Demand for Huawei’s Ascend 950 artificial intelligence chips has surged following the release of DeepSeek’s V4 model, which runs on the Shenzhen-based company’s hardware, as per a Reuters report. Major…
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Alphabet stock (NASDAQ: GOOG) heads into its first-quarter 2026 earnings report tonight with a lot of momentum already priced in. The stock has climbed 21% over the past 30 days,…
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Shares of Maruti Suzuki India rose 4% on Wednesday after investors looked past the carmaker’s weaker-than-expected quarterly profit and instead focused on stronger volume prospects, resilient demand for small cars…
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Taiwan Semiconductor Manufacturing Co has sold its remaining stake in Arm Holdings for about $231 million, completing its exit from the British chip designer after gradually cutting the position over…
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UBS Group posted first-quarter net profit of $3 billion, comfortably ahead of analyst expectations, as the Swiss bank benefited from strong client activity and revenue growth across its business lines.…
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Adidas reported first-quarter operating profit of €705 million, beating analyst expectations as robust demand for apparel and performance categories helped the German sportswear group start 2026 on a strong footing.…
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Deutsche Bank reported its highest-ever profit under CEO Christian Sewing on Wednesday, despite an increase in credit risk provisions and negative currency impacts. Germany’s largest lender recorded a net profit…
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Airbus reported a sharp decline in first-quarter earnings on Tuesday, as supply chain disruptions—particularly engine shortages—curbed aircraft deliveries and weighed on profitability. Adjusted operating profit fell 52% year-on-year to 300…
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Amazon announced an expanded partnership with OpenAI on Tuesday, enabling its cloud customers to access OpenAI’s models through Amazon Web Services (AWS). The move comes just a day after OpenAI…
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Global markets saw a mix of developments on Tuesday, as Amazon expanded its partnership with OpenAI following a shift away from exclusivity with Microsoft, oil prices surged amid tensions involving…