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Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.Volodymyr Zelenskyy was facing a deepening crisis over military leadership on Monday after a popular former defence minister whom he had sacked turned down an offer to return to government, intensifying a stand-off with protesters. The Ukrainian president proposed over the weekend to bring back Mykhailo Fedorov with an expanded mandate, according to people familiar with the matter, days after Fedorov’s removal sparked an uproar. A senior Ukrainian official and two other people familiar said that Fedorov wanted only to return…
Last week’s rout in chip stocks is producing some cautious optimism on Wall Street that now could be a good time to reenter the sector. The VanEck Semiconductor ETF (SMH) dropped 8.9% last week, its biggest weekly tumble since April 2025 when it fell 15%. The Philadelphia SE Semiconductor Index (SOX) fell nearly 10%. Despite concerns about new frontier models forcing some consolidation at the application level, analysts see fundamentals at the hardware and infrastructure levels as essentially intact, with plenty of runway in capital expenditures and little near-term relief for the memory chip bottleneck. “We believe there is a…
Why is YETI stock surging today? Source link
Burnham said his generation of politicians will need to “raise our game” and rise to the challenges in front of them. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The European Commission has fined Chinese online marketplace AliExpress €550mn for failing to do enough to prevent the sale of illegal products on its platform, the largest penalty yet under the bloc’s Digital Services Act.Brussels on Monday said the shopping platform owned by Chinese tech group Alibaba had failed to do enough to reduce the risk of it being used to sell illicit products in the EU. Under the DSA, large online platforms must assess and address such risks.“The spread of counterfeit…
Here are the biggest calls on Wall Street on Monday: Morgan Stanley reiterates Nvidia and Broadcom as overweight The firm said it’s sticking with both stocks. “This remains an unusual memory cycle, as data center strength is the only cause – which means that as we saw in April there are mixed signals elsewhere that may be a false flag. Memory isn’t the best risk reward in our coverage – which we think is NVDA/ AVGO – but it’s catching up fast.” Goldman Sachs initiates Versigent as buy Goldman said the electrification company has plenty of upside. “We are initiating…
Airline executives caution planemakers not to rush release of next generation of aircraft Source link
There are a lot of AI coding applications out there, and as impressive as large language models and the agents they enable have become, many of the most recent developments in AI-assisted development have been in the software that manages those models, not just the models themselves. Earlier this summer, I spoke with the head of product for Claude Code, Anthropic’s Cat Wu, about that company’s approach to building that software.Read full article Comments Source link
Sir Keir Starmer has delivered his final address as prime minister on Monday as Andy Burnham takes the country’s top job.In front of an applauding crowd, Starmer said “my work is done” and wished Burnham well.After repeated assurances he would hold on to the post, Starmer announced he would step down on 22 June – four days after Burnham won a Westminster seat.Andy Burnham follows Keir Starmer, Rishi Sunak and Liz Truss.Follow the story live. Source link
U.S. Secretary of Commerce Howard Lutnick looks on as U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., June 11, 2026. Daniel Heuer | ReutersAbout half of Americans believe it isn’t appropriate for the U.S. government to take ownership in U.S.-based companies, CNBC’s new All-America Economic Survey found.The finding comes as the Trump administration has negotiated 30 deals worth nearly $27 billion in total, according to the Council on Foreign Relations, a nonpartisan think tank. More may be coming. The administration has held talks with influential artificial intelligence start-up OpenAI about a…