Trump to Netanyahu: ‘You’re the Man I Want By My Side’

Ericsson Tumbles On Margin Headwinds Sparked By Memory Chip Inflation Ericsson shares in Stockholm plunged the most in 18 months after the Swedish telecom equipment giant warned that soaring component costs will pressure margins in its core networks business this quarter. The stock fell as much as 10% in Stockholm after outgoing CEO Börje Ekholm warned about higher input costs, partly driven by AI-fueled demand for memory chips. Citi analysts said the top concern is the margin impact extending into 2027. "The big challenge in our view is the building component...

Pentagon Informs Allies Prepare For "Protracted" War In Ukraine The full-scale war in Ukraine lately blew past four years and six months since February 24, 2022, and has also long been a proxy conflict, pitting the US and NATO against Russia. Beyond this, there's been what can be described as a raging 'dirty war' stretching back over 12 years since at least February 2014. Lest anyone think this is an exaggeration, or that it's not actually a deep proxy and covert shadow war as well, it is worth revisiting our prior widely...

SK Hynix's US Offering Reportedly Seven Times Oversubscribed The KOSPI struggled for direction overnight, erasing most of an opening rally that briefly pushed the South Korean main equity index up as much as 4.1%. The real strength was in memory stocks, with SK Hynix surging as much as 10% as investors piled back in. This move comes as Bloomberg reports the company's US ADR listing is more than seven times oversubscribed, underscoring strong institutional demand. The report said SK Hynix is selling 177.9 million American depositary receipts, with each ADR...