China’s rapid embrace of robotics is reshaping everyday life and positioning the country as a global leader in advanced technologies.While the US remains focused on artificial intelligence (AI) chips only, China has already achieved dominance in robotics, clean-tech, and other strategic sectors, said Elizabeth Economy in a CNBC interview today.In…
The approach of 2026 is sharpening attention on one of the most consequential decisions in US economic policy: who will lead the Federal Reserve after Jerome Powell’s term ends in May. President Donald Trump has said he plans to announce his choice early next year, bringing to a head months…
Palo Alto Networks (NASDAQ: PANW) announced a landmark deal with Google Cloud on Dec. 19, aimed at integrating artificial intelligence (AI) into cybersecurity at scale.The agreement, reportedly worth nearly $10 billion, will see PANW migrate workloads to Google Cloud while embedding the latter’s Gemini AI models into its Prisma AIRS…
CoreWeave Inc (NASDAQ: CRWV) soared nearly 20% on Dec. 19 after announcing participation in the US government’s “Genesis” mission.The Department of Energy (DOE) programme is designed to accelerate scientific discovery, strengthen national security, and advance energy innovation.CoreWeave stock is also pushing higher because Citi analysts issued a bullish note in…
Europe enters the new year grappling with uneven fiscal realities and rising geopolitical strain.Britain shows tentative progress in reining in borrowing as inflation cools, while France remains mired in political gridlock that is worsening an already fragile budget outlook.Further east, Ukraine secures critical debt relief to protect its post-war recovery,…
The Ibovespa rose on Friday morning, December 19, boosted by advances in blue-chip companies and evidence of foreign capital inflows, despite lingering budgetary worries.The benchmark Brazilian stock index began at 157,928.31 points with no change, momentarily falling 0.01% to 157,906.06 points before gaining traction.By 11 a.m., the index had risen…
Global markets closed the week with a mix of policy shocks, earnings fallout, and renewed risk appetite.Japan’s central bank delivered its boldest rate hike in decades, signaling a historic shift away from ultra-easy money.US stocks steadied as tech rebounded despite Nike’s sharp tumble, while regulators cleared a surprise Nvidia-Intel deal.In…
US stocks displayed resilience on Friday as Nvidia and other AI-focused semiconductor names powered a tech-led rebound, sending the Nasdaq Composite higher while the S&P 500 and Dow Jones also advanced.The rally came after Micron Technology’s blowout earnings and upbeat guidance reignited confidence that artificial intelligence infrastructure spending remains robust…
US President Donald Trump announced deals with nine major pharmaceutical companies on Friday to lower US drug prices in exchange for three-year exemptions from threatened tariffs on pharmaceutical imports.The agreements bring the total number of drugmakers aligned with Trump’s pricing initiative to 14 of the 17 companies the administration targeted…
When a single airline carries nearly two-thirds of India’s domestic passengers and two apps handle more than four out of every five UPI transactions, market dominance is no longer an abstract policy; it becomes a monthly line item on your bill.India’s economy has quietly consolidated into oligopolies across essential services.IndiGo’s…