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Business

“Nvidia partner Foxconn reports 26% revenue spike as AI boom continues”

December 12, 2025

“Foxconn, also known as Hon Hai, has reported a 26% year-on-year revenue increase. The company is the world’s largest contract electronics manufacturer, assembling Apple’s iPhone and making the servers that hold chips in data centers. Foxconn pointed to “momentum for… Continue Reading…

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Business

“Micron beats on earnings as company sales rise 46% on AI boom”

October 9, 2025

“Micron reported better-than-expected earnings and revenue on Tuesday as well as a robust forecast for the current quarter. Micron shares have nearly doubled so far in 2025. Micron has been one of the winners of the AI boom…” https://www.cnbc.com/2025/09/23/micron-mu-q4-2025-earnings-report.html

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Stocks

“Corning shares pop 12% as AI boom drives stronger-than-expected demand for equipment”

July 10, 2024

“Corning shares closed up 12% Monday after the company raised its second-quarter guidance, marking the stock’s best trading day since March 2020. The company, known for developing the Gorilla Glass used for Apple iPhones and other phones, credits the outperformance to demand for its optical connectivity… Continue Reading…

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Real Estate

“[Florida] Property prices boomed here during Covid – they are now being slashed as soaring numbers of homes sit unsold”

April 30, 2024

“Its warm weather, low taxes and relatively affordable housing market attracted a surge of Americans to Florida during the Covid-19 pandemic, pushing up home values in the state. But as prices stagnate and supply soars in some areas, it seems that Florida’s housing bubble… Continue Reading…

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Stocks

“Shares of Micron pop 14% on earnings beat driven by AI boom”

March 28, 2024

“… Here’s how the company did: Micron said revenue rose to $5.82 billion from $3.69 billion in the year ago quarter. The company reported a net income of $793 million, up from a net loss of $2.3 billion in the… Continue Reading…

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Stocks

“Amazon gets boost from 72% [increase] in AI company Astera Labs’ IPO”

March 28, 2024

“…Shares of Astera Labs, which sells data center connectivity chips to cloud and AI infrastructure companies, soared 72% in their Nasdaq debut, closing at $62.03. That gives Astera a market cap of close to $9.5 billion…” https://www.cnbc.com/2024/03/20/amazon-gets-boost-from-72percent-pop-in-ai-company-astera-labs-ipo.html The AI sector is… Continue Reading…

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Economy

“China’s Boom Is Over—Beijing Is Making It Worse”

March 8, 2024

“China’s fundamental challenges—including weak demographics and heavy debts—are indeed tough. But it is also clear that much of what is plaguing China amounts to a nasty cyclical downturn exacerbated by Beijing’s poor policy choices. Tuesday’s big speech by Premier Li Qiang to… Continue Reading…

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Banking, Economy

“JPMorgan Sees India Share Sale Boom Reaching $30 Billion in 2024”

September 18, 2023

“…India will see at least $30 billion raised annually through primary and secondary share sales in 2024 and in the years to come, as companies and their shareholders are more willing to tap the market for funding, according to JPMorgan… Continue Reading…

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Business, Economy

“Caterpillar’s Sales Surge as Construction Booms”

August 1, 2023

“Caterpillar revenue surged 22% in the second quarter as demand for its construction products rose despite higher prices. Total revenue increased to $17.32 billion, lifted by higher sales across all three of its major segments, compared with $14.2 billion in… Continue Reading…

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Banking

“Wall Street layoffs likely ahead as two-year hiring boom turns to bust”

June 27, 2022

“…IPO volumes have dropped a staggering 91% in the U.S. from a year earlier, according to Dealogic data. Companies are unwilling or unable to issue stock or bonds, leading to steep declines in equity and debt capital markets revenues, especially in… Continue Reading…

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