Nvidia’s half-a-trillion dollar wipeout leaves global chip stocks volatile
Global semiconductor stocks saw volatile trading on Tuesday after a slump in shares of Nvidia during the previous session.
German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs
Lufthansa Group said Tuesday that it would add an “environmental cost surcharge” to ticket prices as soon as this week.
Hedge funds are dumping tech stocks, especially chip names, heading into the second half
Hedge funds are rotating out of technology, especially winning chipmakers, after strong gains in the first half, according to data from Goldman Sachs.
Pictures show police clashing with anti-tax protesters in Kenya’s capital
Earlier in the day, the Kenyan parliament announced it had passed a second reading of the contentious Finance Bill 2024.
International Criminal Court issues arrest warrants for Russia’s Shoigu and Gerasimov
The International Criminal Court issued arrest warrants for Sergei Shoigu, the former Russian defense minister, and Russian general Valery Gerasimov on Tuesday.
EU charges Microsoft with ‘abusive’ bundling of Teams and Office, breaching antitrust rules
The European Union on Tuesday accused Microsoft of breaching antitrust rules with the “abusive” bundling of its Teams and Office products.
These are the world’s best airlines according to Skytrax — including a new No. 1
Singapore Airlines is no longer the best airline in the world, according to air transport rating firm Skytrax — instead Qatar Airways now holds the top spot.
Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve
Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates.
Cisco is ‘very optimistic’ about its expanding business with China EVs
Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, Cisco’s Greater China head Ming Wong told CNBC.
China’s Chang’e-6 lunar probe returns with first-ever samples from far side of the moon
China’s Chang’e-6 lunar probe returned to Earth on Tuesday, bringing back the first-ever samples from the far side of the moon.
