German inflation posts surprise drop to 2% in August
The harmonzied German consumer price index eased to 2% in August, the statistics office Destatis said Thursday.
Delivery Hero shares pop 10% as European food delivery giant plans IPO of Middle East unit
Delivery Hero CEO Niklas Ostberg said the IPO of its Middle East business was about bringing in local investors in the region to co-invest and support the unit.
‘Vigorous give and take’: U.S. security advisor discusses economic curbs in rare trip to China
U.S. national security advisor Jake Sullivan said he raised concerns about the country’s focus on economic security in meetings with Chinese officials.
Nvidia shares fall despite earnings beating estimates
Nvidia shares fell on Thursday despite its fiscal second-quarter results beating estimates.
These Asian firms in Buffett’s Berkshire Hathaway portfolio have surged, with one soaring 30%
Berkshire hit a $1 trillion market capitalization on Wednesday, the first non-technology company in the U.S. to hit the milestone.
CNBC Daily Open: Nvidia beating expectations isn’t enough
Is it fair to say Nvidia beat expectations, if retail investors always expect that the company will exceed expectations?
Slowdown in Nvidia’s sales growth spooks chip stocks in U.S. and Asia
Losses were most pronounced in Nvidia’s direct suppliers, such as TSMC and SK Hynix
Brazil top court threatens to suspend X operations in latest twist of ongoing feud
A Brazilian Supreme Court justice threatened to shut down the local operations of X unless Elon Musk names a legal representative in Brazil within 24 hours.
China’s electric car race is becoming more about chip prowess as companies focus on tech
Price wars aside, Chinese electric car companies are now competing on driver-assist and other tech powered by semiconductors.
Biden and Xi to speak after rare U.S. security advisor trip to China
The announcement came amid U.S. national security advisor Jake Sullivan’s trip to Beijing this week to meet with Wang Yi, China’s top diplomat.
