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European companies double down on China manufacturing despite EU de-risking push

Low manufacturing costs in China are keeping many European businesses' supply chains in the country despite pressure in the EU to reduce overseas reliance. from Finance https://ift.tt/WYo9faw via IFTTT

Stocks making the biggest moves after hours: Zscaler, Insulet, Box and more

See which stocks are posting big moves after the bell. from Finance https://ift.tt/pSrg3wN via IFTTT

Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs

Prolonged closure of Strait of Hormuz could send crude oil prices to new highs this summer. from Finance https://ift.tt/RGHKjPA via IFTTT

Pope Leo is concerned about AI replacing human work. Traders share his concern long term

The leader of the Catholic Church warned about artificial intelligence upending the labor market. Traders on Kalshi see unemployment jumping before 2030. from Finance https://ift.tt/Dvs927C via IFTTT

Stocks making the biggest moves premarket: Ferrari, Lear, Intuitive Machines, Micron Technology and more

These are some of the stocks posting the largest moves in early trading. from Finance https://ift.tt/oimf1Kw via IFTTT

Huawei plans new smartphone chips this fall as rivalry with Nvidia and Apple heats up

Chinese telecom giant Huawei announced Monday a new way of designing chips that improves their capabilities, despite U.S. restrictions on the company. from Finance https://ift.tt/our5POV via IFTTT