Alibaba jumped 5% after unveiling its Zhenwu V900 AI processor and announcing plans for models with up to 10 trillion parameters.
Advanced Micro Devices briefly touched a $1 trillion market capitalization on Monday after its stock surged over 8% to peak at $615.99, joining Nvidia, Broadcom, and Micron as the fourth U.S.
Meta Platforms shares jumped over 11% to reach an 11-month high following the rapid consumer adoption of its newly launched artificial intelligence assistant.
Shares in Novo Nordisk plunged nearly 8% to close at 260 Danish kroner on Monday, hitting their lowest level since April after the Danish drugmaker's capital markets day presentation failed to reassure investors over its mid-term growth outlook. Despite showcasing positive Phase 3 trial data for its next-generation obesity and diabetes treatment Cagrisema, which achieved greater weight loss than Eli
Volkswagen's turnaround plan proposes cutting roughly 4,100 additional jobs at luxury subsidiary Porsche to address a €700 million overhead deficit.
SoftBank launched $10 billion and €1 billion in multi-tranche bonds to fund its upcoming $10 billion investment in OpenAI and replace a bridge loan.
Prysmian has partnered with Rio Tinto to supply electrical cables manufactured with low-carbon aluminium for an Amazon Web Services data center in Ohio.
Chinese President Xi Jinping and U.S. President Donald Trump will meet in Washington on September 24.
Volkswagen is recalling 208,724 vehicles in the United States including certain Tiguan, Atlas, and Audi Q3 models, due to a steering rack mounting bolt that could corrode, break, and cause a loss of steering control.
The Bank of Japan raised its policy rate by 25 bps to a 31-year high of 1.25%, with further hikes possible as policymakers counter a weak yen and inflation.
Canadian Prime Minister Mark Carney secured an EU offer for Canada to become the bloc's first associate member amid trade tensions with the United States, though deep North American defense ties and unresolved trade disputes present sharp limits to a transatlantic pivot.
Emirates is considering converting its entire order of 35 Boeing 787 Dreamliners into additional 777X aircraft due to persistent delivery delays, with a final decision expected within the next two months.
Lockheed Martin received its first delivery of Patriot interceptor housing components from General Motors just 22 days after signing a production agreement, tapping the automaker's manufacturing capacity to accelerate output of PAC-3 MSE missiles.
Donald Trump urged Xi Jinping to curb drug precursor chemical exports ahead of their Washington summit, designating China as the top global source.
Volvo Cars plans to launch 13 new electric and hybrid models by 2030 and deepen sourcing ties with parent Geely to boost its EBIT margin above 8% from 3.5% in 2025.
Amazon.com is raising the minimum hourly pay for eligible full-time U.S. operations workers by $1 to $20, pushing total average compensation past $32 an hour with benefits alongside a new credit union banking perk.
Volkswagen is reviewing the future of its Spanish marque Seat beyond 2030, positioning the low-cost unit to potentially become the first major legacy brand casualty of surging Chinese automaker competition.
Guangzhou Automobile Group (GAC) plans to acquire part of FAW Group's stake in FAW Toyota, pointing toward a consolidation of Toyota's dual joint-venture operations amid intense domestic EV competition and industry overcapacity.
Labour representatives at German auto parts maker Bosch called for European Union regulations to protect domestic production and stem industry layoffs as European carmakers face rising costs and stiff competition from Chinese electric vehicle makers.
Apple is considering using Nvidia's NVLink Fusion networking technology to connect its planned M8 Ultra chips in an enterprise AI inference server expected by 2029.
UniCredit CEO Andrea Orcel wants Commerzbank CEO Bettina Orlopp and Chairman Jens Weidmann replaced, as the Italian bank pushes forward with its €1.3 trillion takeover bid.
The Bank of Japan is set to raise its policy interest rate by 25 bps to 1.25% on Friday, moving rates into neutral territory as policymakers confront inflation risks driven by high oil costs and a weak yen.
British headline inflation accelerated to a five-month high of 3.1% in August driven by surging energy and airfares, though stable core (2.6%) and services (3.4%) inflation are expected to keep the Bank of England on hold Thursday.
The Federal Reserve is widely expected to raise its benchmark rate by 25 bps to 3.75%–4.00% on Wednesday, marking its first rate increase under Chair Kevin Warsh amid stubborn core inflation and $100-plus oil.