Global markets opened Tuesday digesting a mix of defense contracts, economic data from South Korea, volatile commodity moves, and continued consolidation in the artificial intelligence sector. From Boeing’s major fighter jet order for Israel to Meta Platforms’ acquisition of fast-growing AI startup Manus, investors are weighing geopolitical risks alongside shifting growth signals in Asia and
Ocado share price had another difficult performance this year as woes in its business escalated. OCDO was trading at 240p on Tuesday, down by 20% from where it started the year. It has dropped by 40% from the year-to-date high. Ocado ends its exclusivity terms The biggest Ocado news this year came from the United
China’s electric vehicle (EV) boom is losing momentum in 2025, with sales declining across major players and analysts warning that the intense price war is likely to persist. While overall adoption remains high, slowing domestic demand, rising market concentration, and shifting policy support are reshaping the world’s largest auto market. Sales dip as competition intensifies
Chinese artificial intelligence startup MiniMax is preparing for a major public debut in Hong Kong, with Alibaba Group Holding Ltd. and Abu Dhabi Investment Authority (ADIA) set to anchor the offering, reported Bloomberg, citing people familiar with the matter. The deal positions MiniMax at the forefront of a closely watched race among China’s generative AI
Micron stock price was in a relentless bull run in 2025, making it the top gainer in the Nasdaq 100 and S&P 500 indices. It jumped to a record high of $294, much higher than the year-to-date low of $62, with its market capitalization rising to over $331 billion. MU’s jump mirrored that of other
The United States has granted an annual licence allowing Samsung Electronics and SK Hynix to import US chipmaking equipment to their China facilities for 2026. The development provides temporary relief from tightening export controls that threatened to disrupt the global memory supply chain. The approval, which replaces a broader exemption system expiring this week, offers
The Edinburgh Worldwide Investment Trust (EWIT) has generated a near 950% return on its long-held investment in Elon Musk’s Space Exploration Technologies, better known as SpaceX, underscoring one of the most successful private-market bets in its portfolio. The investment has also become a focal point in a growing dispute with the trust’s largest shareholder, activist
Apple has been lagging in the AI race compared to the other tech giants. While other tech giants have raced ahead with improved AI chatbots, video-generating apps, and much advanced AI models, Apple has not been able to deliver with its AI improvements. A recent executive shakeup has also put Apple on the back foot
Bank of America handed investors a bullish roadmap for semiconductor spending in 2026. Analyst Vivek Arya forecasts that global chip sales will surge roughly 30% to reach $1 trillion, a milestone the industry had previously targeted for 2030. But the AI boom is only halfway through a decade-long transformation, meaning the semiconductor leaders capturing this
Intel (NASDAQ: INTC) remains in focus following reports that its 18A process has failed to meet Nvidia’s (NASDAQ: NVDA) expectations. According to anonymous sources that spoke with Reuters last week, the setback has made NVDA decide against using that node to manufacture its advanced chips. Still, Futurum chief executive, Daniel Newman, believes the setback –