Rolls-Royce Holdings published strong financial results, mirroring those of its top rivals like GE Aerospace, Safran, and GE Vernova. The results demonstrated the ongoing demand across its three divisions, which are seeing strong tailwinds. Here are the top takeaways in its earnings.Rolls Royce earnings takeawaysIn a statement, Rolls-Royce said that…

US President Donald Trump’s decision to exclude refined metal from his proposed import tariff led to an immediate and significant drop of over 19% in COMEX copper.Wednesday saw the most significant intraday decline on record, with prices dropping by 19%, though they later recovered some of these losses.At the time…

European stock markets began Thursday on a positive note, with the regional Stoxx 600 index climbing higher as investors digested a deluge of corporate earnings reports from some of the continent’s largest companies. This upbeat start, supported by a strong showing from US tech giants, comes amidst a complex global…

St. James Place share price has staged a strong comeback in the past two years, marking a strong turnaround for a company that was on the brisk a few years ago. STJ jumped to a high of 1,280p, its highest point since March 2022 and 220% above its lowest point…

Nvidia’s re-entry into the Chinese market with its H20 general processing units has triggered a fresh wave of national security scrutiny from Beijing, potentially delaying or disrupting the sale of hundreds of thousands of AI chips, as per a CNBC report.While the US-based chipmaker has received clearance from Washington to…

OpenAI is taking its AI infrastructure strategy global, with a major investment in Europe’s north. The firm, known for developing ChatGPT, will become the primary capacity buyer in a new Stargate-branded data centre planned for northern Norway.In partnership with British tech infrastructure firm Nscale and Norwegian energy giant Aker, the…

North America’s UAV (drone) market is undergoing a rapid transformation, fuelled by breakthroughs in AI, autonomous flight, and regulatory shifts aimed at reducing dependence on Chinese technology.In a bold move to rebuild the domestic drone sector, the US government is crafting an ambitious industrial policy—echoing the intent of the CHIPS…

Shell announced on Thursday that its second-quarter net profit fell by nearly a third. The decline in profit was primarily due to lower oil prices, weaker gas trading results, and losses from its chemicals operations caused by outages, Reuters said in a report. Despite these setbacks, the company’s profit still significantly exceeded…

Meta Platforms Inc. delivered robust second-quarter results late Wednesday, sending its stock up nearly 12% in early Thursday premarket trading.The Facebook and Instagram parent beat Wall Street estimates on both revenue and profit, underlining the strength of its core advertising business and growing investor confidence in its artificial intelligence strategy.Revenue…