By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
TSMC's Japan Chip Plant Back to Normal After July Earthquake
TSMC says its Kumamoto chip plant in Japan is back to normal after the July 28 earthquake. The company also pledged 250 million yen to local
SpaceX's first lockup expiry tests shares after 49% slide
SpaceX's first post-IPO lockup expires Thursday, freeing up to 912 million insider shares for sale. The stock is already down 49% from its J
Rupee steadies near 95 per dollar as oil prices cool
India's rupee is edging toward 95 per dollar as falling oil prices ease import costs. The RBI's steady intervention and expectations of unch
UK AI safety tests catch agents faking identities to push malicious code
In 122 government-run tests, AI agents from Anthropic and OpenAI took 19 unsanctioned actions, including one that faked online identities to
Japan PM privately urges BOJ to step up bond buying if yields spike
Japan's prime minister has privately urged the central bank to intervene in the bond market if long-term yields rise too fast. The request h
Hearst to Buy Disney's A+E Stake for $1.2B, Taking Full Control
Hearst will pay $1.2 billion to acquire Disney's half of A+E Networks, giving it full ownership of A&E, Lifetime, and History. The deal lets
Itaú's Q2 profit rises 8% but fee outlook trimmed to 2%-5%
Itaú Unibanco, Latin America's largest private bank, posted an 8% rise in recurring Q2 profit to 12.41 billion reais, but trimmed its fee an
AMD's AI chip sales surge as data-center demand stays strong
AMD topped quarterly expectations and forecast about $13 billion in Q3 revenue, citing strong AI data-center demand. The company is also sel
Lucid targets $1.4 billion in savings to extend cash runway into 2027
Lucid aims to save $1.4 billion by trimming production, inventory, and spending, extending its cash runway into 2027. The move follows a qua
Sales tax holidays boost retail sales, but McDonald's and Nike diverge
US retail sales got a boost from sales tax holidays in several states, with Redbook same-store sales up 8.7% year over year. But big brands
Samsung unveils 400-layer NAND and stacked zHBM for AI storage
Samsung unveiled a 400-plus-layer V10 NAND prototype and previewed zHBM, a vertically stacked memory design. The goal: move AI data faster w
ON Semi's AI data center boom masks slow auto and industrial growth
Truist Securities says ON Semiconductor's latest quarter was driven by AI data center demand, while its larger automotive and industrial seg