Major global chip stocks rally on Micron’s surge; ASML up 4%
Micron shares rose in after-hours trade in the U.S. on Wednesday, sparking a rally
Putin reveals new rules on nuclear weapons in Russia’s latest warning to the West
Russian President Vladimir Putin announced that Moscow’s position on when it can consider using nuclear weapons could change imminently.
France’s biggest lender says there are ‘too many’ European banks as UniCredit moves on Commerzbank
BNP Paribas Chief Financial Officer Lars Machenil on Thursday voiced his support for greater integration in Europe’s banking sector.
H&M shares fall as much as 8% on profit miss and scrapped earnings margin target
Shares of H&M tumbled as much as 8% on Thursday after the world’s second-largest listed fashion retailer posted a miss on operating profit.
Klarna partners with fellow fintech Adyen to bring buy now, pay later into physical stores
Klarna said Thursday that it had entered into an agreement with Adyen to add its buy now, pay later products to physical payment terminals.
CNBC Daily Open: AI-adjacent companies may be the next big play
The AI wave will ripple throughout the ocean for some time. Big Tech or semiconductors are juicy catches, but a wider net might reel in other prizes.
Bank of Japan board members split over monetary policy path, meeting minutes show
The BOJ raised its benchmark policy rate to “around 0.25%” in a 7-2 split decision in July, marking its highest interest rate since 2008.
UK finance chiefs are banging the drum for one major reform to boost economic growth
U.K. finance chiefs are banging the drum for pension reforms to boost anaemic investment and growth in the country.
Not just China, Trump 2.0 could spell trouble for U.S. allies as he doubles down on tariff talk
Trump’s latest presidential campaign has increasingly framed American allies in Europe and Asia as trade rivals and targets for tariffs alongside China.
SK Hynix shares jump as company announces mass production of updated AI chip
The South Korean giant has been a main supplier of the high-bandwidth memory chips catering to AI chipsets for companies like Nvidia.
