Business

Trade Desk Shares Tumble on Second-Quarter Miss and Disappointing Guidance

Trade Desk shares dropped after the ad-tech firm posted a second-quarter revenue and earnings miss alongside disappointing guidance.
Business Khaled Ayoub -

Federal Auditors Find DOGE Overstated Its Claimed $110 Billion in Government Savings

The Government Accountability Office found that Elon Musk's DOGE overstated its reported $110 billion in federal savings and lacked transparency on its met
America Aarav Shen -

Trade Desk Shares Tumble on Second-Quarter Miss and Disappointing Guidance

Trade Desk shares dropped after the ad-tech firm posted a second-quarter revenue and earnings miss alongside disappointing guidance.
Business Khaled Ayoub -

Shopify Shares Soar 18% as Upbeat Forecast Shows AI Boosting E-Commerce Business

Shopify shares jumped more than 18% after an upbeat third-quarter forecast signaled its AI investments are attracting merchants rather than disrupting busi
Business Lynn Hatem -

Broadcom Surges on AI Chip Momentum as Analysts Eye Long-Term Upside

Broadcom shares climb as AI semiconductor revenue grows at triple-digit rates, with analysts weighing long-term upside through 2028.
Business Lynn Hatem -
Latest

OPEC Oil Production Suffers Sharp Decline in March Amidst War-Related Export Disruptions

OPEC's oil production saw a significant drop in March due to war-related export cuts, with Iraq and Nigeria being major contributors to the decline, according to a Reuters survey.

TSMC Bottleneck Sparks Opportunity For Rival Chipmakers As AI Demand Soars

TSMC's chipmaking capacity is maxed out through 2028 due to surging AI demand, opening new opportunities for rivals like Samsung. Read how the shortage shapes the future of semiconductors.

AI Surge Propels Fabless Chipmakers to Record 44% Revenue Growth in 2025

Explore how the AI boom propelled fabless chipmakers to a 44% revenue increase in 2025, with Nvidia leading the charge and significant shifts in market share.

China Stocks Emerge as Safe Haven Amidst Global Geopolitical Turmoil

Global banks are increasingly turning to Chinese stocks as a safe haven amid geopolitical uncertainty and rising oil prices driven by the Iran war, citing the nation's resilience and strategic advantages.

Iran Conflict Triggers Global Shortages of Helium and Aluminum, Fueling Economic Uncertainty

The war in Iran is causing global shortages of helium and aluminum, impacting semiconductor manufacturing, medical equipment, and consumer goods, leading to economic uncertainty.

Iran War Fuels Euro Zone Inflation Surge to 2.5%, ECB Faces Rate Dilemma

Euro zone inflation surges to 2.5% in March due to rising energy costs amid the Iran war, prompting the ECB to consider interest rate hikes.

China’s Factory Activity Surges to One-Year High in March Amidst Global Disruptions

China's factory activity surged to a one-year high in March, with the manufacturing PMI reaching 50.4, signaling a robust rebound driven by increased production and export orders, despite global economic headwinds.

Chery Gears Up for South African Production by 2027

Chinese automaker Chery plans to start production at its newly acquired South African plant by the end of 2027, focusing on electrified vehicles and aiming to boost local employment and exports.

Japan Weighs Bold Oil Market Move to Rescue the Yen

Japan is considering a novel move to support its weakening yen: intervening in crude oil futures markets. Experts have raised questions about the feasibility, risks, and potential efficacy of this bold economic strategy.

Japan Grapples With Soaring Oil Prices and Weakening Yen, Fueling Inflation Fears

Japan faces mounting inflation as soaring oil prices and a weakening yen create a challenging economic environment, prompting concerns about stagflation and forcing the Bank of Japan into a difficult policy dilemma.

PetroChina’s 2025 Profits Dip Amidst Global Oil Price Volatility and Softening Demand

PetroChina reports a 4.5% drop in 2025 net profit due to lower oil prices and weak fuel demand, despite increased production and strong cash flow.

Henkel Seals $1.4 Billion Deal to Acquire Haircare Innovator Olaplex

Henkel announces $1.4 billion acquisition of Olaplex, aiming to boost its premium haircare portfolio and expand Olaplex's global reach. Learn more about the strategic deal.

Uber Elevates Travel Game: Acquires Luxury Chauffeur Service Blacklane

Uber Technologies acquires Blacklane, a global chauffeur service, to expand its luxury and executive travel offerings and enhance its premium mobility solutions worldwide.

AI Conference Reverses Sanctions Ban After China Boycott

NeurIPS AI conference reverses ban on papers from US-sanctioned entities after boycott by Chinese academic community, highlighting geopolitical tensions in AI research.

- A word from our sponsors -

spot_img

Follow us

HomeBusiness