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TSMC closes the year on strong footing as AI demand offsets chip sales

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported stronger-than-expected revenue for the fourth quarter, showing the continued strength of…
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China’s EV market faces slower growth as subsidies fade

China’s market for new-energy vehicles is entering a more restrained phase after several years of rapid expansion. Retail sales of pure-electric and…
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Why Meta is betting big on nuclear energy to fuel AI growth

Meta Platforms Inc. has agreed to a series of electricity deals, reports Bloomberg, that could make it the biggest buyer of nuclear…
Stock

What do markets expect from US Supreme Court’s ruling on Trump’s tariffs 

The US Supreme Court could deliver today what could be a landmark ruling on President Donald Trump’s most sweeping global tariffs. The…
Stock

Tesco shares slide as like-for-like sales miss forecasts despite Christmas boost

Shares of Tesco fell more than 5% on Thursday after the UK’s largest supermarket reported like-for-like sales growth that came in below…
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BT Group share price forecast 2026: faces elevated risks

BT Group share price has remained under pressure, even as the FTSE 100 Index has jumped to a record high. It has…
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Applied Digital stock jumps as revenue triples on surging AI data center demand

Applied Digital stock rose by 7% in premarket trading on Wednesday after the data center operator reported second-quarter revenue that comfortably beat…
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US West Coast jet fuel premium hits two-year high on supply crunch

The difference in price (premium) for immediate delivery of US West Coast jet fuel sold to Asia has expanded to its largest…
Stock

Goldman Sachs bet on consumer stocks to carry equity rally in 2026

Strategists on Wall Street are increasingly looking beyond the artificial intelligence trade for fresh drivers of the US equity rally, as concerns…
Stock

Elon Musk’s xAI secures $20B in funding amid intensifying scrutiny

Elon Musk’s artificial intelligence start-up xAI has raised $20 billion in new funding in an upsized round that more than doubles its…
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