ADVFN US – Market Content Editor

Artificial Intelligence Drives Better-Than-Expected Sales Foxconn, officially known as Hon Hai Precision Industry (USOTC:FXCOF), reported a sharp increase in second-quarter revenue as strong demand for artificial intelligence infrastructure continued to fuel growth, although the company warned that geopolitical uncertainty remains a key risk. The world’s largest contract electronics manufacturer generated revenue of T$2.513 trillion ($78.71…

Broker Expects Higher 2026 Growth Guidance Citi has increased its price target on Taiwan Semiconductor Manufacturing (NYSE:TSM), saying the world’s largest contract chipmaker is well positioned to upgrade its 2026 revenue outlook and long-term growth expectations when it reports quarterly results later this month. The brokerage lifted its target price to NT$3,800 from NT$2,875 while…

Merger Discussions Could Create Major Specialty Chemicals Group Solstice Advanced Materials (NASDAQ:SOLS), the specialty chemicals business spun off from Honeywell (NASDAQ:HON), is reportedly in discussions to merge with Element Solutions Inc (NYSE:ESI) in a transaction that would value the combined company at approximately $27 billion in enterprise value, according to the Financial Times. People familiar…

Everett Facility Begins Operating New Production Line Boeing (NYSE:BA) is set to activate a fourth final assembly line for the 737 MAX on Monday at its Everett, Washington, manufacturing site, marking another step in the company’s strategy to expand aircraft production. Known internally as the North Line, the facility forms part of Boeing’s long-term plan…

Higher Supply Expectations Pressure Crude Markets Oil prices fell by more than 1% on Monday after OPEC+ agreed to increase production targets again from August, while exports through the Strait of Hormuz continued to recover, reinforcing expectations of improving global crude supplies. Brent crude futures dropped $1.02, or 1.41%, to $71.10 per barrel by 07:56…

As global competition for critical minerals intensifies, Guardian Metal Resources(AMEX:GMTL)(LSE:GMET)(USOTC:GMTLF) is positioning itself at the forefront of North America’s effort to secure domestic supplies of tungsten, one of the world’s most strategically important metals. The company’s recently released Preliminary Feasibility Study (PFS) for its Pilot Mountain Project in Nevada highlights a development opportunity that combines…