Arm Slides After Smartphone Slowdown Overshadows AI Growth
(Bloomberg) — Arm Holdings Plc shares declined as much as 9% after a slowdown in the smartphone industry…
US to Adopt 25% Car Levy ‘Soon’ Unless EU Clears Trade Deal
(Bloomberg) — US Ambassador to the EU Andrew Puzder said Washington will implement 25% tariffs on cars and…
AI Startup Upstage in Talks to Buy 10,000 AMD Chips in Korea
(Bloomberg) — Korean AI startup Upstage is in discussions with Advanced Micro Devices Inc. to buy 10,000 of…
Oil Rallies as Iran Targets Middle East Energy Infrastructure
(Bloomberg) — Oil recovered as Iran continued attacks on energy infrastructure around the Middle East and Israel said…
World’s Top Central Banks Are About to Confront Fresh Inflation Threat as War Jolts Oil
Bloomberg (Bloomberg) — The world’s top central banks convene this week facing a renewed inflation threat from the…
Ray Dalio Sees Ongoing Diversification Away From US Assets
(Bloomberg) — There’s been an ongoing general diversification away from US assets, especially by global central banks, according…
Euro-Zone Inflation Near 2% to Seal Deal on ECB Rate Hold
Shoppers pass through Alexanderplatz during Black Friday sales in Berlin, Germany, on Nov. 28. (Bloomberg) — A euro-zone…
Global Stocks Hold Steady After Four-Day Rally: Markets Wrap
(Bloomberg) — A gauge of global equities held firm after four days of gains, following a recovery fueled…
Global Finance Chiefs Urged to Keep Calm as Trade War Escalates
Visitors look on as a container ship passes through the Aqua Clara locks while transiting the Panama Canal.…
Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
Larry Summers (Bloomberg) — Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too…
Tesla chair says Musk’s political activity ‘up to him,’ dismisses sales concerns
(Reuters) – Tesla board chair Robyn Denholm dismissed concerns that Elon Musk‘s political activity had depressed sales at…
Japan Risks Tariffs Hike If It Shuns Trump Investment Picks
A shipping terminal in Yokohama, Japan. Photographer: Toru Hanai/Bloomberg (Bloomberg) — Japanese imports may face higher tariffs if…