Massive New Tariffs: How Trump’s Latest Duties Hit Drugs, Trucks, and Furniture
President Trump is hitting imports with massive new tariffs starting October 1st, targeting branded drugs (100%), heavy trucks (25%), and furniture.
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The 1:1 Chip Plan: How the US Aims to Boost Homegrown Tech
The US 1:1 Chip Plan forces companies to match imported chips with US production (1:1 ratio). If they fail, they face tariffs. This aims to secure national supply chains and stop relying on vulnerable overseas manufacturing, like Taiwan, for essential products.
Birkenstock Boosts Sales Forecast and Plans Factory Expansion
Birkenstock raised its sales forecast (17.5% growth) due to strong demand from affluent shoppers, even after price hikes. They are also buying a factory near Dresden (€18M) to make more shoes and boost production capacity.
BlackBerry's Q2: Profitability, Growth, and Higher Expectations
BlackBerry reports strong Q2 Fiscal Year 2026 results, achieving GAAP profitability, year-over-year revenue growth, and raising future financial targets, led by excellent performance from its QNX division.
CarMax Q2 Sales Slump After Tariff-Driven Rush
CarMax Q2 results severely missed Wall Street forecasts (64¢ vs. ~$1.04 expected). Used car sales fell 6.3%, partly due to customers rushing buys ahead of tariffs and high loan losses. The stock dropped 12%. CEO Bill Nash called it "challenging".
Cipher Mining’s AI Powerhouse Deal: $3 Billion Secured with Fluidstack and Google
Cipher struck a huge $3 billion, 10-year deal with Fluidstack to build 168 MW of AI data centers. Google guaranteed $1.4 billion of the lease and received about a 5.4% ownership stake in Cipher. This positions Cipher as a major AI Data Center Developer.