Netflix stock rises after earnings, outlook top Wall Street forecasts
Netflix (NFLX) stock climbed in after-hours trading on Thursday after the company delivered first quarter earnings that beat expectations on…
TSMC upbeat on outlook as robust AI demand offsets tariff uncertainty
The world’s largest contract chip maker, TSMC, gave a bullish outlook for the year on robust demand for AI applications,…
Japan’s Zeon aims to decide on US investment by summer, sees rising risk amid Trump tariffs
Japanese chemical company Zeon aims to decide by the summer whether to move forward with plans it put on hold…
Wipro shares drop after weak first quarter forecast flags growth worries
Shares of Wipro fell as much as 6.3% on Thursday after the company projected a weak June quarter, with analysts…
Meta Saw TikTok as ‘Highly Urgent’ Threat, Zuckerberg Says at Antitrust Trial
Mark Zuckerberg, the first witness in the Federal Trade Commission’s trial to break up his social media empire, gave a…
Temu, Shein slash digital ads as tariffs end cheap shipping from China, data show
Chinese online marketplace Temu and fast-fashion retailer Shein, two of the biggest advertisers on U.S. social media, are sharply cutting…
Oil set for weekly rise on new Iran sanctions
Oil prices rose on Thursday and traded near their highest in two weeks on supply concerns after the United States…
OpenAI’s $500 billion Stargate venture weighs future UK investment
Stargate, a $500 billion U.S. data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the…
Dollar resumes fall as investors wait on trade talks
The dollar resumed its fall on Wednesday with both safe havens and risk sensitive currencies outperforming the greenback as traders…
Exclusive-Nvidia kept some China customers in the dark about new US chip clampdown
Nvidia did not warn at least some major customers in advance about new U.S. export rules it was told about…