Intel Corp (NASDAQ: INTC) is in focus on Tuesday after Craig Barrett, its former chief executive, issued a stark warning: the US can’t afford to lose the company’s cutting-edge chip manufacturing capabilities.In a recent commentary, Barrett emphasised INTC’s strategic importance to national security and technological leadership. His message is clear:…
Pony AI Inc (NASDAQ: PONY) says its top-line soared 76% on a year-over-year basis as robotaxi fare-charging revenues more than quadrupled in the second quarter (Q2).On Tuesday, the company disclosed aggressive progress in scaling its Gen-7 robotaxi fleet as well. Still, the autonomous driving technology stock is down roughly 10%…
The first half of 2025 saw global markets oscillate largely between two bookends, i.e. optimism and caution, a trend driven by easing inflation, geopolitical flare-ups, and the enduring technology boom. In fact, a recent study of 112 global indices revealed that an impressive 88 of them rose while 24 fell…
Uranium Energy Corp. (NYSE American: UEC) gained 5% on Monday after Goldman Sachs initiated coverage with a bullish outlook, citing the US government’s efforts to rebuild a domestic nuclear fuel supply chain. The investment bank set a $13 price target for the stock, implying more than 30% upside from current…
US airline stocks closed significantly higher on Tuesday after Spirit Airlines, a budget air carrier , issued a dire warning that it will fail to survive as a going concern without fresh capital.Additionally, the US Labor Department reported an increase in July airfares (the first in six months), further injecting…
A powerful wave of optimism swept across Asia-Pacific markets on Wednesday, as investors cheered US inflation data that solidified expectations for a Federal Reserve interest rate cut next month. Japan’s Nikkei 225 continued its stunning ascent, shattering records for a second consecutive day, while strong corporate earnings in China added…
A powerful wave of optimism continued to wash over global markets on Wednesday, propelling European equities higher as investors extended a record-setting rally built on fervent hopes of a major US interest rate cut. The positive sentiment was palpable across the continent, though a closer look at London’s market revealed…
Shares of Cava Group Inc. tumbled by more than 22% in pre-market trading on Wednesday, extending steep after-hours losses from Tuesday, after the Mediterranean fast-casual chain lowered its full-year same-store sales forecast. The move comes as the company faces challenging comparisons with last year’s performance and navigates what its chief…
Fractal Analytics, a leading provider of artificial intelligence and analytics services, has filed for an initial public offering (IPO) in Mumbai that could value the company at more than $3.5 billion. The offering, one of the largest from India’s AI sector, seeks to raise about Rs 4,900 crore ($560 million),…
A powerful wave of optimism swept across Asia-Pacific markets on Wednesday, as investors cheered US inflation data that solidified expectations for a Federal Reserve interest rate cut next month. Japan’s Nikkei 225 continued its stunning ascent, shattering records for a second consecutive day, while strong corporate earnings in China added…