After months of tense negotiations, Volkswagen's Chattanooga workforce has reached a tentative agreement with the UAW, securing substantial pay raises, improved benefits, and enhanced job protections, marking a major victory for the union's southern organizing push.
The United Auto Workers union announced a tentative agreement with Volkswagen at its Chattanooga, Tennessee assembly plant late Wednesday, marking a significant step in the union's campaign to organize auto factories in the traditionally union-resistant Southern United States.
Nokia's shares have delivered strong returns over one, three, and five-year horizons. As the stock hovers around €5.76, investors are questioning whether the rally has run its course or if there's more room to grow. A deep dive into valuation metrics reveals a mixed picture.
Ciena (CIEN) is drawing renewed investor scrutiny following significant contract wins with Telekom Srbija and Trans Pacific Networks, coupled with anticipated showcases at the upcoming Mobile World Congress. This comes as the stock rides a wave of strong momentum, raising critical questions about whether its current price fully reflects future growth prospects in the high-capacity networking arena.
CNBC's Jim Cramer offered a tempered critique of Microsoft following its latest earnings call, labeling it the 'least magnificent' of the tech titans. While expressing a degree of sympathy for the company, his comments underscore broader investor scrutiny over its growth narrative amid complex quarterly results.
Despite a deeper-than-expected cryptocurrency selloff, Fundstrat's Tom Lee argues key technical and fundamental signals suggest a market bottom is near for Bitcoin and Ethereum, citing price alignment and improving on-chain activity.
At its recent AI Summit, Cisco Systems unveiled a multi-pronged strategy to cement its role in enterprise AI infrastructure, deepening its alliance with Nvidia and launching a new partner program. In a significant move for its European operations, the company also secured a 15-year renewable energy agreement to power its Polish data centers, directly linking its AI growth to sustainable power sourcing.
Sales of Nvidia's advanced H200 AI chips to Chinese customers remain stalled nearly two months after export approval, caught in a prolonged U.S. interagency security review amid concerns over technology diversion, according to a Financial Times report.
A major investment from a UAE royal-backed firm into a Trump-linked company, signed days before the 2025 inauguration, preceded a landmark U.S. agreement to supply Abu Dhabi with advanced AI chips. The deal has drawn scrutiny from legal experts over potential conflicts of interest.
In a candid discussion, Intel board member and executive Lip-Bu Tan detailed the dual challenge of reviving the chipmaker's product roadmap while building a competitive foundry business from the ground up, highlighting progress on the 18A node and a 'laser-focus' on 14A.
A Delta Air Lines flight from New York to Tel Aviv was forced to make an unscheduled landing in Dublin after declaring a general emergency over the Irish Sea. The Airbus A330-900 performed a 'heavyweight landing' due to its full fuel tanks, adding complexity to the incident.
Mizuho Securities lowered its price target for Qualcomm, citing a weaker outlook for global smartphone shipments and increased competition. The firm projects a potential decline in handset production and pressures from rising memory costs.
A Wall Street Journal report reveals a major investment by UAE's Sheikh Tahnoon bin Zayed Al Nahyan in a Trump-linked cryptocurrency company days before the 2024 inauguration, followed by a reversal of U.S. policy on advanced AI chip exports to the UAE.
Fundstrat's Tom Lee suggests the brutal crypto sell-off may be nearing its end, even as his firm Bitmine faces staggering paper losses on its massive Ethereum bet. The call comes amid a wider debate on the health of digital asset treasuries.
Podcaster Joe Rogan and Senator Bernie Sanders dissect the stark decline of Detroit's auto industry on a recent episode, highlighting abandoned factories, job offshoring, and a city where homes can sell for pennies. The conversation underscores the human cost of deindustrialization and the fierce global competition now facing American automakers.
The Hotchkis & Wiley Global Value Fund credited Ericsson (ERIC) as a key driver of its fourth-quarter returns, as the telecom equipment maker's shares surged. The fund's latest investor letter details how strategic stock picks, particularly in non-U.S. markets, fueled its outperformance against a global benchmark.
