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NEWS

Trump Imposes 25% Tariff on Select AI Chips to Push Domestic Production

By Axel Miller | 15 Jan 2026

Trump imposes a 25% tariff on select advanced computing chips under Section 232 to push U.S. semiconductor manufacturing, while allowing exemptions tied to domestic supply-chain buildout.

TSMC Posts Record Q4 Profit, Signals 2026 Capex Surge to Power AI Buildout

By Cygnus | 15 Jan 2026

TSMC reported record Q4 profit and raised 2026 capex guidance to $52–$56 billion as CEO C.C. Wei confirmed progress on Arizona fab expansion under its $165B U.S. plan.

Bank of America Profit Rises as Market Volatility Boosts Trading Revenue

By Cygnus | 14 Jan 2026

Bank of America posted a strong Q4 profit as market volatility lifted trading revenue. The bank also forecast 5%–7% growth in net interest income for 2026.

State Street to Acquire 23% Stake in Groww AMC for ₹580 Crore

By Axel Miller | 14 Jan 2026

State Street Global Advisors will acquire a 23% stake in Groww AMC for ₹580 crore through primary and secondary transactions, with voting rights capped at 4.99%.

Retail Investors Surge into Memory Chip Stocks as AI Demand Tightens Supply

By Cygnus | 14 Jan 2026

Retail investors are piling into memory and storage stocks as AI data centers tighten supply. SanDisk and Micron are in focus as the trade shifts beyond GPUs.

NLC India Seals ₹25,000 Crore Green Energy Pact with Gujarat; Board Clears NIRL IPO

By Axel Miller | 14 Jan 2026

NLC India signed a ₹25,000 crore renewable energy MoU with Gujarat and granted in-principle approval for an IPO of its green arm NIRL. The PSU also declared a ₹3.60 interim dividend.

Toyota Raises Bid for Toyota Industries to ¥18,800 After Investor Pushback

By Cygnus | 14 Jan 2026

Toyota has raised its bid for Toyota Industries to ¥18,800 per share after shareholder pushback. The takeover is a key test of Japan’s cross-shareholding and governance reforms.

AI-Driven Memory Crunch Raises Smartphone Cost Pressure; OPPO Bets on ‘Value-First’ Strategy

By Axel Miller | 14 Jan 2026

AI data centers are tightening global memory supply, raising cost pressure on smartphones in 2026. OPPO is responding with a value-first strategy focused on utility-driven AI features and service reach.

Swiggy, Zepto and Blinkit Drop “10-Minute” Delivery Branding After Government Safety Push

By Cygnus | 14 Jan 2026

Swiggy Instamart, Zepto and Blinkit are removing “10-minute” delivery branding after the government raised rider safety concerns, shifting marketing toward convenience and product range.

10.4 Crore Ujjwala Households Drive Record Rise in LPG Usage

By Axel Miller | 14 Jan 2026

PMUY households are driving record LPG usage as average annual consumption rises to 4.85 cylinders, Petroleum Minister Hardeep Singh Puri said. India has 10.41 crore Ujjwala connections.

India Becomes First Hub Outside the U.S. to Assemble Mercedes-Maybach GLS 600

By Cygnus | 14 Jan 2026

Mercedes-Benz India has begun local assembly of the Mercedes-Maybach GLS 600 at Chakan, cutting the SUV’s price by ₹42 lakh to ₹2.75 crore and boosting availability.

CLARITY Act Heads to Senate Markup as Stablecoin Rewards Compromise Tries to Calm Bank Deposit Fears

By Axel Miller | 14 Jan 2026

The Senate Banking Committee will mark up the CLARITY Act on Jan 15, 2026 as lawmakers strike a stablecoin rewards compromise and redefine SEC–CFTC oversight.