Chip giant ASML posts record orders and upbeat 2026 guidance as AI boom continues

ASML is experiencing several tailwinds including an expectation of increased chipmaking capacity and continued demand for AI semiconductors.
From high-end watches to passenger jets, these sectors are poised to be winners of the EU-India trade deal

India and the European Union sealed the “mother of all deals” this week that will lower many tariffs.
U.S. names HIV, arthritis drugs for next Medicare price talks

The U.S. government on Tuesday named the 15 new drugs targeted for Medicare price negotiations for 2028, including Gilead Sciences’ HIV drug Biktarvy and Pfizer’s arthritis treatment Xeljanz.
Mining stocks have been on a tear, with gold passing $5,000. Analysts are split on what’s next

Appetite for mining stocks has cooled over the past six months, according to a Citi note.
Airbus, AstraZeneca and HSBC executives join UK’s Starmer on high-stakes China trip

Executives from Airbus, AstraZeneca and HSBC are joining Prime Minister Keir Starmer on a rare China visit, highlighting the business focus of the trip amid strained global trade relations.
One year after DeepSeek, Chinese AI firms from Alibaba to Moonshot race to release new models

Chinese companies are releasing new AI models and striving to gain an edge in the AI application race as the country’s biggest holiday of the year nears.
Amazon inadvertently announces cloud unit layoffs in email to employees

Amazon sent a notice out to staffers in an apparent error acknowledging “organizational changes” at the company.
Asia markets open mostly higher after S&P 500 hits record, South Korea pushes fresh highs

Markets across Asia were poised to extend gains on Tuesday after a record close on Wall Street, with Australia’s inflation release in focus.
Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees

The 530A program, often called “Trump Accounts,” passed last year as part of the administration’s “big beautiful bill.”
Stocks making the biggest moves after hours: Texas Instruments, Seagate Technology, Qorvo and more

These are some of the stocks posting the largest moves in extended trading.