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US lawmakers urge Trump administration to ban Chinese memory chips

Apple has been lobbying for clearance to buy from China’s CXMT during a global memory shortage

$3.2 trillion rotation from chips to the 'Magnificent 7' has left the S&P 500 going nowhere: Chart of the Day

The S&P 500 and Nasdaq Composite have been stuck for months as Big Tech earnings approach.

Turbo-charged SK Hynix volatility shows no sign of abating as AI euphoria swings to fatigue

SK Hynix shares continued their rollercoaster ride Thursday with a 12% collapse following on from Wednesday’s near 9% jump.

Australian Dollar consolidates gains as dwindling Fed hiking hopes hurt the US Dollar

The Australian Dollar (AUD) trades practically flat against a weaker US Dollar (USD) on Thursday as investors pare back bets of immediate Fed tightening, following unexpectedly soft US inflation figur ...

Chinese AI start-up Moonshot to launch model challenging Anthropic’s lead

Kimi K3 expected to exceed performance of Claude Opus 4.8 in sign of narrowing gap between US and China on frontier AI

Chinese AI start-up Moonshot to launch model challenging Anthropic’s lead

Kimi K3 expected to exceed performance of Claude Opus 4.8 in sign of narrowing gap between US and China on frontier AI

Crude oil loading suspended at all Iraqi terminals after drone incident – Reuters

Citing four Iraqi oil and security sources, Reuters reported on Thursday that a drone crashed into an oil tanker in Iraq's Basra terminal, although no damage or fire was caused.

I’m 67, own two mortgage-free homes worth $2.8 million, but I have $19,000 in credit-card debt. Should I get a HELOC?

“My son was recently diagnosed with lymphoma, which may be related to burn-pit exposure during his military service in Afghanistan.”

Hyundai Motor deal with SoftBank for Boston Dynamics stake is as wild as the robot videos

Hyundai Motor may have just struck an incredible bargain — or maybe SoftBank is hard up for cash.

British Pound: Fiscal reassurance supports gains – MUFG

Lee Hardman at MUFG highlights that the British Pound (GBP) has strengthened sharply, helped by reports that Shabana Mahmood is set to become the next UK chancellor, reinforcing expectations of “sound ...

SpaceX sets evening Starship launch in first test flight since IPO

US Dollar: Losing more ground – ING

ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note the Dollar remains under pressure after softer US CPI and PPI data, with FX volatility declining and Brent around $85.