Cisco Shares Surge After AI-Fueled Outlook Exceeds Estimates
Cisco Systems Inc. said revenue will be $15 billion to $15.2 billion in the quarter that runs through…
Infineon Sees 2026 Revenue Growth as AI Outlook Boosts Sales
(Bloomberg) — Infineon Technologies AG (IFX.DE, IFNNY) forecast revenue will return to growth in the 2026 fiscal year…
Bessent Deflects Inflation Concerns, Sees Better Times in 2026
US Treasury Secretary Scott Bessent (Bloomberg) — US Treasury Secretary Scott Bessent deflected concerns about high costs under…
Switzerland Moves Close to Securing Improved 15% Tariff Deal
Switzerland’s parliament building in Bern. Photographer: Francesca Volpi/Bloomberg (Bloomberg) — Switzerland is close to securing a 15% tariff…
Inflation Flip Gives Emerging Markets Edge Over Rich Nations
Gains in some markets, including Hungary, Brazil and Egypt are topping 20%. (Bloomberg) — A rare turn in…
China Consumer Prices Unexpectedly Rise on Holiday Demand
(Bloomberg) — China’s consumer prices unexpectedly increased in October, as holidays during the month boosted travel, food and…
TSMC’s Slowing Monthly Sales Fuel AI Sustainability Debate
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported slowing growth in monthly revenue, highlighting uncertainty over the sustainability of…
China’s Deflationary Spiral Hurts Economy Harder Than Official Numbers Suggest
Bloomberg analysis shows deflation on the ground feels more pronounced than official data show, with prices of everyday…
OpenAI Asks US to Expand Chips Tax Credit to AI Data Centers
Construction at the Stargate AI data center in Abilene, Texas in September. (Bloomberg) — OpenAI has asked the…
Chinese Exports Unexpectedly Slump for First Time Since February
(Bloomberg) — China’s exports unexpectedly contracted in October as global demand failed to offset the deepening slump in…
Japan’s Households Boost Spending Despite Inflation Hit
A shopping street in Tokyo. Photographer: Toru Hanai/Bloomberg (Bloomberg) — Japan’s household spending rose for a fifth month,…
Japan’s Ruling Party Eyes $6.5 Billion a Year for Chips, AI
Yoshihiro Seki (Bloomberg) — Japan’s ruling party aims to secure roughly ¥1 trillion ($6.5 billion) per year to…