Category: Top Story
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Trade war over batteries: China’s export restrictions force the West to act – and position NEO Battery Materials as a potential game changer for AeroVironment and DroneShield
The geopolitical map of the technology sector is currently being redrawn. After China drastically tightened export controls in recent weeks on critical drone components and high-performance batteries, Western defense companies are increasingly facing supply chain risks. In this strategic environment, the Canadian company NEO Battery Materials is evolving from a pure technology developer into a…
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Nvidia tightens payment terms for Chinese orders of H200 AI processors
Nvidia (NASDAQ:NVDA) is requiring customers in China to settle orders for its H200 artificial intelligence chips in full at the time of purchase, according to a Reuters report published on Thursday that cited people familiar with the situation. Under the revised terms, orders must be prepaid and are subject to strict conditions, leaving no scope…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets in motion: futures slip, Samsung boosts profit outlook, Bitcoin retreats
U.S. equity futures moved lower on Thursday as investors looked ahead to key U.S. labour market data later in the week and weighed ongoing geopolitical developments. Oil prices stabilised after recent losses, Samsung delivered a stronger-than-expected profit outlook for the fourth quarter, and Bitcoin dropped back below the $91,000 level. U.S. futures drift lower U.S.…
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Markets in Motion: Following the green lights into the new year
Markets in Motion Top Down View As the New Year begins Markets in Motion, Bruce Campbell takes a top-down look at market conditions using a dashboard of short, intermediate, long-term and early warning indicators. While the short-term indicators remain noisy and carry less weight, the intermediate, long term indicators are decisively positive. Notably, the early warning indicator-…
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Dow, S&P 500 Give Back Ground But Nasdaq Moves Modestly Higher
Stocks fluctuated over the course of the trading day on Wednesday before eventually ending the relatively lackluster session mixed. While the Dow and the S&P 500 gave back ground after a positive start to the first full trading week of the new year, the tech-heavy Nasdaq showed a modest move to the upside. The Nasdaq…
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Boeing shares edge higher after Alaska Airlines announces record aircraft order
Shares of Boeing (NYSE:BA) rose about 1.4% on Wednesday after Alaska Airlines revealed the largest fleet purchase in its history, committing to 105 Boeing 737-10 jets and five 787 widebody aircraft. The agreement extends Alaska’s delivery schedule through 2035 and also includes options for a further 35 737-10 aircraft. Following the announcement, shares in Alaska…
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GameStop shares climb after unveiling performance-linked pay plan for CEO Cohen
Shares of GameStop Corp (NYSE:GME) rose about 3.6% in premarket trading on Wednesday after the company disclosed a new compensation structure for Chairman and Chief Executive Officer Ryan Cohen, tying his pay entirely to ambitious growth and profitability targets. The video game retailer said Cohen’s compensation is “100% at-risk,” with no fixed salary, cash bonuses…
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Netflix reiterates support for $82.7bn Warner Bros. Discovery merger after rival bid rejected
Netflix (NASDAQ:NFLX) said it remains fully committed to its $82.7 billion merger agreement with Warner Bros. Discovery (NASDAQ:WBD), after Warner Bros. Discovery’s board turned down a revised proposal from Paramount Skydance (NASDAQ:PARA). The Warner Bros. Discovery board concluded that the agreement with Netflix offers superior value for shareholders. Under the terms of the deal, Netflix…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. stocks seen opening unevenly as investors pause after recent rally
U.S. equity index futures are indicating a largely flat start to trading on Wednesday, suggesting stocks could struggle to find clear direction after advancing over the past two sessions. After a strong start to the first full trading week of the new year, some investors may be inclined to step back and reassess positions. That…
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Chevron and Quantum Energy line up joint bid for Lukoil’s overseas portfolio, FT reports
U.S. energy major Chevron (NYSE:CVX) is working with private equity firm Quantum Energy Partners on a potential bid for the international assets of Russian oil producer Lukoil, which are estimated to be worth about $22 billion, according to a report by the Financial Times on Wednesday. In a statement emailed to Reuters, a Chevron spokesperson…