TSMC revenue jumps 35% as AI boom keeps chip demand resilient
Taiwan Semiconductor Manufacturing Co posted stronger-than-expected first-quarter revenue, offering fresh evidence that demand tied to artificial intelligence is still powering the global chip industry even as investors look for signs…
Porsche deliveries plunge 15% as China weakness hits luxury demand
Porsche’s global deliveries fell sharply in the first quarter, underlining the pressure facing premium carmakers as softer demand in China and the US collides with an uneven transition to electric…
Dow futures plunge 100 points today: 5 things to know before market opens
US stock futures were little changed on Friday as investors awaited a key reading on March inflation and monitored fragile diplomacy in the Middle East following recent tensions involving Iran.S&P…
What is the HappyHorse AI model everyone is talking about?
A previously unidentified artificial intelligence model that recently climbed global rankings has been confirmed as a project developed by Chinese technology giant Alibaba.The revelation marks a significant development in the…
Sodexo shares plunge 13% after earnings miss, guidance cut
Shares of Sodexo plunged sharply after the French catering and facilities management group reported weaker-than-expected first-half earnings and cut its full-year guidance.The stock fell 13% to 38.42 euros in European…
CoreWeave stock rises as Anthropic deal fuels AI growth bets
CoreWeave shares moved higher in premarket on Friday after the company announced a multi-year agreement with artificial intelligence startup Anthropic, adding to a strong run driven by a string of…
BMNR stock vs MSTR: Why BitMine is better than Strategy by far
Tom Lee’s BitMine (BMNR) and Michael Saylor’s Strategy (MSTR) have become the biggest Digital Asset Treasury (DAT) companies in Wall Street. Their stocks have plunged sharply from their all-time highs…
Dow Jones slips 40 points, S&P gains as ceasefire hopes lift stocks
Wall Street’s main indexes were subdued on Friday as investors weighed largely in-line inflation data against persistent geopolitical risks stemming from the Middle East conflict.Major indexes edged higher in early…
Bund yields edge higher as oil surge stirs ECB bets
.Euro zone government bond yields were on course for a weekly increase, even after experiencing their steepest drop in years earlier this week.The move comes as geopolitical tensions surrounding a…
Figma stock has crashed to a record low: is it a bargain or a value trap?
Figma stock price has crashed to a record low since its initial public offering (IPO), shedding billions of dollars in value as its valuation has dropped from over $55 billion…