Tesla is moving closer to completing the design of its next-generation AI5 chip and has already begun development work on its AI6 processor, CEO Elon Musk said Sunday in a post on X. The update marks the company’s most detailed assessment yet of its long-term chip roadmap as it leans…
JPMorgan’s senior analyst Kian Abouhossein has outlined his preferred European bank stocks as investors look ahead to 2026.Despite macroeconomic uncertainty and uneven M&A activity across the sector, Abouhossein believes select names offer compelling value and strong returns.In a recent CNBC interview, Abouhossein said Barclays, UBS, and NatWest stand out on…
The crash of an Indian-made Tejas fighter jet during a display at the Dubai Air Show has deepened scrutiny of HAL at a time when India is accelerating its indigenous defence manufacturing plans. The aircraft went down on Friday afternoon, sending thick black smoke over Al Maktoum International Airport, and…
Ibovespa futures started Friday down after the holiday of Black Awareness Day under the pressure of global risk aversion and reactions of investors on the attitude of the United States towards the removal of a 40% import rate on some products from Brazil. By 9:04 AM (Brasilia time), the December contract…
The global liquidity cycle is entering a decisive contraction phase, raising the risk of a prolonged downturn in equity markets, according to veteran strategist Michael Howell. Speaking on the MacroVoices podcast, Howell, chief executive of London-based CrossBorder Capital, said liquidity conditions are deteriorating rapidly, ending what he describes as a…
Uruguay has been accepted to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), nearly two years after submitting its application.The application was submitted in November 2022, during the administration of former President Luis Lacalle Pou, who had made his plans known earlier that year.Members of the CPTPP currently…
After having spent most of the day in the red, gold prices rebounded due to renewed expectations of a December interest rate cut by the Federal Reserve. On the other hand, silver prices dipped nearly 2%, but hopes for a rate cut limited losses. Oil prices fell, and were set for a…
Fairlead Strategies’ founder and technical analysis expert Katie Stockton says the fate of US stocks hinges on how Bitcoin trades over the weekend.The risk-off sentiment driven primarily by macroeconomic uncertainty pushed the world’s largest cryptocurrency by market cap down to the sub $81,000 level this morning.And with it tumbled the…
Eli Lilly (NYSE: LLY) has officially joined the trillion-dollar market cap club, cementing its place among the world’s most valuable companies.The pharmaceutical behemoth’s surge has been fueled by investor enthusiasm for its obesity and diabetes treatments, particularly its GLP-1 franchise.Shares have climbed steadily this year, with momentum accelerating as expectations…
Europe’s markets and politics are moving in tandem today, with fresh economic data, major corporate investments, and shifting geopolitical signals shaping the mood.UK growth has stalled ahead of a closely watched budget, Nokia is betting big on AI infrastructure in the US, European leaders are coordinating on a new Ukraine…