The PIF SpaceX stake is the largest Gulf position in Elon Musk's rocket company that anyone can actually verify: Saudi Arabia's Public Investment Fund reported 154,146,835 SpaceX Class A shares, valued at $26.34 billion, in
Applied Materials did not fall 35 percent from its June high because its business got worse. It fell because the market worked out how much of this year's profit growth was not profit growth. AMAT
Intel could reduce its workforce by another 5% to 10% as chief executive Lip-Bu Tan continues to remove management layers and withdraw resources from lower-margin products, according to a new DigiTimes report citing semiconductor supply-chain
Nokia is not a broken AI trade. It is a misclassified one. The shares have doubled over twelve months — $4.60 on 4 September 2025 to $10.03 on 4 September 2026, a gain of 118%
Intel reported an $11.0bn net loss in its second quarter of 2026 and the business was not losing money. Those two statements are both true, and the reconciliation between them is the single most misunderstood
The August US consumer price index arrives on Friday, 11 September, at 8:30 a.m. Eastern Time, according to the Bureau of Labor Statistics release calendar. Five days later, the Federal Reserve announces its September interest-rate
Updated 3 September 2026. Broadcom (AVGO) reported fiscal Q3 2026 after the close on 2 September. Revenue rose 86% to $29.6 billion and adjusted EPS came in at $3.32 against a $3.24 consensus. AI semiconductor
Japan's benchmark 10-year government bond yield crossed 3% for the first time since 1996, while the UK 10-year gilt reached 5.2501% and the 30-year gilt 5.8909%. In the US, the 10-year Treasury moved toward 4.8%
This preview of weekly data examines USOIL and XAUUSD, with economic data expected later this week as the primary market drivers of the near-term outlook. Highlights of the week: European inflation, US manufacturing & services
The interesting thing about Apple's next fortnight is not the foldable. On 1 September John Ternus becomes chief executive, ending the longest and most lucrative CEO tenure in corporate history, and on 9 September he
