Business

155 developing stories
Global Chip Selloff Deepens as AI Debt and Inflation Fears Spread
Business40 sources · over 8 days16m ago

Global Chip Selloff Deepens as AI Debt and Inflation Fears Spread

A week of selling has spread beyond chipmakers as investors question AI spending, rising debt and Chinese competition, while hotter US inflation adds pressure on technology stocks.

Hushread Stories · written with AI

All stories in Business

Brent Oil Hits $110 as Hormuz Attacks Deepen Supply Fears
Business8h ago

Brent Oil Hits $110 as Hormuz Attacks Deepen Supply Fears

Oil reversed an earlier retreat as attacks around the Strait of Hormuz and threats to Russian refineries intensified supply concerns, outweighing potential relief from US sanctions changes.

15 sources · over 4 days
Starlink Renews India Push as Reliance Defends Satellite Approval Rules
Business20h ago

Starlink Renews India Push as Reliance Defends Satellite Approval Rules

Starlink says it is ready to serve India, while Reliance and Bharti Airtel point to their own pending clearances amid a public dispute over market access.

13 sources · over 4 days
CoreWeave Debt Selloff Raises Funding Fears Across the AI Industry
Business21h ago

CoreWeave Debt Selloff Raises Funding Fears Across the AI Industry

A sharp selloff in CoreWeave's shares and bonds is testing confidence in debt-funded AI expansion, with lenders increasingly wary of financing other technology startups.

18 sources · over 5 days
TSMC Posts Sixth Straight Record Quarterly Profit as AI Demand Surges
Business21h ago

TSMC Posts Sixth Straight Record Quarterly Profit as AI Demand Surges

The chipmaker beat profit expectations as AI customers competed for limited production capacity, but falling shares and a more cautious 2027 outlook complicate the picture.

15 sources · over 3 days
Warsh Warns of Bumpy AI Transition as October Rate Hold Bets Strengthen
Business22h ago

Warsh Warns of Bumpy AI Transition as October Rate Hold Bets Strengthen

Federal Reserve Chairman Kevin Warsh paired optimism about artificial intelligence with a pledge on price stability, while leaving investors without a firm signal before October's interest rate decision.

17 sources · over 2 days
Lufthansa Wins Portugal's TAP Stake in €1.201 Billion Deal
Business1d ago

Lufthansa Wins Portugal's TAP Stake in €1.201 Billion Deal

Portugal has formalized its choice of Lufthansa to acquire up to 49.9% of state-owned TAP, with the deal valued at €1.201 billion.

19 sources · over 4 days
Documents Reveal Corporate Donors Behind Trump's $330 Million White House Ballroom
Business1d ago

Documents Reveal Corporate Donors Behind Trump's $330 Million White House Ballroom

New reporting identifies major corporate contributors to President Donald Trump's ballroom project, raising questions about transparency and donors with business before the federal government.

21 sources · over 2 days
India Approves ₹52,878 Crore Sale of IDBI Bank Stake to Fairfax
Business1d ago

India Approves ₹52,878 Crore Sale of IDBI Bank Stake to Fairfax

The deal ends a five-year sale process and gives the government fiscal relief, but falling shares and Fairfax's proposed business contributions put the next phase in focus.

16 sources · over 3 days
Anthropic Faces Valuation Scrutiny After Revenue Surge Ahead of Planned IPO
Business1d ago

Anthropic Faces Valuation Scrutiny After Revenue Surge Ahead of Planned IPO

Anthropic has shown prospective investors rapid sales growth and adjusted profitability, but slowing expansion and concerns about AI spending are complicating expectations for its planned stock market debut.

22 sources · over 4 days
ECB Clears UniCredit to Increase Commerzbank Stake and Take Control
Business1d ago

ECB Clears UniCredit to Increase Commerzbank Stake and Take Control

The approval removes a regulatory hurdle for the Italian lender to take control of its German rival, though reports differ on the permitted stake and timing.

14 sources · over 3 days
US Inflation Hits 3.7% as Energy Costs Rise Before Midterms
Business2d ago

US Inflation Hits 3.7% as Energy Costs Rise Before Midterms

September's jump in consumer prices is squeezing households ahead of the midterm elections, while fresh producer price data and market reaction put renewed pressure on the Federal Reserve.

41 sources · over 6 days
Bank of America profits fall after $1.2 billion Treasury penalty
Business2d ago

Bank of America profits fall after $1.2 billion Treasury penalty

The penalty over money laundering safeguards and sanctions violations has hit quarterly earnings, while weaker trading revenue added to pressure on Bank of America shares.

33 sources · over 2 days