economy

The Iran War Poses Risks to the U.K.'s Economic Growth Amid Rising Energy Prices

08/13/2026, 05:38 AM economy forecast Analysts: Deutsche Bank finance

The U.K. economy is experiencing a rebound with a 0.4% growth in the second quarter, but ongoing geopolitical tensions and high energy prices pose significant risks to its future growth prospects.

SK Hynix Invests $720 Billion in AI-Driven Memory Factory Expansion in South Korea

08/13/2026, 02:36 AM economy expansion ai semiconductors

SK Hynix is investing $720 billion to create the world's largest network of memory factories, driven by surging demand for high-bandwidth memory from the AI sector. This ambitious expansion reflects a significant shift in the memory chip industry, which is increasingly influenced by AI technology and its associated supply chain dynamics.

South Korea’s Kospi Index Enters Bull Market Amid Semiconductor Recovery

08/12/2026, 09:36 PM economy review finance semiconductors

The South Korean Kospi index has rebounded into bull-market territory, driven by renewed investor interest in semiconductor stocks, raising questions about the sustainability of this rally amid ongoing volatility in tech markets.

South Korean Stocks Enter Bull Market as AI Trade Revives

08/12/2026, 06:36 PM economy stock_growth ai finance

The South Korean stock market has entered a technical bull market, driven by a resurgence in technology stocks, particularly in the memory chip sector, as investor confidence grows following a significant sell-off last month.

Jim Cramer Highlights Resurgence of AI Data Center Stocks Led by Nvidia, Intel, and Super Micro Computer

08/12/2026, 03:35 PM economy review ai software Lumentum Holdings Nvidia Nebius Super Micro Computer CoreWeave Intel

Jim Cramer highlights a resurgence in AI data center stocks, driven by strong demand and positive earnings reports, suggesting a recovery in this sector after a period of decline.

Cisco (CSCO) Shares Decline Despite Strong Earnings and Revenue Forecast

08/12/2026, 02:36 PM economy stock_drop ai software Cisco

Cisco's shares fell in after-hours trading despite reporting stronger-than-expected earnings and revenue, highlighting a disconnect between positive financial results and market sentiment.

Cerebras Systems (CS) stock drops 14% despite raising full-year revenue guidance in second earnings report post-IPO

08/12/2026, 01:37 PM economy stock_drop semiconductors ai

Cerebras Systems raised its full-year revenue guidance despite reporting a significant net loss, leading to a 14% drop in its stock price after the earnings announcement. This reflects investor concerns despite strong demand for its AI chips.

U.S. Budget Deficit Reaches Highest Level Since March 2021, Surging to $432.3 Billion in July

08/12/2026, 11:36 AM economy decline

The U.S. budget deficit reached its highest monthly level in over five years, driven by rising Medicare costs and interest on federal debt, which raises concerns about the nation's fiscal health and potential implications for future economic policy.

Lettuce Prices Plunge 16.4% in July Amid Cyclospora Outbreak Concerns

08/12/2026, 11:36 AM economy decline consumer

Lettuce prices experienced a historic drop of 16.4% in July due to a cyclospora outbreak that deterred consumers from purchasing the vegetable. This decline, while significant, follows a period of high prices and reflects ongoing concerns about food safety.

Stocks Rise on Positive Inflation Data and Strong Earnings from Neocloud Companies

08/12/2026, 10:37 AM economy review ai software Nebius CoreWeave Home Depot

Wednesday's inflation report showed easing consumer prices, which positively influenced stock markets and reduced the likelihood of an interest rate hike by the Federal Reserve. Additionally, strong earnings from AI cloud companies boosted investor sentiment.