Qualcomm stock rises on report of OpenAI smartphone chip partnership

Qualcomm stock rises on report of OpenAI smartphone chip partnership

Qualcomm is one of the biggest semiconductor companies making chipsets. Nurphoto | Nurphoto | Getty Images Qualcomm shares rose in premarket trading Monday following reports that it’s partnering with OpenAI to create smartphone processing chips to advance the AI firm’s hardware ambitions. The U.S. smartphone chipmaker is set to work alongside Taiwanese semiconductor firm MediaTek…

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Europe’s rearmament push drives global military spending to record .9 trillion despite U.S. pullback

Europe’s rearmament push drives global military spending to record $2.9 trillion despite U.S. pullback

Israeli air defence systems are activated to intercept Iranian missiles over the Israeli city of Tel Aviv early on June 18, 2025. Menahem Kahana | AFP | Getty Images Europe ramped up military spending in 2025 — a longstanding demand of U.S. President Donald Trump — helping drive global defense outlays to a staggering $2.89…

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Japan to tighten rules for shareholder proposals amid pushback against activism

Japan to tighten rules for shareholder proposals amid pushback against activism

Japan is moving to tighten the criteria for submitting shareholder proposals amid growing backlash from firms pressured by activist investors. Richard A. Brooks | AFP | Getty Images Japan is moving to tighten the criteria for submitting shareholder proposals, signaling a growing backlash from companies frustrated by intensifying pressure from activist investors calling for change. The push for legislative change…

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