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ASML’s lowered forecast suggests factory overcapacity, not chip doom

Economy

PIMCO says UK budget unlikely to shock markets, gilts look attractive

Stock

BofA sees biggest jump in investor optimism, growth expectations since 2020

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Emirates orders more Boeing 777F freighters, sources say

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Wall Street mixed as megacap tech stocks fall; banks gain

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Abbott bumps up profit forecast on strong medical device sales

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European tech, luxury stocks tumble as ASML, LVMH results disappoint

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Musk’s SpaceX sues California panel, alleges political bias over rocket launches

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Coinbase stock volatility to rise in coming months, Citi warns

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General Motors to contribute $625 million to new JV with Lithium Americas

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