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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sweden’s central bank cut interest rates for the first time in eight years as European monetary policymakers diverge from the US to support their economies even if it comes at the expense of their currencies.
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel has carried out night air strikes on Rafah and said a ceasefire proposal accepted by Hamas fell “far from Israel’s necessary requirement”, as international mediators and officials struggled to continue talks to halt fighting
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Data analytics group Palantir lifted its full-year outlook after a forecast-beating first quarter, although not by as much as Wall Street expected. The company forecast full-year revenue between $2.68bn and $2.69bn, which was slightly higher than its previous estimate, but below consensus expectations for $2.71bn, according to a LSEG poll. Its projection for revenue of
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Server maker Super Micro Computer lifted its fully year sales outlook, signalling growing demand for AI chips. The company, which works closely with Nvidia, now expects $14.7bn to to $15.1bn in sales for its fiscal year that will end in June, better than the $14.6bn analysts expect. Revenues rose 200 per cent from a year
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives and fired hundreds more staff as the electric-car maker continues its restructuring amid a sharp downturn in the EV
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk met senior Chinese trade officials in Beijing on Sunday as the Tesla chief faces questions over slowing sales growth for his electric vehicles and data security concerns in the world’s biggest car market.
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Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. A rally in Chinese government debt has sparked alarm among regulators in Beijing, who warn that regional banks’ appetite for the bonds risks a crisis similar to the collapse of Silicon Valley Bank last year.
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Topsy-turvy US economic data released this week left markets in a pickle, but still just outside the danger zone.  Official figures revealed on Thursday that the US economy was not necessarily streaking ahead of the
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