Qualcomm’s Q4 FY26 results show its smartphone chip business in sharp decline, with handset revenue falling 26% to $5.14 billion and missing StreetAccount estimates. Adjusted earnings dropped 28%, chip margins shrank to 24%, and the company is now raising Snapdragon chip prices across its products. A weak forecast and a flat smartphone outlook for 2027
Housing Trust Silicon Valley has unveiled an ambitious 10-year initiative aimed at improving affordable housing in the Bay Area. With a generous $30 million backing from MacKenzie Scott, this plan seeks to bolster homeownership initiatives and forge stronger alliances with policy advocacy. The focus is on maximizing current funding and attracting new resources to create
The outcome of the 2026 midterm elections could significantly boost India’s leverage in trade negotiations with the US. With Democrats gaining power, Trump’s capacity to enforce harsh tariffs is constrained, alleviating pressure on India. This shift allows India to pursue trade agreements more strategically and carefully, potentially resulting in better deals. Furthermore, new legal constraints
Sheikh Hasina has confirmed her intention to return to Bangladesh, despite facing a death sentence. The former Prime Minister is aware of the risks associated with her return, including potential arrest or worse. Hasina’s Awami League party has been banned, resulting in widespread political repression and violence against its members. She expressed concerns over the
Michael Mai and his sister, Mai Huixia, reached billionaire status following the public debut of Crown New Materials Technology on the Shenzhen Stock Exchange, where shares surged nearly eightfold in just one day. This company, known for producing adhesives for major clients like Tesla and Apple, prompted a call for rational investment behavior amidst recent
As Democrats gain control of both chambers of Congress, they are poised to scrutinize immigration policies more closely. However, the enduring executive powers from the Trump era pose challenges for immediate reforms. Policy shifts will likely be dictated by court decisions instead of congressional mandates due to the presidential veto power.
A New York woman who accused co-op employees of entering her apartment without permission, removing her dog and cat, and concealing her dog’s whereabouts can continue pursuing two legal claims. Nearly three years after the incident, an appeals court allowed her trespass and emotional distress claims to proceed. Court records indicated that her dog was
