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Taiwan's Foxconn, the world's largest contract electronics maker, has "immense ‌confidence" in its growth momentum because of ‌soaring AI demand, Chairman Young Liu said on Friday. The company, ​Nvidia's biggest server maker and Apple's top iPhone assembler, this month reported a 19% rise in first-quarter profit versus the same period a year earlier, ‌beating expectations due ⁠to strong global demand for AI products. Liu, speaking at an annual shareholders meeting ⁠in Taipei's neighbouring city of New Taipei, said AI remains highly sought after, with capital spending by ​the major ​cloud service providers already ​exceeding $700 billion this year.

Anthropic on Thursday said it is launching an upgraded ‌Claude Opus 4.8 model even as ‌it works to release its powerful, market-moving Mythos model ​to all customers in the coming weeks. Mythos is the AI lab's large language model with advanced cybersecurity capabilities that have ‌raised concerns among ⁠executives and world leaders about its impact. As a part of Project ⁠Glasswing, major tech firms such as Amazon, Microsoft and Apple are permitted to ​use Mythos ​for cybersecurity purposes.

Imagine a private company pouring billions into unproven mega-rockets and moonshot ambitions suddenly being valued at over $1.75 trillion. Almost 2x what Apple was worth a decade ago. More than the GDP of most nations.

(Bloomberg) -- Apple Inc.’s much-anticipated Siri overhaul is set to become the centerpiece of its next iPhone, iPad and Mac software updates — and Bloomberg News is offering the first peek at what the new digital assistant will look like.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarTwo More Oil Supertankers Exit Hormuz to Help Push Up FlowsEx-President Biden Sues to Stop DOJ Sharing Interview Tapes

Inflation is taking the fun out of retirement. Rising costs are taking too big a bite out of many retirees' budgets, creating stress, sleepless nights and constant worries about money. The math isn't adding up for many retirees since their paychecks stopped, according to Schroders.

This marks the first report since the company announced CEO Corie Barry is stepping down from the electronics retailer at the end of the third quarter.

The app where millions of Americans will be able to manage new Trump accounts for their children is set to launch Thursday, a Treasury department spokeswoman said. Account activation will begin for families who have already enrolled in the program. The app, built by Bank of New York Mellon and Robinhood, will be available in the Apple and Google app stores.

By Alvise Armellini and Giulio Piovaccari ROME, May 27 (Reuters) - If Ferrari wanted to grab the world's attention with the Luce, its first all-electric car, mission accomplished - even if much of the

By Stephen Nellis SAN FRANCISCO, May 26 (Reuters) - Apple and Alphabet's Google on Tuesday pushed to amend an online safety bill working its way through Canada's parliament to add judicial oversight

An avalanche of online memes make fun of the Luce’s design, and the company sheds $5 billion in market value.

Apple has spent much of 2026 defending itself. Tariff concerns. Questions about AI pace. A market that has rewarded louder AI stories more generously. The stock has still gained over 50% in the past 12 months, but the narrative has been harder to hold. On May 26, Bank of America analyst Wamsi Mohan ...

U.S. car manufacturers have learned a valuable lesson about electric vehicles over the past couple of years: American consumers don't like expensive EVs. That's why Ford is still pushing hard for EVs despite the $19.5 billion in losses it was recently forced to write down in its electric vehicle ...

Apple could end up as an AI winner, despite its slow early response to the technology megatrend, an analyst says. Apple stock rose Tuesday.

UBS raised its target on Micron to a Street-high $1,625 from $535, arguing AI has structurally changed the memory market

PayPal helped invent online checkout. The iconic online payments company is facing its biggest challenge in nearly three decades of existence. Its core business of customers using the app to check out when shopping online is barely growing and new management has bluntly warned investors that “significant changes” will be needed to fix the company’s problems.

Centerview’s Matthieu Pigasse, an investment banker from Paris, is helping Caracas restructure around $150 billion in debt.

Europe’s most valuable automaker took the wraps off its first-ever model without an internal combustion engine Sunday. Designed in partnership with celebrated Apple alumnus Jony Ive, the Ferrari Luce is big on glass, light and space.

Shipments of foreign-branded mobile ‌phones in China ‌for April, including Apple's iPhones, ​were up 1.8% from the same month last year, Reuters calculations ‌based on ⁠data released by a government-affiliated research ⁠firm on Tuesday showed. The data from the ​China Academy ​of ​Information and ‌Communications Technology showed shipments of foreign-branded phones within China were at 3.59 million units in ‌April. Overall phone shipments ​in China ​last ​month were up ‌2.8% year-on-year to ​25.73 million ​units, according to the data.

Ferrari has unveiled its first fully electric car, with a design from former top Apple designer Sir Jony Ive that it describes as “polarising...

IMAX Corporation (IMAX) shareholders had the kind of Friday that rewrites a year. Shares of the premium cinema technology company jumped about 15% on May 22, closing at $39.12, after The Wall Street Journal reported the company is exploring a sale and has approached entertainment companies as ...

By Giulio Piovaccari ROME, May 25 (Reuters) - Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker as competitors including Porsche and

(Bloomberg) -- Ferrari NV unveiled its first fully electric car, a five-seat model priced at €550,000 ($640,000) that marks a sharp break from the sports-car maker’s fuel-burning heritage.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Urani

(Bloomberg) -- Italy’s benchmark equity index rose past its all-time closing high set in 2000, with a recent rally in energy and chip stocks supercharging it to record levels.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Uranium, Sanctions

By Giulio Piovaccari ROME, May 25 (Reuters) - As its sports car rivals tap the brakes on a shift to EVs, Ferrari will take a leap into an uncertain era on Monday with the launch of its first fully-

(Bloomberg) -- Congo suspended flights to the eastern city of Bunia and regional health ministers warned of escalating cross-border risks from Ebola as the outbreak spread across three provinces and overwhelmed contact-tracing efforts.Most Read from BloombergTrump Says He'll Announce Negotiated Deal With Iran ShortlyNvidia CEO Urges Super Micro to Tighten Up on ComplianceIran, US Signal Progress in Peace Talks as Issues UnresolvedTrump to Force Foreigners Seeking Green Cards to Go Home FirstUAE

(Bloomberg) -- Congo suspended flights to the eastern city of Bunia and regional health ministers warned of escalating cross-border risks from Ebola as the outbreak spread across three provinces and overwhelmed contact-tracing efforts.Most Read from BloombergTrump Says He’ll Announce Negotiated Deal With Iran ShortlyNvidia CEO Urges Super Micro to Tighten Up on ComplianceIran, US Signal Progress in Peace Talks as Issues UnresolvedTrump to Force Foreigners Seeking Green Cards to Go Home FirstUAE

(Bloomberg) -- Congo suspended flights to the eastern city of Bunia and regional health ministers warned of escalating cross-border risks from Ebola as the outbreak spread across three provinces and overwhelmed contact-tracing efforts.Most Read from BloombergTrump Says He’ll Announce Negotiated Deal With Iran ShortlyNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump to Force Foreigners Seeking Green Cards to Go Home FirstIran, US Signal Progress in Peace Talks as Issues UnresolvedUAE

The economic gap between the U.S. and the U.K. has been widening for more than a decade. As a result, a new study has found that the U.K.'s GDP per capita is now lower than every single U.S. state.

(Bloomberg) -- President Donald Trump’s latest financial disclosure has drawn scrutiny for its astonishing scale: 3,711 trades, almost entirely in shares of companies across America, including many whose fortunes can turn on federal policy.Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentUAE Joins Saudis, Qatar in Urging Trump Not to Restart WarTrump to Force Foreigners Seeking Green Cards to Go Home FirstAttack on UAE Nuclear Plant From Iraq ‘Warning Shot’ by Ira

Alphabet's Google on Friday appealed a Washington federal judge's ruling ‌that it holds illegal monopolies in online search ‌and related advertising. • Google argued that U.S. ​Judge Amit Mehta made legal errors in his 2024 ruling, which found the company illegally blocked competitors by paying billions of dollars annually to firms including Apple ‌to be the ⁠default search engine on new devices. • The arrangements did not prevent the device ⁠makers and browser developers from promoting rival search services like Microsoft's Bing, Google argued.