Foxconn hopes to own 50% of the global AI server market within a couple years
Foxconn’s chairman told CNBC that AI demand remains strong as the company eyes U.S. expansion and a larger share of the global AI server market.
Iran claims four tankers struck mines in Hormuz as strike fears grow after U.S. midterms
Iran said four tankers struck mines in the Strait of Hormuz, while Tehran disputed a U.S. claim that key shipping lanes had been cleared.
BP’s third-quarter profit nearly quadruples to $8.5 billion as refining margins surge
The oil major was the latest to smash profit expectations as global conflicts continue to drive energy market volatility.
A pharma giant is moving past one patent cliff — but another is already looming
Disappointing data highlights Novartis’ challenge to build its next generation of blockbuster medicines, following a series of clinical trial setbacks.
Israel faces weeks of coalition haggling as Netanyahu’s party claims election ‘stolen’
Israel’s election leaves the country facing weeks of coalition bargaining and an uphill battle for the opposition party to form a majority government.
BOJ holds rates as underlying inflation aligns with 2% target for first time since 2013
The BOJ declared that its underlying inflation target of 2% has been met, the first time the central bank has done so since it set the target in 2013.
Intel plunges on a major guidance miss. What went wrong — and how to proceed
Further downside is certainly possible, but selling now won’t erase the losses we’ve taken.
FedEx Freight delivers a much-needed quarterly beat. Where we stand on shares now
Shares have struggled since their June debut. But this is a nice step forward.
How elections worldwide are testing Trump’s influence abroad
Recent election losses by leaders linked to Trump have prompted questions about whether his influence over the global right is weakening.
Starbucks serves up a solid quarter and full-year outlook. Why we’re staying invested
The coffee chain is showing improved profitability, chipping away at part of the bear case.
