US Sends 9,000 More Troops and Third Carrier to Middle East as Iran Tensions Rise
A third US aircraft carrier and 9,000 additional troops are heading to the Middle East as Trump weighs fresh strikes on Iran. Here’s the market impact.
NVIDIA Unveils Record $150B Buyback as Data Center Revenue Hits $89B
NVIDIA’s historic $150 billion share buyback and 106% revenue growth have Jim Cramer doubling down. Here’s what the numbers mean for your portfolio.
Amazon Pledges $1B for Data Center Communities Amid Political Backlash
Amazon will invest over $1 billion in communities hosting its data centers as political backlash grows. Here’s what the $220B capex surge means for investors.
Oil Prices Stall Despite War: JPMorgan Flags Demand Collapse
Brent crude has averaged just $94 a barrel since the Iran conflict began, far below JPMorgan’s original $130 call, as global demand destruction and a widening Russian budget gap raise recession warnings.
Iran War Escalation Sends Oil to $102, Bond Yields to 24-Year High
US deploys a third carrier group as the Iran conflict enters its 8th month; Brent crude jumps 4.37% to $102.31 and Treasury yields hit 24-year highs.
India Pushes Indigenous GaN Chip Production via SpintronicsAI-CSIR Partnership
SpintronicsAI Semiconductors signed an MoU with CSIR-CEERI to assess building India’s first indigenous Gallium Nitride chip fabrication facility.
Is Australia Headed for Recession? GDP Growth Data Tells a Different Story
Australia grew 0.4% in the June quarter and 2.1% over the year, official data show, even as rate hikes, inflation and unemployment fuel recession fears.
Micron Stock Rallies as Wall Street Hikes Price Targets to $1,600 After Blowout Earnings
Micron Technology shares gained after a fiscal Q4 earnings beat; Deutsche Bank, TD Cowen and RBC Capital all raised price targets as high as $1,600.
SEMIFIVE, Mobilint Ink Deal to Build Robotics AI Chip Under Korea’s Government Program
South Korea’s SEMIFIVE signed a turnkey contract with Mobilint to develop a robotics AI chip under the government-backed K-On-Device AI Semiconductor program.
Oil Holds Above $103 as Trump Denies Iran Sanctions Relief Amid 7-Month War
Brent crude traded at $103.20 and WTI at $89.48 after Trump rejected reports of easing Iran sanctions, as Tehran confirms receiving a US response to its latest ceasefire proposal.