As the global semiconductor supply chain gets more local, Goldman names the stocks that could benefit.
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Goldman Sachs picks its top chip stocks to play a new supply chain trend — including one it says has upside of over 60%
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Beta stock jumps 9% on $1 billion motor deal with air taxi maker Eve Air Mobility
Beta Technologies shares surged more than 9% after air taxi maker Eve Air Mobility announced an up to $1 billion deal to buy motors from the Vermont-based company. Eve, which was started by Brazilian airplane maker Embraer and is now under Eve Holding, said the manufacturing deal could equal as much as $1 billion over […]
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Nvidia-backed $4 billion AI startup announces major London expansion
Nvidia-backed video generation startup Luma AI is joining a growing wave of U.S. tech companies launching operations in the U.K., with major plans for a London expansion revealed on Tuesday. The Palo Alto-headquartered startup will look to hire around 200 employees — making up around 40% of its workforce — at its new London base […]
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Euro zone inflation up a notch to 2.2% in November, flash data shows
A Christmas market in Cottbus, Germany. Picture Alliance | Picture Alliance | Getty Images Euro zone inflation stood at 2.2% in November, marking a slight rise from the previous month, flash data from data agency Eurostat showed Tuesday. The latest consumer price index reading is just a shade above the European Central Bank’s 2% target. […]
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