Chip Stocks Tumble on A.I. Spending Fears and Rising Chinese Competition

New York Times - Oct 13, 2026

South Korean stocks tumbled in particular, as reports of a breakthrough by a Chinese chip rival heightened concerns about competition.

Read full article

MORE NEWS

Publicly owned rail is popular. But is it making the trains run on time?
Oct 12, 2026

Publicly owned rail is popular. But is it making the trains run on time?

Meeting travellers' expectations could be challenging, experts warn.

Heating oil customers face tough winter despite shake-up promise
Oct 12, 2026

Heating oil customers face tough winter despite shake-up promise

Heating oil customers facing soaring bills are promised better regulation of the sector by the government.

I earn £120,000 a year making social media videos go viral
Oct 12, 2026

I earn £120,000 a year making social media videos go viral

Social media "clippers" make short, vertical videos that appear on the likes of Instagram and TikTok.

Robert E. Hall and Michael Woodford Awarded Nobel for Economics
Oct 12, 2026

Robert E. Hall and Michael Woodford Awarded Nobel for Economics

Robert E. Hall and Michael Woodford were awarded the prize for insights that helped policymakers become “better equipped to deal with shocks in the economy,” the committee said.

Fridges in French supermarkets hit by cyber attack
Oct 12, 2026

Fridges in French supermarkets hit by cyber attack

Hundreds of stores were targeted by the overnight hack, which spoiled fresh and frozen food estimated to be worth millions of euros.

America’s Favorite Fruit Is Being Bruised by the Iran War
Oct 12, 2026

America’s Favorite Fruit Is Being Bruised by the Iran War

The journey of one banana from farm to store shows how the war’s economic effects have cascaded into some surprising industries.

What are your rights on auto-renew subscriptions?
Oct 12, 2026

What are your rights on auto-renew subscriptions?

Martin has advice for listeners caught out by auto-renewing subscriptions, explaining what rights consumers have and whether there's a way to challenge the renewal or cancel.

Europeans Have a Love-Hate Relationship With Chinese Cars
Oct 12, 2026

Europeans Have a Love-Hate Relationship With Chinese Cars

Consumers across the continent increasingly want to buy low-cost Chinese vehicles. Policymakers are seeking to slow them down.

How American Retirees at Different Incomes Rely on Social Security
Oct 12, 2026

How American Retirees at Different Incomes Rely on Social Security

Social Security funds are on track to run short by 2032, which would mean a reduction in benefits. Here’s how four hypothetical households rely on the program in retirement.

Why some have no choice but to pay costly oil prices
Oct 12, 2026

Why some have no choice but to pay costly oil prices

Rural communities are badly hit by the rising cost of heating oil, as our Wiltshire reporter explains.

AI minister warns 'likely' UK's cyber defences will be breached
Oct 12, 2026

AI minister warns 'likely' UK's cyber defences will be breached

Kanishka Narayan said the government will use advanced AI to strengthen the UK against cyber attacks.

World’s Energy Order Tested Again as Iran War’s Reach Extends Further
Oct 12, 2026

World’s Energy Order Tested Again as Iran War’s Reach Extends Further

“We are entering an age of prolonged insecurity,” one former U.S. energy official said of what have become chronic threats on the Middle East’s energy core.

RECOMMENDED

Profit And Cost

Profit and Cost is the personal business & financial assistance for individuals considering to improve their profits and lowering the cost in their everyday life.

ABOUT US
Newsletter

Subscribe for more recent news from Profit And Cost

Copyright © 2015 - 2026 Profit And Cost. All Rights Reserved.