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AMD plummets 8% in premarket trading despite beating expectations
AMD's stock plunged on Wednesday despite posting earnings that beat expectations, as investor enthusiasm for the Nvidia challenger waned.The stock was last down 8.2% in premarket trading.The market jitters come despite AMD revenue…
Trump’s mass deportation agenda led to higher prices: immigration group
The badge of an Immigration and Customs Enforcement (ICE) agent.Michael M. Santiago | Getty ImagesPresident Donald Trump's mass deportation campaign has caused the costs of groceries, homes and healthcare to rise and local economies to…
SpaceX dives 9% after AI spending surge rattles investors
A live feed shows SpaceX CEO Elon Musk on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. Jeenah Moon | ReutersSpaceX shares plunged on Wednesday after a surge in AI…
Europe drought threatens energy, shipping and growth
An aerial view shows a former eel fishing boat covered in dried mud among on low water among the banks of the river Rhine near Neuss, western Germany, on July 30, 2026, as the water level in the Rhine is falling to a record low following…
Novo Nordisk’s raised forecast fails to change the debate over its obesity
Novo Nordisk's quarterly beat and guidance increase did little to resolve Wall Street's biggest concern: whether the Ozempic maker has a convincing path back to sustainable growth as competition from Eli Lilly intensifies.Analysts said…
India’s central bank keeps benchmark rates steady, cites ‘moderate’ core
Reserve Bank of India (RBI) Governor Sanjay Malhotra speaks during a press conference after the monetary policy review at RBI headquarters in Mumbai on December 5, 2025. India's central bank cut interest rates on December 5 as low…
U.S. says Strait of Hormuz is open as Bessent says Iran deal is close
This frame grab taken from AFPTV video footage on July 12, 2026 shows cargo ships anchoring near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan.AFPTV | Getty ImagesThe U.S. military said the Strait…
GM, Chinese automaker extend tie-up amid geopolitical tensions with US
Workers assemble cars at a car plant of SAIC-GM-Wuling in Qingdao city in east China's Shandong province, Feb. 5, 2025.ZHANG JINGANG | Future Publishing | Getty ImagesDETROIT — General Motors and China's SAIC Motor have extended a…
SpaceX AI spending unnerves Wall Street despite promising quick payoff
The SpaceX headquarters is seen on Monday, Aug. 3, 2026 in Hawthorne, CA. Eric Thayer | Los Angeles Times | Getty ImagesAfter SpaceX spent way more on its AI buildout than analysts expected, executives tried to convince investors on…
Asian tech rally, SK Hynix, Samsung, Advantest
CANADA - 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket |…