AI Demand Pushes Data Center Deals to Record High
Over 100 data center deals were completed through November for a total of $61 billion as companies seek to secure sufficient capacity for AI growth.
Business
Investors Beleaguered by Multiple Yearend Crosswinds
Oil supplies uncertainties due to two wars, the bitcoin crash and incessant twists to Trump trade wars keep investors from being able to enjoy the ...
Coffee Prices Stay High Despite Tariff Reset
The doubling of coffee prices were driven mostly by last year's shortage of supplies with tariffs slowly filtering slowly into pricing.
Nikesh Arora's Palo Alto Inks $10 Billion Deal with Former Employer Google
Cybersecurity firm Palo Alto Networks commits to a $10 billion deal to buy Google Cloud security services over the next several years.
Emerging Markets Keep Soaring through Erratic US Tariffs
Investors seeking double-digit returns find in emerging markets safe havens from erratic Trump tariff starts and stops.
Chinese Firms Relocate to Singapore to Avoid Trade Tensions
Growing numbers of Chinese firms engage in "Singapore Washing" to protect themselves from the possibility of falling victim to a US-China trade war.
UPS Uses AI to Detect Fraudulent Returns
An AI-powered device scans returns to client retailers to determine if they're among the 10% that are fraudulent.
Micron CEO Sanjay Mehrotra Sees Tight Memory Past 2026
Micron Technology shares jumped 16% Thursday as demand for advanced memory chips for AI and smartphones far exceeds global production capacity.
Trump Media Joins Google's TAE in Fusion Energy Quest
A $6 billion merger between Trump's social media company and Google-backed TAE may add new resources to decades-long pursuit of fusion power plants.
Weed Stocks Jump on Expected Easing of Regulations
A Trump executive order would expand the market for cannabis products by moving marijuana from a Schedule I substance to Schedule III, the same category ...
CPI Increases Less than Forecast Due to Technical Blip
The BLS data pegged November's CPI increase on year to 2.7%, below the 3.0% for the year through September, likely due to seasonal and technical ...
OpenAI May Raise $100 Billion at $750 Billion Valuation
Talks with investors come ahead of an IPO that is expected to value the AI pioneer at $1 Trillion.
November CPI Jumped As Some Tariff Costs Passed Through
Despite retailers having so far pushed only 40% of tariff costs onto consumers, the CPI rose 3.1% on year in November, the biggest since May ...
Ford Cancels $6.5 Billion EV Battery Deal with LG Energy
The US carmaker is scaling back its EV strategy to shift resources toward hybrid and ICE vehicles.
Lithium Prices Surge in China After 27 Mining Licenses Revoked
Jiangxi Province's plan to cancel 27 mostly expired mining licenses in the lithium center of Yichun prompted a 7.61% jump in lithium futures.
Amazon $10 Billion OpenAI Bet Adds to Circular AI Deals
The investment would complement an earlier deal for OpenAI to buy $38 billion worth of Amazon's cloud services and its Tranium chips.
AI Chipmaker MetaX Shares Soars 700% on Shanghai Debut
The redhot IPO market for AI chips is powered by the forecast that China's AI chip sales will jump from $54 billion in 2026 to ...
Singapore November Exports Jumped 11.6%
AI-related demand from the US, EU and Taiwan helped boost exports far beyond the 7% forecast after a 21.7% jump in October.
Waymo May Raise $15 Billion at $100 Billion Valuation
Google's industry-leading robotaxi service will raise money in a round led by parent Alphabet.
Japan's Exports Rose 3rd Straight Month
November exports rose 6.1% on year as shipments to US rebounded for first time in 8 months.
Tesla Given 90-Day Grace Period by California
The pioneering EV-maker's ability to continue to sell in California is in jeopardy due to DMV charges that its use of the terms "Autopilot" and ...
Job Growth Improved but Unemployment at 4-Year High
Nonfarm payrolls grew by 64,000 in November but the unemployment rate surged to 4.6% as 105,000 jobs were lost.
Chinese Antimony Smuggler Gets 12-Year Sentence
China sentenced 27 Chinese for shipping antimony ingots without export licenses.
Smartphone Shipments Fall As Chipmakers Focus on AI Demand
A shortage of legacy memory chips will drive down 2026 low-end smartphone shipments as chipmakers shift production to the high-end memory demanded by AI data ...
Delayed Jobs Data Expected to Show Weakening Job Market
The November unemployment report from the Bureau of Labor Statistics due Tuesday is expected to show stalled hiring and a slow rise in the unemployment ...
Biren's HK IPO to Tap Redhot Market for AI Chip Stocks
Chinese AI chip startup's IPO comes in the wake of offerings by rivals Moore Threads and MetaX that were oversubscribed by a factor of thousands.
NASDAQ Files to Extend Trading Hours
NASDAQ moves toward 23/5 trading as Wall Street eyes eventual 24/7 trading.
Nvidia Buys SchedMD AI for Open-Source Ecosystem Competition
As the AI competition moves to open source models, SchedMD's software to help data centers to optimize large computing jobs will help Nvidia shore up ...
Roomba Maker iRobot Files Bankruptcy on Tariff Impact
The company will be bought out of bankruptcy by its primary manufacturer and creditor Picea Robotics.
Viet EV Maker VinFast to Boost Indonesia Bet to $1 Billion
VinFast inaugurates its Subang, West Java manufacturing plant with a capacity of 50,000 cars per year and eyes scaling up to 350,000.
Japan Must Focus on Niches to Revive Chip Prowess Says NTT Boss
Japan's government-backed Rapidus chipmaker is eyeing a focus on few selected niches instead of trying to compete at scale with TSMC and Samsung.
Adrian Cheng's ALMAD to Bring Chinese Attractions Dubai
Dubai's Wafi Group partners with Hong Kong's New World Development to bring anime-theme entertainment and Chinese brands to Wafi City
Japan Business Sentiment Hits 4-Year High
The tankan survey shows business confidence hit +15 in November, partially offsetting worries about US tariffs and soft consumption and setting up expectations for a ...
China's Slowing Economy in November Adds Pressure for Reforms
Slowing growth in China's export-oriented economy increases calls for deeper reforms to encourage more domestic consumer consumption.
Korea Zinc to Build $7.4 Billion US Rare Earths Plant
The joint venture with US firms and the US government would produce antimony, germanium and gallium essential to telecommunications, chips and weaponry production.
Nvidia May Boost H200 Production on Surging China Demand
Even as Nvidia struggles to meet demand for its current-generation Blackwell chips, it is considering adding more lines to meet surging demand for the last-gen ...
Huawei Smartphone Uses Chinese Kirin 9030 Chip
The chip fabricated by China's top foundry SMIC uses an improved 7-nanometer process which still lags the 5-nm nodes used by TSMC and Samsung.
SpaceX Valued at $800 Billion in Insider Share Sale
In anticipation of a 2026 IPO that seeks to raise $25 billion, SpaceX is offering shares at $421 apiece, implying an $800 billion valuation.
Synthetic DNA Sequences Targeted for Export Controls
Digital DNA sequences derived from cutting-edge biotech research using AI are seen by a bipartisan group of lawmakers as technology that should be protected from ...
SpaceX IPO Clouded by Financial Impact of Mars Mission
Elon Musk's lifelong dream of sending humans to Mars adds a large element of risk to SpaceX's financial prospects.
Xpeng to Begin Mass EV Production in Malaysia
The Chinese luxury-EV maker is in talks with EPMB to begin Malaysia production in 2026 to serve Southeast Asia's right-hand drive market.
Cannabis Reclassification to Schedule III Boosts Stocks
Trump is expected to loosen federal restrictions on marijuana, helping the cannabis industry with sales and financing.
Intel Tests Next-Gen Chipmaking Tool Developed in China
Intel's next-gen chipmaking process 14A may use a wafer-etching tool developed entirely in Shanghai by ACM Research, a Fremont-based firm founded by Chinese American David ...
Rivian Self-Driving Chip Surpasses Tesla's at Lower Cost
The Rivian Autonomy Processor enables Level 4 autonomy in the near future using a system that combines lidar input and its proprietary Large Driving Model.
Eli Lilly's Next GLP-1 Drug Outperforms Zepbound
The market leader in weight-loss drugs is poised to strengthen its position when its retatrutide drug is approved by the FDA.
Weekly Jobless Claims Surge on Seasonal Data Adjustments
Claims jumped 44,000 to a seasonally adjusted 236,000 for the week ended December 6 due largely to difficulties with seasonal adjustments around the Thanksgiving holidays.
Oracle's Huge AI Investments vs Weak Cash Flow Stalls Stocks
As a key player in the aggressive global AI infrastructure buildout, Oracles' weak earnings on AI investments is seen by some as a reality check ...
China Recognizes Imbalance, Promises Big Boost for Consumption
Beijing pledges stimulus to boost incomes and consumption in order to secure 5% growth for 2026.
China Resumes Talks with EU on Minimum EV Pricing Plan
China seeks to replace tariffs of up to 45.3% with a scheme to impose minimum prices on its EV exports to Europe.
China's ZTE May Pay $1 Billion on US Foreign Bribery Charges
The allegations were based on bribes to officials in South America and elsewhere to secure telecom contracts.
AI Demand Pushes Data Center Deals to Record High
Over 100 data center deals were completed through November for a total of $61 billion as companies seek to secure sufficient capacity for AI growth.
Investors Beleaguered by Multiple Yearend Crosswinds
Oil supplies uncertainties due to two wars, the bitcoin crash and incessant twists to Trump trade wars keep investors from being able to enjoy the ...
Coffee Prices Stay High Despite Tariff Reset
The doubling of coffee prices were driven mostly by last year's shortage of supplies with tariffs slowly filtering slowly into pricing.
Nikesh Arora's Palo Alto Inks $10 Billion Deal with Former Employer Google
Cybersecurity firm Palo Alto Networks commits to a $10 billion deal to buy Google Cloud security services over the next several years.
Emerging Markets Keep Soaring through Erratic US Tariffs
Investors seeking double-digit returns find in emerging markets safe havens from erratic Trump tariff starts and stops.
Chinese Firms Relocate to Singapore to Avoid Trade Tensions
Growing numbers of Chinese firms engage in "Singapore Washing" to protect themselves from the possibility of falling victim to a US-China trade war.
UPS Uses AI to Detect Fraudulent Returns
An AI-powered device scans returns to client retailers to determine if they're among the 10% that are fraudulent.
Micron CEO Sanjay Mehrotra Sees Tight Memory Past 2026
Micron Technology shares jumped 16% Thursday as demand for advanced memory chips for AI and smartphones far exceeds global production capacity.
Trump Media Joins Google's TAE in Fusion Energy Quest
A $6 billion merger between Trump's social media company and Google-backed TAE may add new resources to decades-long pursuit of fusion power plants.
Weed Stocks Jump on Expected Easing of Regulations
A Trump executive order would expand the market for cannabis products by moving marijuana from a Schedule I substance to Schedule III, the same category ...
CPI Increases Less than Forecast Due to Technical Blip
The BLS data pegged November's CPI increase on year to 2.7%, below the 3.0% for the year through September, likely due to seasonal and technical ...
OpenAI May Raise $100 Billion at $750 Billion Valuation
Talks with investors come ahead of an IPO that is expected to value the AI pioneer at $1 Trillion.
November CPI Jumped As Some Tariff Costs Passed Through
Despite retailers having so far pushed only 40% of tariff costs onto consumers, the CPI rose 3.1% on year in November, the biggest since May ...
Ford Cancels $6.5 Billion EV Battery Deal with LG Energy
The US carmaker is scaling back its EV strategy to shift resources toward hybrid and ICE vehicles.
Lithium Prices Surge in China After 27 Mining Licenses Revoked
Jiangxi Province's plan to cancel 27 mostly expired mining licenses in the lithium center of Yichun prompted a 7.61% jump in lithium futures.
Amazon $10 Billion OpenAI Bet Adds to Circular AI Deals
The investment would complement an earlier deal for OpenAI to buy $38 billion worth of Amazon's cloud services and its Tranium chips.
AI Chipmaker MetaX Shares Soars 700% on Shanghai Debut
The redhot IPO market for AI chips is powered by the forecast that China's AI chip sales will jump from $54 billion in 2026 to ...
Singapore November Exports Jumped 11.6%
AI-related demand from the US, EU and Taiwan helped boost exports far beyond the 7% forecast after a 21.7% jump in October.
Waymo May Raise $15 Billion at $100 Billion Valuation
Google's industry-leading robotaxi service will raise money in a round led by parent Alphabet.
Japan's Exports Rose 3rd Straight Month
November exports rose 6.1% on year as shipments to US rebounded for first time in 8 months.
Tesla Given 90-Day Grace Period by California
The pioneering EV-maker's ability to continue to sell in California is in jeopardy due to DMV charges that its use of the terms "Autopilot" and ...
Job Growth Improved but Unemployment at 4-Year High
Nonfarm payrolls grew by 64,000 in November but the unemployment rate surged to 4.6% as 105,000 jobs were lost.
Chinese Antimony Smuggler Gets 12-Year Sentence
China sentenced 27 Chinese for shipping antimony ingots without export licenses.
Smartphone Shipments Fall As Chipmakers Focus on AI Demand
A shortage of legacy memory chips will drive down 2026 low-end smartphone shipments as chipmakers shift production to the high-end memory demanded by AI data ...
Delayed Jobs Data Expected to Show Weakening Job Market
The November unemployment report from the Bureau of Labor Statistics due Tuesday is expected to show stalled hiring and a slow rise in the unemployment ...
Biren's HK IPO to Tap Redhot Market for AI Chip Stocks
Chinese AI chip startup's IPO comes in the wake of offerings by rivals Moore Threads and MetaX that were oversubscribed by a factor of thousands.
NASDAQ Files to Extend Trading Hours
NASDAQ moves toward 23/5 trading as Wall Street eyes eventual 24/7 trading.
Nvidia Buys SchedMD AI for Open-Source Ecosystem Competition
As the AI competition moves to open source models, SchedMD's software to help data centers to optimize large computing jobs will help Nvidia shore up ...
Roomba Maker iRobot Files Bankruptcy on Tariff Impact
The company will be bought out of bankruptcy by its primary manufacturer and creditor Picea Robotics.
Viet EV Maker VinFast to Boost Indonesia Bet to $1 Billion
VinFast inaugurates its Subang, West Java manufacturing plant with a capacity of 50,000 cars per year and eyes scaling up to 350,000.
Japan Must Focus on Niches to Revive Chip Prowess Says NTT Boss
Japan's government-backed Rapidus chipmaker is eyeing a focus on few selected niches instead of trying to compete at scale with TSMC and Samsung.
Adrian Cheng's ALMAD to Bring Chinese Attractions Dubai
Dubai's Wafi Group partners with Hong Kong's New World Development to bring anime-theme entertainment and Chinese brands to Wafi City
Japan Business Sentiment Hits 4-Year High
The tankan survey shows business confidence hit +15 in November, partially offsetting worries about US tariffs and soft consumption and setting up expectations for a ...
China's Slowing Economy in November Adds Pressure for Reforms
Slowing growth in China's export-oriented economy increases calls for deeper reforms to encourage more domestic consumer consumption.
Korea Zinc to Build $7.4 Billion US Rare Earths Plant
The joint venture with US firms and the US government would produce antimony, germanium and gallium essential to telecommunications, chips and weaponry production.
Nvidia May Boost H200 Production on Surging China Demand
Even as Nvidia struggles to meet demand for its current-generation Blackwell chips, it is considering adding more lines to meet surging demand for the last-gen ...
Huawei Smartphone Uses Chinese Kirin 9030 Chip
The chip fabricated by China's top foundry SMIC uses an improved 7-nanometer process which still lags the 5-nm nodes used by TSMC and Samsung.
SpaceX Valued at $800 Billion in Insider Share Sale
In anticipation of a 2026 IPO that seeks to raise $25 billion, SpaceX is offering shares at $421 apiece, implying an $800 billion valuation.
Synthetic DNA Sequences Targeted for Export Controls
Digital DNA sequences derived from cutting-edge biotech research using AI are seen by a bipartisan group of lawmakers as technology that should be protected from ...
SpaceX IPO Clouded by Financial Impact of Mars Mission
Elon Musk's lifelong dream of sending humans to Mars adds a large element of risk to SpaceX's financial prospects.
Xpeng to Begin Mass EV Production in Malaysia
The Chinese luxury-EV maker is in talks with EPMB to begin Malaysia production in 2026 to serve Southeast Asia's right-hand drive market.
Cannabis Reclassification to Schedule III Boosts Stocks
Trump is expected to loosen federal restrictions on marijuana, helping the cannabis industry with sales and financing.
Intel Tests Next-Gen Chipmaking Tool Developed in China
Intel's next-gen chipmaking process 14A may use a wafer-etching tool developed entirely in Shanghai by ACM Research, a Fremont-based firm founded by Chinese American David ...
Rivian Self-Driving Chip Surpasses Tesla's at Lower Cost
The Rivian Autonomy Processor enables Level 4 autonomy in the near future using a system that combines lidar input and its proprietary Large Driving Model.
Eli Lilly's Next GLP-1 Drug Outperforms Zepbound
The market leader in weight-loss drugs is poised to strengthen its position when its retatrutide drug is approved by the FDA.
Weekly Jobless Claims Surge on Seasonal Data Adjustments
Claims jumped 44,000 to a seasonally adjusted 236,000 for the week ended December 6 due largely to difficulties with seasonal adjustments around the Thanksgiving holidays.
Oracle's Huge AI Investments vs Weak Cash Flow Stalls Stocks
As a key player in the aggressive global AI infrastructure buildout, Oracles' weak earnings on AI investments is seen by some as a reality check ...
China Recognizes Imbalance, Promises Big Boost for Consumption
Beijing pledges stimulus to boost incomes and consumption in order to secure 5% growth for 2026.
China Resumes Talks with EU on Minimum EV Pricing Plan
China seeks to replace tariffs of up to 45.3% with a scheme to impose minimum prices on its EV exports to Europe.
China's ZTE May Pay $1 Billion on US Foreign Bribery Charges
The allegations were based on bribes to officials in South America and elsewhere to secure telecom contracts.
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