Market Chatter: Bombardier Granted Exemption From Canadian sanctions on Russian Titanium
President Biden quadrupled tariffs on Chinese-made EVs. The catch? Hardly any Americans are buying these cars anyway.
Runes etching on Bitcoin network drops drastically, affecting miners' income.
Geopolitical conflict and a "tit for tat" rivalry between US and China is a risk to future tech-earnings growth, sources told BI.
Taiwanese chipmaker TSMC does not necessarily need to use ASML's next generation "High NA EUV" machines for an upcoming generation of chip manufacturing technology called A16, which is under development for the second half of 2026, an executive said on Tuesday. The High NA lithography tools are expected to help shrink chip designs by up to two-thirds, but chipmakers must weigh that benefit against a higher cost and whether ASML's older tech may be more reliable and good enough. Speaking at a conference in Amsterdam, Kevin Zhang said that it is possible that the company's A16 plants could be designed to accommodate the technology, but that is not certain.
The U.S. and China are competing to acquire the metal, which is essential for EVs and data centers. It is also at the center of a $43 billion takeover battle.
Tesla sales volumes in Germany last month were so low, even Mitsubishi and Suzuki managed to outsell Elon Musk's carmaker.
(Bloomberg) -- Oil fell as US economic data showed inflation remains elevated, adding to bets the Federal Reserve won’t rush to cut interest rates this year.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsMacron Puts French Banks in Play With Plan to Transform EuropeFlood of China Used Cooking Oil Spurs Call to Hike US LeviesFive Under-the-Radar Billionaires Making Vast Fortunes in Modi's IndiaWest
The salad chain's robot-enhanced locations are significantly more profitable than the company average.
Microsoft has a runaway lead in data centre investment among its Big Tech rivals in a bid to stay ahead of the AI arms race.
In its financial results published on Monday, Petrobras recorded a net recurring profit of 23.9bn reais ($4.63bn) in the quarter ending in March.