Pfizer Strengthens Outlook as Cost Discipline and Drug Portfolio Revive Investor Confidence

Pfizer has lifted its 2025 profit forecast for the second consecutive quarter, signaling renewed financial stability and strategic resilience after a turbulent period marked by waning pandemic-era sales. The upward revision underscores how the U.S. pharmaceutical giant is navigating its post-COVID transition through disciplined cost management, robust performance of key therapies, and targeted product launches…

China’s Factory Sector Slips Further as October PMI Hits Six-Month Low Amid External and Domestic Headwinds

China’s manufacturing sector sank deeper in October, with the official Purchasing Managers’ Index (PMI) falling to 49.0—its weakest reading in six months and below economists’ expectations. The downturn continues a contractionary streak that now stretches into its seventh consecutive month, highlighting how external shocks, weak domestic demand and structural challenges are converging to test the…

Samsung Embarks on AI-Powered ‘Megafactory’ with Over 50,000 Nvidia GPUs to Automate Chip Production

In a bold move aimed at transforming its manufacturing landscape, Samsung Electronics has announced plans to build an “AI Megafactory” powered by more than 50,000 advanced GPUs supplied by Nvidia Corporation. The facility is designed to embed artificial intelligence across Samsung’s semiconductor-, mobile-device and robotics-manufacturing operations, signalling one of the most aggressive industrial AI deployments…

Nvidia Deepens Strategic Foothold in Asia as South Korea Becomes Anchor Hub for Next-Generation AI Infrastructure

Leading chipmaker Nvidia has struck a major agreement to supply more than 260,000 of its cutting-edge Blackwell-architecture AI chips to South Korea, representing one of the most substantial single-market deployments of its latest technology to date. The deal involves both the Korean government and some of the country’s largest corporations—including Samsung Electronics, SK Group and…

Eli Lilly’s Forecast Surge Highlights Global Obsession and Controversy Over Weight-Loss Drugs

Eli Lilly has raised its full-year revenue and profit forecasts after booming sales of its weight-loss and diabetes medications, Zepbound and Mounjaro, propelled earnings beyond expectations. The company’s shares jumped sharply in premarket trading, reflecting growing investor confidence in the power of a new class of metabolic treatments that have rapidly transformed the healthcare landscape.…

Record Memory Boom Pushes Samsung to Redefine Its Chip Strategy Amid Global AI-Driven Semiconductor Shift

Samsung Electronics has announced a major intensification of its output of advanced chips following a record-high performance in its memory business. The company recorded a memory-chip revenue of approximately 26.7 trillion won in the most recent quarter, up from 22.3 trillion won a year earlier and driving an 80 per cent jump in operating profit…

Volkswagen’s €5 B Tariff Hit and Porsche Turmoil Expose Auto Industry’s Transatlantic Trade Strain

European automobile giant Volkswagen Group has reported an operating loss of €1.3 billion in the third quarter, after booking writedowns of €4.7 billion linked to its troubled luxury arm Porsche AG and warning that U.S. import tariffs could cost up to €5 billion this year. The convergence of heavy tariff burdens and shifting internal strategy…

OpenAI’s Radical Rebuild: How Sam Altman’s Trillion-Dollar AI Vision Signals a New Phase of Industrial-Scale Intelligence

When Sam Altman launched ChatGPT in late 2022, it was seen as a technological marvel that could converse, reason, and create in ways few expected from artificial intelligence. But for Altman, that release was never the end goal—it was only the beginning of something far larger. Today, his vision has shifted decisively from building models…

Inflation Fatigue Forces Kraft Heinz to Rethink Growth Model as Consumers Abandon Premium Brands

Kraft Heinz has become the latest symbol of a shifting consumer economy, where inflation and value consciousness are redrawing the boundaries of brand loyalty. The packaged food giant has sharply cut its annual sales and profit forecasts, citing stubborn weakness in global demand and a prolonged retreat from premium branded goods. Beneath the surface, the…