1 دن پہلے
Xiaomi warns smartphone prices will keep rising into H2 2026 as chip shortage lengthens upgrade cycles
A Xiaomi executive warned that smartphone prices will continue to rise in 2026 as the global chip shortage persists. Company data show the average replacement cycle has stretched from 9–12 months in 2017 to about four years, influencing development priorities for new devices such as the Redmi Note 17. The company said wider use of financing options is also reshaping how consumers buy phones as prices climb.
1 دن پہلے
1 دن پہلے
Broadcom posts 86% revenue jump as quarterly AI chip sales triple to $16.7 billion
Broadcom said revenue rose 86% year over year in its latest quarter, while adjusted earnings per share jumped 96%. Quarterly AI semiconductor revenue tripled to $16.7 billion, driven by hyperscaler demand for custom AI chips and networking gear. CEO Hock Tan told analysts the company expects to ship $350 billion of AI semiconductors to six hyperscaler customers over the next two years.
1 دن پہلے
1 دن پہلے
FCNR-driven rupee gains make gold cheaper in India, pressure local prices
A 1% rise in the Indian rupee against the U.S. dollar, driven by FCNR deposit inflows, has weighed on rupee-denominated gold and silver prices. India’s spot gold fell 4% over eight trading sessions to ₹1,54,884, while silver also dropped 4% to ₹2,35,456. Over the same period, U.S. spot gold slid 3% to $4,523 an ounce, pointing to broader weakness in global bullion prices. The pullback ahead of the festive season is influencing consumer buying behaviour, with some holding off purchases amid uncertainty.
1 دن پہلے
1 دن پہلے
Solana and XRP ETFs near $1.5 billion each as of early September 2026, reaching a first for non-Bitcoin and non-Ether funds
As of early September 2026, assets under management for Solana (SOL) and XRP exchange-traded funds (ETFs) were each nearing $1.5 billion, with the two products roughly even in size. It marks the first time crypto-asset ETFs tied to neither Bitcoin nor Ether have reached that scale. Some market views say these products could see sharp growth in the next market run, with SOL and XRP potentially posting significant gains.
SOL
SOL-2.03%
1 دن پہلے
1 دن پہلے
Crypto ETF inflows exceed $1.20B as demand for bitcoin remains strong
Crypto ETF products have recorded more than $1.20B in net inflows, signaling sustained demand for major digital assets such as bitcoin. The latest wave of allocations has further boosted bitcoin buying interest. It suggests investors are still actively adding exposure to digital assets at current levels. Overall, strong demand through crypto ETFs indicates that optimism around bitcoin’s next move has not faded.
BTC
BTC-0.99%
1 دن پہلے
1 دن پہلے
Robinhood picks Ethereum via Arbitrum for 24/7 stocks, yield and DeFi across 120+ countries over Solana
Robinhood chose to roll out its global crypto services on Ethereum via Arbitrum rather than Solana. The decision highlights that institutions prioritize ecosystem maturity and security, not just low costs. Solana recently saw a validator-offline incident affecting 29% of staked SOL that was not recorded on its status page, while its H1 2025 revenue was 95% tied to priority fees and Jito tips and its H1 2026 network revenue fell 87% year over year. By contrast, Arbitrum surpassed 10M daily transactions within two weeks of mainnet and launched with tokenized U.S. equities, Uniswap and Chainlink, underscoring the scaling capacity of Ethereum’s L2s.
ETH
ETH-0.30%
1 دن پہلے