July 23 (Reuters) - European shares edged lower on Thursday, weighed down by technology stocks following quarterly results from U.S. giant Alphabet, while markets assessed the Middle East conflict
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Chinese carmakers spent the past decade replacing gasoline engines with batteries. The next will be about integrating cars with robotics, XPeng’s chief executive says.
July 23 (Reuters) - India's Cipla reported a bigger-than-expected fall in first-quarter profit on Thursday, extending its run of declines on muted sales of a generic cancer drug and supply disruptions
Wall Street banks are having their best run in over a decade, while Blackstone Inc. (NYSE:BX), heading into its second-quarter earnings today, has missed nearly all of it. Banks Pull Ahead of Private Capital Shares of the largest U.S. private capital groups have slumped more than 15% this year and over 20% in the past […]
The company said it continued to capitalize on surging demand from AI and data-center customers, as supply constraints pushed clients to place longer-term orders.
Investors were positioning their trades ahead of Intel’s second-quarter earnings report, due after the market closes on Thursday.
Asian shares were mostly higher on Thursday, while the intensifying war with Iran pushed Brent crude past $96 a barrel. Samsung Electronics gained 3%, while memory chipmaker SK Hynix advanced 3.4%. Technology companies led gains, with stocks in SoftBank Group climbing 3.3%.
By Ankur Banerjee SINGAPORE, July 23 (Reuters) - Asian stocks rose on Thursday after U.S. technology firms outlined significant capital spending plans that are likely to benefit chipmakers in the
BE Semiconductor Industries (Besi) on Thursday reported quarterly orders significantly above last year's level, fuelled by strong demand for AI, hybrid bonding, photonics and data centres. Investors are betting on rising demand for Besi's hybrid bonding solutions, a chip-packaging technology that enables two chips to be directly bonded together, citing the company's first-mover advantage as AI-driven demand accelerates. The number of customers using Besi's hybrid bonding technology increased to 21 in the quarter from 15 at the end of last year, as the technology gained traction in logic, memory, co-packaged optics and consumer applications and drove capacity expansions among customers, it said.
Intel is scheduled to report second-quarter financial results after the stock market closes on Thursday.
(Bloomberg) -- China has started issuing robotaxi permits again after a high-profile incident involving self-driving vehicles led authorities to suspend new licenses in April, according to people familiar with the matter.Most Read from BloombergHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyRetina Chip Designed to Restore Sight to Go on Sale in EuropeApple to L
Kinder Morgan Inc (KMI) reports robust earnings growth and strategic advancements, driven by increased natural gas demand and disciplined capital management.
Tesla Inc (TSLA) reports record Q2 deliveries and significant investments in AI and infrastructure, despite facing margin declines and supply chain challenges.
Despite challenges in consumer demand and regional deflation, Wal - Mart de Mexico SAB de CV (WMMVF) reports strong eCommerce and new business growth in Q2 2026.
Alphabet Inc (GOOG) reports a 24% revenue surge, driven by robust cloud growth and new AI model launches, despite challenges in free cash flow and operating expenses.
IBM reports modest growth amid shifting client priorities, while focusing on AI and quantum computing investments to drive future success.
ServiceNow Inc (NOW) reports a strong Q2 with 23% subscription revenue growth and AI ACV surpassing $1 billion, despite facing market uncertainties.
An IPO doesn't just move the value of the new stock. Here's how the SpaceX IPO has impacted millions of passive investors.
Oilfield services provider SLB (NYSE:SLB) will be reporting earnings this Friday before market hours. Here’s what investors should know.
Executives said the firm’s 21% year-over-year revenue growth in the second quarter was partly due to RIAs’ continued interest in long-short strategies.
I have covered each of the following four stocks separately over the past few weeks:Micron's historic earnings. Intel's painful turnaround. AMD's server CPU advantage heading into August 4. Applied Materials' wafer equipment supercycle. On July 21, Jim Cramer put them all in the same basket with a ...
Generic drugmakers have much thinner margins, and are less interested in “reshoring” to the US where the costs are higher.
GE Vernova (GEV) raised its 2026 revenue and free-cash-flow forecasts on July 22, but a widening loss in its Wind business sent shares lower. The stock fell about 6.3% to $1,011 in midday trading July 22 after dropping as low as $964.16 earlier in the session. Its second-quarter revenue rose ...
Global payments company American Express (NYSE:AXP) will be reporting earnings this Friday before market hours. Here’s what to expect.
Earnings dominated the narrative in the U.S. markets on Wednesday, with Alphabet, Tesla, and IBM reporting Q2 results.
A clip from an old Lex Fridman podcast interview with Mark Zuckerberg is making the rounds on X (the former Twitter), and the timing of its revival is the most interesting part of the story. The clip shows Zuckerberg praising Elon Musk's overhaul of Twitter at a moment when the two men were in the ...
Alphabet CEO Sundar Pichai used Wednesday's earnings call to mount a robust defence of Google's AI strategy, pushing back on concerns that the company has fallen behind rivals after delaying a flagship model and ceding ground in AI coding. Investors have become increasingly uneasy over Google delaying the release of Gemini 3.5 Pro, a model originally slated for June that was expected to bolster the company's standing in AI coding and autonomous "agent" tasks, two of the industry's most fiercely contested areas. The latest setback has fueled worries that Google was losing momentum just as OpenAI and Anthropic and a host of Chinese rivals have accelerated the pace of model releases.
Tesla CEO Elon Musk on Wednesday left the door open to the EV maker merging with his other trillion-dollar-plus-valued firm SpaceX, declining to dismiss the possibility and citing growing overlap between the companies. “As you can tell from the many collaborations on so many fronts with SpaceX, there’s more and more overlap,” Musk said on Tesla's earnings call. “We can't talk about, you know, combining companies and that kind of thing on an earnings call," he added.
Record orders and sales driven by defense demand and space-based imaging growth.
Tempus AI (TEM) spent three years selling someone else's cancer test. On Monday, July 20, it decided to just buy the whole thing. The AI diagnostics company agreed to acquire Personalis (PSNL) in a deal valued at $1.5 billion. The move hands Tempus full control of a test that spots cancer ...