Chinese firms look to Malaysia for assembly of high-end chips, sources say
(Reuters) – A growing number of Chinese semiconductor design companies are tapping Malaysian firms to assemble a portion of their…
Swedes support Tesla mechanics’ strike, poll shows
(Reuters) – Most Swedes support an ongoing mechanics strike at Tesla (NASDAQ:TSLA)’s workshops in the Nordic country over the right…
Apple to halt US sales of Watch Series 9 and Watch Ultra 2 this week – 9to5Mac
Apple (NASDAQ:AAPL) is halting sales of its flagship Apple Watch models in the United States following an International Trade Commission…
EU investigates Musk’s X in first DSA probe
(Reuters) – The European Union is investigating social media company X, formerly known as Twitter, over a suspected breach of…
SunPower shares slide after raising going concern doubts
(Reuters) – SunPower (NASDAQ:SPWR) said on Monday it had substantial doubts on its ability to continue as a going concern,…
Goldman Sachs shuffles solar stocks as it now sees growing case for US residential firms
Goldman Sachs analysts shuffled their ratings for solar stocks in a note to clients Monday, upgrading Sunnova Energy International Inc…
Japan’s Nippon Steel to buy U.S. Steel in $14.9 billion deal
(Reuters) – Japan’s Nippon Steel clinched a deal on Monday to buy U.S. Steel for $14.9 billion in cash, prevailing…
Snap shares positioned for outperformance
Guggenheim upgraded Snap (SNAP) to Buy from Neutral in a research note Monday, raising its price target for the stock…
Adobe, Figma to terminate $20 billion deal over regulatory hurdles
(Reuters) – Adobe on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma, pointing to “no clear…
Dow Jones, Nasdaq, S&P 500 weekly preview: Eyeing record highs
The S&P 500 (SPX) closed 2.5% higher last week, which marked the 7th straight week of gains. The index is…