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Foxconn and Intel are teaming up to build next-gen AI data center systems, servers, and custom chips to meet surging global artificial intelligence demand.
The U.S. manufacturing sector expanded for the fifth consecutive month in May 2026, continuing its recovery after a 10-month period of contraction. The Manufacturing PMI® rose to 54.0%, up 1.3 percentage points from April and its highest level since May 2022. Because a manufacturing PMI above 47.5% generally signals growth in gross domestic product (GDP), the May reading indicates that
Dassault Aviation is close to a €33B deal with India for 114 Rafale jets, with 80% built locally via Tata and Adani.
Meta says Australia's 2.25% tech tax to fund local media violates the US Free Trade Agreement, warning of US trade action.
The Silver market is currently navigating a high-stakes crossroads defined by macro-structural consolidation. Mechanically, the technical picture leans bearish-to-neutral in the short term as daily price action compresses inside a massive, multi-month Descending Triangle pattern. The Structural Boundaries The Descending Resistance Ceiling: A highly respected, downward-sloping trendline originates from the macro peak established well above the 120.000 level. This boundary has
The Takaichi administration is considering a temporary 1% food consumption tax rate for two years starting next April. While pivoting from a campaign pledge of 0%, officials note a 1% rate requires only six months to update cash register systems compared to a full year for 0%.
Airbus successfully completed the first test flight of its A350-1000ULR, designed to fly up to 22 hours non-stop. The ultra-long-range widebody is part of a 12-aircraft order for Qantas, with the first delivery scheduled for April 2027.
Blackstone is seeking about ¥100 billion ($625 million) in a sale of payment firm SP.LINKS. SoftBank's telecom unit has advanced to the second bidding round, eyeing an acquisition that could more than double Blackstone's initial 2024 investment value.
Tencent shares surged 10% on reports that it is testing an AI agent prototype for WeChat's 1.4 billion users. The Chinese tech giant plans to start regulatory compliance processes this month, followed by limited external user testing, though an official public launch date is unconfirmed.
Mastercard is expanding its blockchain network to support 24/7 stablecoin settlement with Paxos, Fiserv, and PayPal, removing traditional interbank and cross-border timing delays.
US-Israel friction over Lebanon strikes has stalled fragile Washington-Tehran peace talks, driving Brent crude oil lower.
Microsoft revealed its Majorana 2 quantum chip, built using AI-designed lead materials, aiming for commercial systems by 2029 to match rival IBM despite physicist skepticism.
USD/JPY has experienced a violent, bearish rejection at the major psychological resistance level of 160.0000. This single, high-volatility 1-hour candle has completely erased the previous two days of steady gains, breaking cleanly below the immediate 159.7500 pivot zone and aggressively piercing the upward-sloping 48-period Simple Moving Average. While the long lower wick indicates that some buying liquidity is being
FX pair has recovered from the recent lows towards 1.34460 price level. Economic Calendar Continuation of low overall volatility should be considered as a primary scenario for the ongoing trading week. GBP/USD hourly chart analysis GBP/USD features a tight consolidation grid, with the pair stabilizing at 1.34455 as it hovers directly over its critical horizontal pivot floor at 1.34318. This solid baseline has absorbing every bearish probe since the
Australia's economy expanded by 0.3% in the March quarter 2026, with annual GDP growth reaching 2.5%, according to the latest Australian Bureau of Statistics report. Growth was largely driven by strong private investment in data centres and technology infrastructure, particularly in New South Wales. However, severe weather disruptions, including Cyclone Koji, weighed on mining output and exports, limiting overall economic momentum. Key
Souring sentiment triggered nearly $1.5 billion in crypto liquidations over 24 hours as Bitcoin sank below $67,000. The deleveraging was exacerbated by continuous US ETF outflows and a rare 32 BTC sale disclosure by major holder Strategy Inc.
Goldman Sachs added Siemens Energy to its European Conviction List, citing strong demand from AI data centers and grid infrastructure. Despite the bullish nod and a strong start, the stock closed down 2% at €156.52, failing to reclaim its 50-day moving average.
For the fiscal third quarter of 2026, Palo Alto Networks delivered strong financial results, supported by healthy organic bookings growth and rising customer demand for securing artificial intelligence deployments at scale. Management highlighted that the company is executing ahead of schedule on the integration of its recent acquisitions, CyberArk and Chronosphere, while continuing to improve profitability. Total revenue increased 31% year
The US proposed 10% to 12.5% tariffs on 60 economies over forced labor failures, rebuilding trade barriers after a February Supreme Court setback.
Alphabet announced plans to raise $80 billion in equity to fund its expanding AI infrastructure, including a $10 billion private placement from Warren Buffett's Berkshire Hathaway.
Nvidia unveiled its new RTX Spark chip, developed with MediaTek, to run autonomous AI agents directly on personal computers. The move sent Nvidia shares up 4% while rivals fell.
Amazon will host its annual four-day Prime Day from June 23 to June 26, moving it up from July to avoid conflicts with the FIFA World Cup and July 4th.
Marvell Technology delivered a record first quarter for fiscal year 2027, reporting net revenue of $2.418 billion, up 28% year over year and slightly above the midpoint of its guidance. Profitability remained strong, with GAAP net income of $34.5 million ($0.04 per diluted share) and non-GAAP net income of $718.0 million ($0.80 per diluted share). Gross margin was 52.1% on
Anthropic confidentially filed for a US IPO on Monday. Valued at $965 billion after a recent $65 billion funding round, the Claude AI maker is racing against OpenAI and SpaceX for a massive 2026 public market debut.