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…
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Investing
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Consumers planning to buy a new PC or smartphone next year may face higher prices, and the reason is increasingly clear: soaring memory costs driven by artificial intelligence demand. Micron Technology’s latest financial results offer…
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When one airline flies nearly two-thirds of India’s domestic passengers and just two apps handle over 80% of UPI payments, market power stops being a policy debate — it becomes a charge on your monthly…
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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…
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Investing
Weak labour market, not inflation, will drive multiple Fed rate cuts in 2026, says Commerzbank
The US Federal Reserve could be on course for several interest rate cuts in 2026, even if a pause is more likely in January, Commerzbank AG said. The US labour market’s momentum has significantly stalled, with… -
Asian markets began the week on a firm footing, buoyed by technology-led gains on Wall Street, while gold surged to fresh record highs amid expectations of easier US monetary policy. Elsewhere, China kept its benchmark…
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Investing
Micron reports best growth in US semiconductor history, but is it too late to buy MU shares?
Micron Technology (NASDAQ: MU) rallied some 15% today after reporting top- and bottom-line growth for its fiscal Q1 that Morgan Stanley dubbed the “best in the history of the US semis industry” outside of Nvidia.For… -
FuelCell Energy (NASDAQ: FCEL) soared over 30% on Dec. 18 after the Danbury-headquartered firm posted better-than-expected financials for its fourth quarter.In Q4, the company’s backlog also grew to $1.19 billion, indicating solid demand for its…
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The venture capital arms of Nvidia and Google have backed Swedish startup Lovable in a $330 million Series B round that values the vibe coding platform at $6.6 billion.The investment triples Lovable’s valuation in just…
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TikTok’s Chinese owner, ByteDance, has signed binding agreements with three major investors to form a new joint venture that will operate TikTok’s US app, a move aimed at averting a long-threatened ban by the US…