Micron invests US$24 billion on new Singapore manufacturing facility The US memory chipmaker's decade-long investment underscores the severity of a supply crunch that analysts predict will persist through late 2027. US memory chipmaker Micron Technology is doubling down on Singapore with a US$24 billion manufacturing facility, marking one of the largest semiconductor investments in the region as t...
Micron invests US$24 billion on new Singapore manufacturing facility The US memory chipmaker's decade-long investment underscores the severity of a supply crunch that analysts predict will persist through late 2027. US memory chipmaker Micron Technology is doubling down on Singapore with a US$24 billion manufacturing facility, marking one of the largest semiconductor investments in the region as the industry grapples with an unprecedented shortage of memory chips driven by explosive AI demand. The new advanced wafer fabrication plant, which Micron announced on Tuesday, will take shape over the next decade and begin production in the second half of 2028. The facility will sprawl across 700,000 square feet of cleanroom space dedicated to producing NAND flash memory chips—the storage technology increasingly critical to AI applications and data centers. The investment comes as tech giants and cloud service providers find themselves locked in a fierce scramble for memory chips of all types. From consumer electronics manufacturers to AI infrastructure providers, the supply crunch has created bottlenecks across the technology sector, with no immediate relief in sight. “Micron’s leadership in advanced memory and storage is enabling the AI-driven transformation reshaping the global economy,” said Manish Bhatia, executive vice president of global operations at Micron Technology. “We are grateful for the longstanding support and successful partnership with the Singapore government, including EDB and JTC. This investment underscores Micron’s long-term commitment to Singapore as an important hub in our global manufacturing network, enhancing supply chain resiliency and fostering a vibrant ecosystem for innovation,” he added. Singapore has emerged as Micron's primary manufacturing hub, with the company producing 98% of its flash memory chips in the city-state. The latest announcement builds on an existing US$7 billion investment in an advanced packaging facility for high-bandwidt...
Ford Maverick LOBO pickup display at a dealership. Ford offers the Maverick with a 2.0L 4-Cylinder EcoBoost engine. MY:2025 jetcityimage/iStock Editorial via Getty Images Ford Motor Co. ( F ) absorbed a blow to its balance sheet on Dec. 15 with the massive restructuring charge of $19.5 billion, which coincided with the decision to scrap its slow-selling F-150 Lightning battery-electric pickup and ...
Ford Maverick LOBO pickup display at a dealership. Ford offers the Maverick with a 2.0L 4-Cylinder EcoBoost engine. MY:2025 jetcityimage/iStock Editorial via Getty Images Ford Motor Co. ( F ) absorbed a blow to its balance sheet on Dec. 15 with the massive restructuring charge of $19.5 billion, which coincided with the decision to scrap its slow-selling F-150 Lightning battery-electric pickup and substantially de-emphasize battery electric vehicles (BEVs) for the near future. Ford may be a bit wobbly from its BEV misadventures, but the No. 2 U.S. automaker after General Motors Co. ( GM ) still has fight left. The automaker has a strategy to repurpose its battery assets. More about that shortly. Ford also hasn’t lost its grasp of the U.S. vehicle market or what makes it tick, evidenced by a niche it's pioneering and now dominates: Compact pickup trucks. Maverick was introduced in the fall of 2021, making it the smallest in a pickup truck lineup by Ford’s F150 full-size (and larger Super Duty versions), followed by the midsize Ranger pickup. The introduction was a gamble that some car buyers would choose the usability and fuel efficiency of small pickups while disfavoring the rougher ride and handling characteristics similar to larger models. 2026 Ford Maverick compact pickup (Ford Motor) As of the end of 2025, the bet appears to have paid off: Maverick sales have more than doubled from its first year of production to finish the latest annual year with sales of 155,000 units. Journalists awarded the model “Truck of the Year” at the Detroit Auto Show earlier this month. Meanwhile, Maverick now outsells Ranger and has only one other competitor in its class, Hyundai Santa Cruz, which sold about 25,500 in 2025. More Car Than Truck One key to Maverick’s success is that it’s actually, in one important sense, a four-passenger car with a bed attached, rather than a true pickup . The larger F150 and Ranger are built with body-on-frame architectures, giving them more hauling an...
Jan. 27, 2026, 6:25 p.m. ET The United Parcel Service, one of America's largest shipping and logistics companies, announced plans this week to cut 30,000 jobs in the coming year. In a company earnings call on Jan. 27, UPS CFO Brian Dykes cited poor fourth-quarter performance, attributed partially to decreased package volume from Amazon and the deadly crash of UPS Flight 2976 in Louisville on Nov. ...
Jan. 27, 2026, 6:25 p.m. ET The United Parcel Service, one of America's largest shipping and logistics companies, announced plans this week to cut 30,000 jobs in the coming year. In a company earnings call on Jan. 27, UPS CFO Brian Dykes cited poor fourth-quarter performance, attributed partially to decreased package volume from Amazon and the deadly crash of UPS Flight 2976 in Louisville on Nov. 4. Last year, UPS accelerated its mission of limiting its relationship with Amazon, aiming to cut the volume of packages it handles from the retailer by 50% by the second half of 2026. The company saw the average daily volume of packages it handles plummet by 2 million pieces, Dykes said in the call, largely due to this Amazon action. "We plan to reduce total operational hours by approximately 25 million hours," said Dykes of the year ahead. "...we expect to reduce operational positions by up to 30,000." UPS has likewise slated 24 buildings for closure in the first half of the year, with more expected to shutter later in 2026, he said. Through these efforts, paired with an increase in automation, the company hopes to reduce 2026 spending by about $3 billion. Do you work for a great organization? Nominate it as one of America's Top Workplaces "We expect to offer a second voluntary separation program for full-time drivers," added Dykes. In 2025, UPS cut 48,000 jobs and offered a buyout to full-time drivers for the first time in company history in an attempt to create meaningful cost savings. Tuesday's announcement marks the third consecutive year of UPS workforce reduction. The last quarter saw UPS bring in a consolidated revenue of $24.5 billion, a decrease of 3.2% compared to the same quarter of 2024, according to the Jan. 27 report. When comparing the full year 2025 to 2024, UPS saw a decrease in total revenue of $2.4 billion. USA TODAY reached out to UPS for comment. Contributing: Olivia Evans, Louisville Courier Journal
Key Points Surging growth in prediction markets will likely benefit Robinhood, which has integrated them into its platform. Prediction markets fit nicely into Robinhood's business model, too. Such easy access to speculative behavior could put some investors off from moving capital to Robinhood. 10 stocks we like better than Robinhood Markets › Gone are the days when you would need to visit a casin...
Key Points Surging growth in prediction markets will likely benefit Robinhood, which has integrated them into its platform. Prediction markets fit nicely into Robinhood's business model, too. Such easy access to speculative behavior could put some investors off from moving capital to Robinhood. 10 stocks we like better than Robinhood Markets › Gone are the days when you would need to visit a casino to gamble. Now you can do it right on your smartphone or computer, 24 hours a day. Prediction markets have exploded. Similar to futures trading, participants can buy contracts, essentially betting on future outcomes across sports and politics, and almost anything else. It's still early, too. Industry experts believe that prediction markets could surpass $1 trillion in annual trading volume by 2030. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Robinhood Markets (NASDAQ: HOOD) has wasted little time jumping into the mix, integrating prediction markets directly into its brokerage platform. It's a bold decision that could affect the fintech giant's long-term trajectory. Leaning into Robinhood's core business Investing platforms have changed dramatically over the past decade, and Robinhood deserves much of the credit. The company was at the forefront of zero-commission stock trades and has become very popular with individual investors, especially younger generations. That, along with Robinhood's rapid rollout of new products, like Gold membership, a credit card, retirement accounts, and banking, has fueled its growth and the stock's strong performance over the past year. That said, the company still makes most of its money from fees and interest on trading and margin borrowing. In other words, Robinhood's business thrives on speculative investor behavior. Prediction markets feed into that. Since many investors already trade stocks, options, and cryptocur...
Palantir may be a good pick for investors who can handle significant share price volatility. Palantir Technologies (PLTR 1.07%) is set to report its fourth-quarter fiscal 2025 earnings results on Feb. 2. Once known primarily as a data analytics player focused on the government and defense sector, the company is now increasingly viewed as a mission-critical enterprise artificial intelligence (AI) p...
Palantir may be a good pick for investors who can handle significant share price volatility. Palantir Technologies (PLTR 1.07%) is set to report its fourth-quarter fiscal 2025 earnings results on Feb. 2. Once known primarily as a data analytics player focused on the government and defense sector, the company is now increasingly viewed as a mission-critical enterprise artificial intelligence (AI) platform with accelerating momentum across both government and commercial clients. But does that shift in narrative make the stock a buy now? Let's find out. AIP catalyst Palantir's Artificial Intelligence Platform (AIP) and its highly effective go-to-market strategy are proving to be the most important growth engines. In the third quarter, U.S. commercial revenues increased 121% year over year to $397 million. This was driven by the rapid adoption of AIP by both existing and new customers, not only for isolated use cases but also for C-suite-led enterprise-wide transformations. The company's AIP Bootcamps enable clients to deploy AIP in real-world production-grade use cases within a few days, thereby shortening sales cycles. Expand NASDAQ : PLTR Palantir Technologies Today's Change ( -1.07 %) $ -1.79 Current Price $ 165.68 Key Data Points Market Cap $399B Day's Range $ 164.69 - $ 169.41 52wk Range $ 66.12 - $ 207.52 Volume 667K Avg Vol 45M Gross Margin 80.81 % Palantir also stands to benefit from the rapid evolution of agentic AI capabilities within AIP, including AI FDE and AI Hivemind. An AI FDE development agent autonomously connects to various data sources, integrates and transforms data, creates ontologies (a framework that helps relate enterprise physical assets to digital twins or counterparts), and builds applications for enterprises at exceptionally high speed and productivity levels. AI Hivemind is used to orchestrate agents for problem-solving, idea generation and refinement, and the generation of executable proposals. Together with Edge Ontology, which enables c...
Palantir may be a good pick for investors who can handle significant share price volatility. Palantir Technologies (PLTR 1.06%) is set to report its fourth-quarter fiscal 2025 earnings results on Feb. 2. Once known primarily as a data analytics player focused on the government and defense sector, the company is now increasingly viewed as a mission-critical enterprise artificial intelligence (AI) p...
Palantir may be a good pick for investors who can handle significant share price volatility. Palantir Technologies (PLTR 1.06%) is set to report its fourth-quarter fiscal 2025 earnings results on Feb. 2. Once known primarily as a data analytics player focused on the government and defense sector, the company is now increasingly viewed as a mission-critical enterprise artificial intelligence (AI) platform with accelerating momentum across both government and commercial clients. But does that shift in narrative make the stock a buy now? Let's find out. AIP catalyst Palantir's Artificial Intelligence Platform (AIP) and its highly effective go-to-market strategy are proving to be the most important growth engines. In the third quarter, U.S. commercial revenues increased 121% year over year to $397 million. This was driven by the rapid adoption of AIP by both existing and new customers, not only for isolated use cases but also for C-suite-led enterprise-wide transformations. The company's AIP Bootcamps enable clients to deploy AIP in real-world production-grade use cases within a few days, thereby shortening sales cycles. Expand NASDAQ : PLTR Palantir Technologies Today's Change ( -1.06 %) $ -1.77 Current Price $ 165.70 Key Data Points Market Cap $399B Day's Range $ 164.69 - $ 169.44 52wk Range $ 66.12 - $ 207.52 Volume 26M Avg Vol 45M Gross Margin 80.81 % Palantir also stands to benefit from the rapid evolution of agentic AI capabilities within AIP, including AI FDE and AI Hivemind. An AI FDE development agent autonomously connects to various data sources, integrates and transforms data, creates ontologies (a framework that helps relate enterprise physical assets to digital twins or counterparts), and builds applications for enterprises at exceptionally high speed and productivity levels. AI Hivemind is used to orchestrate agents for problem-solving, idea generation and refinement, and the generation of executable proposals. Together with Edge Ontology, which enables cl...
Tether Launches USAT, A Federally Regulated, Dollar-Backed Stablecoin For The US Market Authored by Micah Zimmerman via BitcoinMagazine.com, Tether, the world’s largest digital asset company by stablecoin circulation, announced Tuesday the official launch of USA₮, a federally regulated, dollar-backed stablecoin designed specifically for use in the United States under the recently enacted GENIUS Ac...
Tether Launches USAT, A Federally Regulated, Dollar-Backed Stablecoin For The US Market Authored by Micah Zimmerman via BitcoinMagazine.com, Tether, the world’s largest digital asset company by stablecoin circulation, announced Tuesday the official launch of USA₮, a federally regulated, dollar-backed stablecoin designed specifically for use in the United States under the recently enacted GENIUS Act . USA₮ is issued by Anchorage Digital Bank, N.A., a federally chartered U.S. bank and one of the first institutions approved to issue payment stablecoins under the new law, Tether said. The launch marks Tether’s first stablecoin built to operate fully within the U.S. regulated financial system, following years of regulatory scrutiny around offshore-issued dollar tokens. The debut follows the company’s announcement late last year detailing the token’s design and naming former White House Crypto Council Executive Director Bo Hines as CEO of Tether USA₮. With Tuesday’s rollout, USA₮ is now available to U.S. users seeking a dollar-backed token that complies with federal banking and stablecoin rules. The GENIUS Act established the first nationwide framework governing stablecoins marketed to U.S. users, requiring full reserve backing, bank or qualified issuer status, and ongoing regulatory supervision. Under the law, offshore-issued stablecoins that do not meet these standards face restrictions across U.S.-regulated exchanges, banks, and payment platforms. USA₮ is structured to meet those requirements. According to the company, Cantor Fitzgerald will serve as the stablecoin’s designated reserve custodian and preferred primary dealer, providing transparency and oversight of reserves from launch. Anchorage Digital Bank will handle issuance, compliance, and on-chain settlement infrastructure. Tether’s dominant role in the crypto space While Tether’s flagship USD₮ remains the most widely used stablecoin globally, its offshore structure limited its role in the U.S. market under the ...
Don Winslow, acclaimed crime novelist and political activist, discusses why he came out of retirement and is developing his books for TV and film with Romaine Bostick and Katie Greifeld on “The Close.” He says the war on drugs has been a massive failure. (Source: Bloomberg)
Don Winslow, acclaimed crime novelist and political activist, discusses why he came out of retirement and is developing his books for TV and film with Romaine Bostick and Katie Greifeld on “The Close.” He says the war on drugs has been a massive failure. (Source: Bloomberg)