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Panasonic Holdings said on Monday it plans to ‌start mass production of battery ‌cells for data centre applications at a plant ​in the U.S. state of Kansas in the financial year 2028, which ends March 2029. • Panasonic Energy also plans to build a third plant in Mexico with mass production scheduled for the fiscal year 2028. • Panasonic ‌Energy CEO Kazuo Tadanobu ​said the unit's 950 ​billion yen ​sales target for data centre-related ‌energy storage systems in ​the 2028 ​financial year was a "minimum commitment", adding that the business would aim to ​lift sales ‌to more than 1 trillion yen.

By Jihoon Lee and Yena Park SEOUL, June 8 (Reuters) - South Korea's stock benchmark plunged over 8% on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve

(Bloomberg) -- Japanese stocks fell by the most since March as AI shares retreated from their highs amid rising expectations that the Federal Reserve will keep rates higher for longer following strong US jobs data.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksKor

The Danish drugmaker said the pill hit one million prescriptions 12 weeks after reaching U.S. pharmacies and online providers, and reached a further two million prescriptions in the following 10 weeks.

Will the Federal Reserve act in the best interest of the American people?

(Bloomberg) -- Bitcoin steadied in Monday trading after dropping below $60,000 late last week as Strategy Inc. Chairman Michael Saylor hinted at further purchases.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksKorean Stocks Tumble as Unwinding AI Trades Threaten B

By Ben Blanchard, Max A.

Nvidia is teaming up with leading South Korean technology companies to build large-scale artificial-intelligence infrastructure in Asia, seeking to solidify its data-center footprint and expand its AI ecosystem.

As we’ve been predicting in recent months, labor market conditions are improving, while inflationary pressures remain elevated. We expect the Federal Reserve will shift to a tightening bias at the June meeting and will probably hike the federal funds rate in July if current trends persist, notes Ed Yardeni, editor of Yardeni QuickTakes.

June 8 (Reuters) - Goldman Sachs expects the U.S.

By Gregor Stuart Hunter and Ankur Banerjee SINGAPORE, June 8 (Reuters) - Sam Konrad's stocks are having a fantastic year, thanks to AI-fueled rallies in Taiwan and South Korea, but his fund is so top

Asian stocks dropped Monday as AI-related shares sold off after a blistering rally, led by losses in Korean chipmakers SK Hynix and Samsung. Joe Weisenthal and Tracy Alloway from Bloomberg's Odd Lots podcast join Yvonne Man and Stephen Engle on The China Show.

After a dry spell amid high interest rates and inflation uncertainty Q1 saw 35 IPOs raise $9.9 billion, according to Renaissance Capital.

The head of United Airlines has sharply criticised Rolls-Royce, describing the British aero-engineer as being “in the doghouse” over a dispute...

Cryptocurrency exchange Bybit announced on Saturday that it will enable investors to participate in the tokenized initial public offering linked to Elon Musk’s aerospace giant, SpaceX. Use USDC To Buy SpaceX The offering will be via Bybit IPO Express, a platform that lets users submit a subscription request for a tokenized representation of an IPO. Eligible users can sign up for the SpaceX IPO offering and submit subscription requests using supported cryptocurrencies, including USDC (CRYPTO: USD

For most of its time in the public markets, Reddit (RDDT) has been a story of artificial intelligence data. That story still holds. The company’s user-generated discussions have grown increasingly useful for AI developers seeking real-world conversations, queries, and opinions. But there's a second ...

(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang called a global tech stocks selloff that began last week a buying opportunity, saying the buildout of artificial intelligence has just begun. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksKorean Sto

Global shares sank on Monday after Wall Street ended last week with its worst day since October, while oil prices jumped more than $4 as fighting flared between Israel and Iran. South Korea's Kospi led the global retreat, plunging 8.3% on heavy selling of technology shares and extending losses that on Friday gave the S&P 500 its biggest single day drop in months. The future for the S&P 500 was up 0.2%, while that for the Dow Jones Industrial Average lost 0.3%.

Pledges to quickly deploy technology and ties cultivated with the Pentagon have helped land new contracts totaling billions of dollars.

The goal of our Best Companies for the Future list is to find companies that meet this unprecedented historical moment

This new ranking also showcases tech giants Alphabet, Microsoft, Meta and Cisco, propelled by high scores for innovation, financial strength and AI readiness

Nvidia on Monday announced deals with South Korea's SK Hynix, Naver and Doosan Group to build ‌AI data centres and use the U.S. chip firm's technology, as it ‌looks to continue driving the AI boom. The agreements come during a high-profile trip by Nvidia CEO ​Jensen Huang to South Korea that began on Friday and has seen him have fried chicken with the country's top corporate bosses, throw a baseball pitch and meet with a well-known gamer so far. Nvidia and its partners did not disclose ‌the value of the deals.

Nvidia ‌said on ‌Monday that South ​Korean internet conglomerate Naver would use its ‌technology ⁠to build AI factories ⁠at gigawatt scale to ​meet ​rising ​global demand ‌for AI services and physical AI. The project is aimed at ‌serving ​growing ​global ​demand for ‌AI services and ​physical ​AI applications, Nvidia said. (Reporting ​by ‌Heekyong Yang; ​Editing by Jamie ​Freed)

Over the past three decades, Lululemon has gone from a niche yoga-pants label to a mall anchor. For most of that run, U.S. sales drove the story. That's no longer the case. The brand that built its name on American fitness studios and suburban storefronts is now leaning hard on a market half a ...

Three trading days earlier, Marvell Technology (MRVL) had the market in awe. Nvidia chief executive Jensen Huang had stood on a stage in Taipei and called the chip designer “the next trillion-dollar company.” Traders responded by handing the stock its biggest one-day gain ever. By Thursday’s close, ...

Asking for a Trend Host Josh Lipton previews several of the biggest stories to come throughout next week, including SpaceX's (SPAX.PVT) long-awaited mega-IPO, earnings from Adobe (ADBE) and Oracle (ORCL), and the latest inflation data in the form of May's Consumer Price Index (CPI) report.

Tensions in the Gulf had already been escalating as the U.S. and Iran increasingly exchange fire, with both sides trying to establish their own shipping lanes in the Strait of Hormuz.

More than three decades after the original "Toy Story" debuted in 1995, Disney is preparing to release "Toy Story 5" exclusively in theaters on June 19, 2026. The film arrives seven years after "Toy Story 4" and at a pivotal moment for the movie industry, as studios continue searching for ways to ...

Wall Street spent the bulk of 2026 figuring out whether the stock market has come too far, too fast. However, according to TheFly, Citi analysts are looking past the immediate damage as they revamp their S&P 500 target. They make the case that something far more durable may be taking shape, ...

Investors are likely to confront challenges from the latest inflation reading and the SpaceX IPO in the days ahead.