Chip Stocks Tumble on A.I. Spending Fears and Rising Chinese Competition

South Korean stocks tumbled in particular, as reports of a breakthrough by a Chinese chip rival heightened concerns about competition.

South Korean stocks tumbled in particular, as reports of a breakthrough by a Chinese chip rival heightened concerns about competition.

Motasem Khashoggi, who hails from a prominent Saudi family, missed a Tuesday deadline to deliver a $100 million deposit to purchase the Manhattan landmark.

For years, Ukraine’s armed forces have relied on satellite communication services developed by Elon Musk’s SpaceX. Recent restrictions have hampered its war effort.
The S&P 500 fell 1.1 percent on Wednesday, the steepest drop in more than two months.

President Trump’s deal with Russia will probably not lower diesel prices that have soared because of his war with Iran and Ukrainian attacks on Russian refineries.

September’s Consumer Price Index report will keep pressure on President Trump and the Federal Reserve to tame intensifying price pressures.

Le groupe allemand devra débourser plus d’1 milliard d’euros pour acquérir un peu moins de la moitié du capital de la compagnie nationale portugaise.