Data from both sides of the Atlantic painted a mixed picture yesterday. In Europe, July PMIs indicated slower expansion—or faster contraction in some regions—while in the US, the services sector slowed to near 50-mark, the threshold between expansion and contraction. New orders fell, employment softened, and, more worryingly, price pressures accelerated. That’s the last thing […]
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OpenAI is reportedly exploring a push into AI-focused smartphones, working with Qualcomm (QCOM) and MediaTek to develop custom processors for a new type of “AI agent” device. For Qualcomm, this introduces a new layer to Read more…
As a real estate reporter, I remember when homes were flying off the market in 2021 and 2022. Where I lived, near Seattle, homebuyers were lucky if a house listing stayed up for a week. Read more…
Adobe has had a brutal year. The stock is down roughly 31% year to date, trading near $245 and sitting much closer to its 52-week low than its 52-week high. Now one of its last Read more…