ASML, the leading chip machine manufacturer based in Veldhoven (Netherlands), has reported a dramatic increase in orders during the fourth quarter of last year, marking a commendable achievement despite global market challenges. The company’s orders surged to an impressive 7.1 billion euros, a substantial rise from the 2.6 billion euros in the third quarter and an increase from the nearly 5.6 billion euros recorded in the quarter before...

BMW and Tesla, prominent automotive manufacturers, have taken a firm stance against import duties imposed by the European Commission, according to a report by Reuters. Both companies have filed complaints with the European Court of Justice, aligning themselves with several Chinese car manufacturers who also oppose the Brussels-imposed tariffs. Last year, the European Commission decided to implement import duties on electric vehicles manufactured in China and sold within...

In a significant move that has garnered global attention, France has initiated a judicial investigation into Binance, recognized as the world’s largest cryptocurrency platform. The probe zeroes in on serious allegations, including money laundering and tax fraud, with an additional focus on money laundering linked to drug trafficking activities. This investigation emerged in response to complaints from users who reported substantial financial losses after engaging in investments facilitated...

Boeing has reported a staggering net loss of $11.8 billion (€11.2 billion) for the past fiscal year, marking its largest financial setback since 2020. The American aerospace giant last experienced profitability in 2018 and has since been grappling with significant challenges across both its commercial aviation and defense sectors. The company’s financial performance has been adversely affected by a protracted labor strike involving American factory workers, which significantly...

NVIDIA Corporation, a global leader in AI and chip technology, experienced a historic stock decline on Monday, marking its largest trading day loss. The unprecedented drop highlights vulnerabilities in the tech and chip sectors, especially amid the rapid AI market growth. DeepSeek, a groundbreaking Chinese chatbot, challenges established AI giants like NVIDIA, prompting investors to reconsider the competitive landscape. NVIDIA’s market capitalization plummeted by 17% in a day,...