Intel will continue working with Elon Musk on Terafab despite discussions with TSMC, keeping its role in the ambitious chipmaking project focused on supplying Musk’s businesses.
Bitcoin slipped to USD 84,186 as ETF outflows and long liquidations weighed on sentiment. Dogecoin and Hyperliquid led losses among top coins, while traders track Fed minutes and CPI data.
Xiaomi reportedly cancelled its 18 Ultra after its proposed CNY 9,999 price raised sales concerns, despite plans for three 200MP cameras, continuous optical zoom and flagship hardware.
RBI raised the repo rate 25 bps to 5.5%, its first hike since 2023, citing inflation risks. Floating-rate borrowers could face higher EMIs as lending costs rise.
Gold traded lower on October 7, with MCX December futures declining 0.43% to Rs. 1,49,480 per 10 grams as investors awaited the RBI policy decision. Brent crude rose above USD 101, while XAU/USD remai ...
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