynix
Nvidia's decision to switch its AI data center architecture to low-power memory chips used in smartphones will produce another surge in memory demand for Samsung, ...
Nvidia Q3 Report Calms Investor Jitters
The AI leader's forecast for Q4 were higher than estimates on booming AI GPU demand that Nvidia is unlikely to fully fill for some time ...
Asia Tech Sector Stocks Jump on Stellar Nvidia Earnings
AI supply chain stocks TSMC, Samsung and SK Hynix, among others, jumped on Nvidia rosy forecast for Q4 which erased fears of an AI bubble.
Target Q3 Sales Fell More Than Expected
The mid-market retailer which suffered a 35% drop in its share value this year plans to invest $1 billion in a turnaround effort.
Xiaomi to Raise Smartphone Prices on Rising Memory Cost
As memory chipmakers like Samsung shift capacity toward high-bandwidth chips for AI GPUs, prices have surged on scarce chips for consumer electronics.
AI Bubble or No Bubble? Analysts Weigh In
The trillion-plus dollars being committed to building out AI data centers has some analysts making uneasy comparisons to the dotcom bubble of 1999.
Nissan Cuts Domestic Production on Nexperia Chip Shortage
The Dutch government's takeover of Chinese-owned Nexperia has disrupted the supply of wafers being shipped to the Chinese plant that produces the low-tech chips essential ...
US Small and Midsize Businesses Optimistic About 2026
A majority of American small and mid-sized business owners are planning to expand on expectations that tariff disruptions of prices and supply chains will ease.
Nvidia Quarterly Earnings Could Swing Value by $320 Billion
As the investment world awaits Nvidia's earnings report options traders are betting that results could produce a 7% swing in its stock value.
Temu, Shein Report Strong Growth
Discounts and aggressive marketing have allowed China's e-commerce to enjoy strong revenue and profit growth despite pressures from US tariffs.
Kroger Closes 3 Robotic Warehouses Operated by Ocado
Optimistic plans by Kroger and Ocado to jointly open 20 automated warehouses across the US has been curtailed after eight were built and three of ...
Jobless Rolls Swelled Between Mid-September and Mid-October
Uncertainties due to disrupted trade and a government shutdown caused a jump in unemployment claims during October though precise figures will require the BLS to ...
Tesla Gets Permit to Operate Taxi Service in Arizona
The service will require drivers as a step toward Tesla's scaled-down goal of launching robotaxi services in 8 metro areas by the end of the ...
Honda Resumes Normal N. America Production
Disruptions caused by a discontinued supply of Nexperia chips has eased as Honda secures alternate supplies.
China Buys US Soybeans Above Market
In a move calculated to show good faith in honoring trade deals China bought 14 cargoes of US soybeans at nearly twice the going price ...
Coffee Tariff Cut Helps US Roasters, Hurts Brazil
The reprieve on reciprocal tariffs saves US roasters from continuing to eat tariff costs while frees them to seek out low-cost growers around the world.
Jeff Bezos to Co-CEO AI Engineering Startup
Project Prometheus will focus on using AI to accelerate engineering and manufacture of computers, cars and spacecraft.
China's BYD Expects to Double Europe Sales Network
The world's leading EV-maker aims to grow its European dealer network from 1,000 points of sale at the end of 2025 to 2,000 by the ...
Euro Zone to Beat Forecasts for 2025 Growth
Despite Trump tariff disruptions adding headwinds to an already sluggish economy, the Euro Zone is expected to log 1.3% GDP growth, higher than projected.
China C919 Challenges Airbus, Boeing
COMAC debuted the C919 jetliner at the Dubai Air Show.
Japan Tourism Slumps on Rift with China
The diplomatic row triggered by new Prime Minister Sanae Takaichi's statement on Taiwan's defense is resulting in a marked drop in Chinese tourism.
Indian Farmers Benefit from Rollback on Food Tariffs
Relief from the 50% tariffs that have been imposed on Indian exports will benefit $2.5 to $3 billiion worth of Indian exports of tea, coffee, ...
Samsung Hyundai Announce Huge Domestic Investments
Concerns about the economic impact of investments mandated by the US trade deal, S. Korea's two leading exporters commit to hundreds of billions of dollars ...
Samsung Raises Memory Prices 60%
The race to build AI data centers is staying ahead of the capacity of Samsung, SK Hynix and competitors to manufacture the high-bandwidth memory chips ...
Japan GDP Slipped for 1st Time in 6 Quarters
Japan's Q3 GDP fell less than projected as exporters rallied to overcome Trump tariffs.
Applied Materials Take Big Hit from Curbs to China Exports
The maker of chipmaking equipment has seen China sales cut from 40% of its revenues to just 20% as US export restrictions hit.
Yttrium Shortage Hits US Aerospace, Defense Sectors
In the continuing trade drama created by Trump's unilateral "Liberation Day" tariffs, China continues to play key rare-earth cards to pressure the US into returning ...
China Drives Cartier's Strong Growth
Richemont, the world's 2nd largest luxury group, enjoyed 7% growth in Q3 driven in large part by rising China sales, along with healthy sales in ...
Nissan, Honda in Talks for Joint US Car Development
Electrification, vehicle intelligence and a pickup truck are possible areas of cooperation between the two carmakers amid chalenges from US tariffs and loss of EV ...
Weekly Jobless Rates Stay Flat
Various private firms estimate the weekly jobless rate as remaining nearly unchanged from the previous week as investors look ahead to next week's resumption of ...
China E-Commerce Giant JD.com Sees 15% Revenue Jump
Robust sales growth during the 3-Day Singles Day shopping event extended stronger-than-expected Q3 growth for JD.com, Alibaba and Pinduoduo.
China's EV Battery Materials Suppliers Seek Higher Prices
A rally in cobalt prices and a rise in the price of other battery materials is forcing China's battery materials makers to demand higher prices ...
China Industrial Output Growth Slows on Weak Demand
Industrial growth slows to 4.9% as soft domestic demand can't take up slack from a tariff-induced export slowdown
Tencent's Strong Growth Constrained by AI Chip Shortage
US and Chinese restrictions on Nvidia and other US AI chips is hampering the growth of Tencent's cloud business, limiting sale of services to other ...
Top Experts Predict AI's Economic Impact
AI growth projections by Nvidia's Jensen Huang, AMD's Lisa Su, Broadcom's Hock Tan and Salesforce's Marc Benioff, McKinsey and PwC.
India's Biocon Foresees Big Cost Drop for Copycat Drugs
A leading maker of biosimilars, with 7 copycat drugs already in the US market, sees a 50% drop in development cost for drugs mimicking costlier ...
Baidu Unveils Chips to Boost China's Homegrown AI Ecosystem
M100 and M300 processors from Baidu advance China's push to build AI infrastructure without using Nvidia chips.
Vietnam Plans Big Minimum Wage Boost in 2026
Vietnam's growing importance as a manufacturing hub for foreign companies supports a 7%+ minimum wage increase.
China's Top Contract Chipmaker Sees Strong Q3 Growth, Profits
SMIC reported a 9.7% jump in Q3 revenues and a 29% jump in profits on strong domestic demand even as it warns of jitters from ...
Volkswagen Bets Future Models on Rivian JV Tech
The vehicle platform and software systems developed in its joint venture with Rivian will be the basis for new Volkswagen and Audi models from 2027.
Microsoft Builds 2nd Denmark Quantum Lab
The new facility will participate in developing the Majorana 1 chip, Microsoft's main entry in the race to develop practical quantum computing.
China Soy Bean Glut to Stymie US Export Hopes
Revenge soybean imports from South America followed by recent US shipments amid trade thaw puts a lid on volume of future purchases from the US.
Epic AI Borrowing Boom Spooks Investors
A tidal wave of hundred-billion-dollar bets on new AI centers is taxing the private debt market to the limits of credulity on the sector's ability ...
Waymo Expands Robotaxi Service to 3 More Cities
The nation's leading robotaxi service is expanding to Minneapolis, Tampa and New Orleans, starting with human-driven mapping and data collection of each city.
Lucid Launches Cheaper Gravity SUV on Slowing EV Sales
Expiration of the EV tax credit and a need to expand its product line prompts Lucid to launch an $80,000 version of its Gravity SUV.
ASML Launches Engineering Academy in Phoenix
Anticipating demand for technicians needed to service its complex chipmaking machines, the Dutch lithography giant has opened an academy that will train over 1,000 engineers ...
China's GAC to Have EVs for Europe Produced by Magna
China's Guangzhou Auto Group will join XPeng in having EV models built by the Austrian manufacturer to avoid EU tariffs.
Cryptocurrencies Slammed by Flight from Risk
Bitcoin and Ether, along with other cryptocurrencies, slid to multi-month lows as the tech sector suffered from bubble fears and fading hope for a December ...
Timeline of US Trade War with China
This recap is for everyone who has trouble keeping up with the many volleys Trump fired, China's responses and the actual current state of tariffs ...
Nvidia's Wednesday Earnings Report Seen as Reality Check for AI Boom
The company struggling to meet the demand for the GPUs at the heart of virtually every AI processing has become the bellwether of the world's ...
Nvidia Memory Switch to Place Huge Demand on Samsung, SK Hynix
Nvidia's decision to switch its AI data center architecture to low-power memory chips used in smartphones will produce another surge in memory demand for Samsung, ...
Nvidia Q3 Report Calms Investor Jitters
The AI leader's forecast for Q4 were higher than estimates on booming AI GPU demand that Nvidia is unlikely to fully fill for some time ...
Asia Tech Sector Stocks Jump on Stellar Nvidia Earnings
AI supply chain stocks TSMC, Samsung and SK Hynix, among others, jumped on Nvidia rosy forecast for Q4 which erased fears of an AI bubble.
Target Q3 Sales Fell More Than Expected
The mid-market retailer which suffered a 35% drop in its share value this year plans to invest $1 billion in a turnaround effort.
Xiaomi to Raise Smartphone Prices on Rising Memory Cost
As memory chipmakers like Samsung shift capacity toward high-bandwidth chips for AI GPUs, prices have surged on scarce chips for consumer electronics.
AI Bubble or No Bubble? Analysts Weigh In
The trillion-plus dollars being committed to building out AI data centers has some analysts making uneasy comparisons to the dotcom bubble of 1999.
Nissan Cuts Domestic Production on Nexperia Chip Shortage
The Dutch government's takeover of Chinese-owned Nexperia has disrupted the supply of wafers being shipped to the Chinese plant that produces the low-tech chips essential ...
US Small and Midsize Businesses Optimistic About 2026
A majority of American small and mid-sized business owners are planning to expand on expectations that tariff disruptions of prices and supply chains will ease.
Nvidia Quarterly Earnings Could Swing Value by $320 Billion
As the investment world awaits Nvidia's earnings report options traders are betting that results could produce a 7% swing in its stock value.
Temu, Shein Report Strong Growth
Discounts and aggressive marketing have allowed China's e-commerce to enjoy strong revenue and profit growth despite pressures from US tariffs.
Kroger Closes 3 Robotic Warehouses Operated by Ocado
Optimistic plans by Kroger and Ocado to jointly open 20 automated warehouses across the US has been curtailed after eight were built and three of ...
Jobless Rolls Swelled Between Mid-September and Mid-October
Uncertainties due to disrupted trade and a government shutdown caused a jump in unemployment claims during October though precise figures will require the BLS to ...
Tesla Gets Permit to Operate Taxi Service in Arizona
The service will require drivers as a step toward Tesla's scaled-down goal of launching robotaxi services in 8 metro areas by the end of the ...
Honda Resumes Normal N. America Production
Disruptions caused by a discontinued supply of Nexperia chips has eased as Honda secures alternate supplies.
China Buys US Soybeans Above Market
In a move calculated to show good faith in honoring trade deals China bought 14 cargoes of US soybeans at nearly twice the going price ...
Coffee Tariff Cut Helps US Roasters, Hurts Brazil
The reprieve on reciprocal tariffs saves US roasters from continuing to eat tariff costs while frees them to seek out low-cost growers around the world.
Jeff Bezos to Co-CEO AI Engineering Startup
Project Prometheus will focus on using AI to accelerate engineering and manufacture of computers, cars and spacecraft.
China's BYD Expects to Double Europe Sales Network
The world's leading EV-maker aims to grow its European dealer network from 1,000 points of sale at the end of 2025 to 2,000 by the ...
Euro Zone to Beat Forecasts for 2025 Growth
Despite Trump tariff disruptions adding headwinds to an already sluggish economy, the Euro Zone is expected to log 1.3% GDP growth, higher than projected.
China C919 Challenges Airbus, Boeing
COMAC debuted the C919 jetliner at the Dubai Air Show.
Japan Tourism Slumps on Rift with China
The diplomatic row triggered by new Prime Minister Sanae Takaichi's statement on Taiwan's defense is resulting in a marked drop in Chinese tourism.
Indian Farmers Benefit from Rollback on Food Tariffs
Relief from the 50% tariffs that have been imposed on Indian exports will benefit $2.5 to $3 billiion worth of Indian exports of tea, coffee, ...
Samsung Hyundai Announce Huge Domestic Investments
Concerns about the economic impact of investments mandated by the US trade deal, S. Korea's two leading exporters commit to hundreds of billions of dollars ...
Samsung Raises Memory Prices 60%
The race to build AI data centers is staying ahead of the capacity of Samsung, SK Hynix and competitors to manufacture the high-bandwidth memory chips ...
Japan GDP Slipped for 1st Time in 6 Quarters
Japan's Q3 GDP fell less than projected as exporters rallied to overcome Trump tariffs.
Applied Materials Take Big Hit from Curbs to China Exports
The maker of chipmaking equipment has seen China sales cut from 40% of its revenues to just 20% as US export restrictions hit.
Yttrium Shortage Hits US Aerospace, Defense Sectors
In the continuing trade drama created by Trump's unilateral "Liberation Day" tariffs, China continues to play key rare-earth cards to pressure the US into returning ...
China Drives Cartier's Strong Growth
Richemont, the world's 2nd largest luxury group, enjoyed 7% growth in Q3 driven in large part by rising China sales, along with healthy sales in ...
Nissan, Honda in Talks for Joint US Car Development
Electrification, vehicle intelligence and a pickup truck are possible areas of cooperation between the two carmakers amid chalenges from US tariffs and loss of EV ...
Weekly Jobless Rates Stay Flat
Various private firms estimate the weekly jobless rate as remaining nearly unchanged from the previous week as investors look ahead to next week's resumption of ...
China E-Commerce Giant JD.com Sees 15% Revenue Jump
Robust sales growth during the 3-Day Singles Day shopping event extended stronger-than-expected Q3 growth for JD.com, Alibaba and Pinduoduo.
China's EV Battery Materials Suppliers Seek Higher Prices
A rally in cobalt prices and a rise in the price of other battery materials is forcing China's battery materials makers to demand higher prices ...
China Industrial Output Growth Slows on Weak Demand
Industrial growth slows to 4.9% as soft domestic demand can't take up slack from a tariff-induced export slowdown
Tencent's Strong Growth Constrained by AI Chip Shortage
US and Chinese restrictions on Nvidia and other US AI chips is hampering the growth of Tencent's cloud business, limiting sale of services to other ...
Top Experts Predict AI's Economic Impact
AI growth projections by Nvidia's Jensen Huang, AMD's Lisa Su, Broadcom's Hock Tan and Salesforce's Marc Benioff, McKinsey and PwC.
India's Biocon Foresees Big Cost Drop for Copycat Drugs
A leading maker of biosimilars, with 7 copycat drugs already in the US market, sees a 50% drop in development cost for drugs mimicking costlier ...
Baidu Unveils Chips to Boost China's Homegrown AI Ecosystem
M100 and M300 processors from Baidu advance China's push to build AI infrastructure without using Nvidia chips.
Vietnam Plans Big Minimum Wage Boost in 2026
Vietnam's growing importance as a manufacturing hub for foreign companies supports a 7%+ minimum wage increase.
China's Top Contract Chipmaker Sees Strong Q3 Growth, Profits
SMIC reported a 9.7% jump in Q3 revenues and a 29% jump in profits on strong domestic demand even as it warns of jitters from ...
Volkswagen Bets Future Models on Rivian JV Tech
The vehicle platform and software systems developed in its joint venture with Rivian will be the basis for new Volkswagen and Audi models from 2027.
Microsoft Builds 2nd Denmark Quantum Lab
The new facility will participate in developing the Majorana 1 chip, Microsoft's main entry in the race to develop practical quantum computing.
China Soy Bean Glut to Stymie US Export Hopes
Revenge soybean imports from South America followed by recent US shipments amid trade thaw puts a lid on volume of future purchases from the US.
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