January 8, 2026
India regulator probes Bank of America over 2024 $180M block trade: report
India’s market regulator has accused Bank of America of improperly sharing material nonpublic information related to a major block trade in 2024 and of misleading investigators during a subsequent probe, reported Wall Street Journal, citing people familiar with the matter. The allegations stem from a yearlong investigation by the Securities and Exchange Board of India […]
January 8, 2026
Samsung expects record Q4 profit as AI-driven memory chip boom lifts earnings
Samsung Electronics expects record, above-consensus earnings for the final quarter of 2025, underscoring the scale of an artificial-intelligence-driven rebound in the global memory-chip market. The South Korean technology giant said demand linked to AI infrastructure has pushed chip prices sharply higher, restoring its semiconductor business as its main profit engine. In preliminary results released Thursday, […]
January 8, 2026
Morning brief: Asian markets jittery as oil steadies; Samsung flags record profits
Asian markets traded unevenly on Thursday as investors weighed geopolitical risks, mixed signals from the US labour market, and sharp moves in commodities, while corporate earnings optimism was led by Samsung Electronics, which expects record quarterly profits on the back of an AI-driven memory chip boom. The day’s developments also included escalating US actions on […]
January 8, 2026
Copper demand to surge 50% by 2040, driven by AI, defense, says S&P
Global copper demand is projected to increase by 50% by 2040, driven by growth in the artificial intelligence and defense sectors. However, according to the consultancy S&P Global, annual supplies are expected to face a shortfall of over 10 million metric tons unless recycling and mining efforts are increased. Copper’s enduring popularity stems from its […]
January 8, 2026
Germany industrial orders jump 5.6% in November on surge in large contracts
Germany’s industrial sector showed an unexpected burst of activity in November, offering a more nuanced picture of demand conditions in Europe’s largest economy. Fresh data released on Thursday pointed to a sharp monthly rise in orders, defying market expectations of a decline. The headline gain was shaped largely by large-scale contracts, while underlying demand improved […]
January 8, 2026
JPMorgan takes over Apple Card in major consumer finance deal
JPMorgan Chase has agreed to take over the Apple credit-card program from Goldman Sachs, marking a significant shift in the US consumer finance landscape and bringing an end to Goldman’s troubled foray into mass-market lending. Under the deal, JPMorgan will become the new issuer of the Apple Card, one of the largest co-branded credit-card programs […]
January 8, 2026
Tesco shares slide as like-for-like sales miss forecasts despite Christmas boost
Shares of Tesco fell more than 5% on Thursday after the UK’s largest supermarket reported like-for-like sales growth that came in below market expectations, overshadowing a solid performance over the crucial Christmas trading period. The retailer said the group’s like-for-like sales rose 3.1% in its third quarter, while sales over the Christmas period increased 2.4% […]
January 8, 2026
Applied Digital stock jumps as revenue triples on surging AI data center demand
Applied Digital stock rose by 7% in premarket trading on Wednesday after the data center operator reported second-quarter revenue that comfortably beat Wall Street expectations, underscoring strong demand for large-scale infrastructure tied to artificial intelligence workloads. The company said revenue more than tripled year on year in the quarter, while losses narrowed significantly, as it […]
January 8, 2026
US West Coast jet fuel premium hits two-year high on supply crunch
The difference in price (premium) for immediate delivery of US West Coast jet fuel sold to Asia has expanded to its largest margin in almost two years, according to LSEG data released on Thursday, and quoted in a Reuters report. The growing disparity in pricing can be attributed to two key factors affecting global jet […]
January 8, 2026
Nvidia’s China tightrope: H200 chips, geopolitics and a high-stakes AI gamble
The calendar may have turned, but for Nvidia, the familiar strains of geopolitics continue to loom large. As the world’s leading maker of artificial intelligence chips, the US company remains caught between Washington’s tightening grip on advanced semiconductor exports and Beijing’s determination to reduce reliance on foreign technology. In December, US President Donald Trump had […]
January 8, 2026
Iran regime said to unleash Hezbollah and Iraqi militias as uprising spreads
As anti-regime protests spread across Iran for a 12th straight day, the Islamic Republic has reportedly turned to foreign militias for support, with two independent sources confirming that roughly 850 Hezbollah, Iraqi militia and Quds Force–linked fighters crossed into Iran to bolster the regime’s security forces. The reported movement marks a significant escalation in the […]
January 8, 2026
Trump, first lady set for Washington Trump–Kennedy Center premiere of ‘MELANIA’ ahead of global release
President Donald Trump and the first lady will attend the premiere of Melania Trump’s film, ‘MELANIA’ at the Trump–Kennedy Center in Washington D.C., Jan. 29, Fox News Digital has learned. Washington is just one of the twenty cities across the nation hosting events ahead of the release of the highly anticipated movie. ‘MELANIA,’ a 104-minute […]