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TSMC revenue jumps 35% as AI boom keeps chip demand resilient

Taiwan Semiconductor Manufacturing Co posted stronger-than-expected first-quarter revenue, offering fresh evidence that demand tied to artificial intelligence is still powering the global…
Stock

Porsche deliveries plunge 15% as China weakness hits luxury demand

Porsche’s global deliveries fell sharply in the first quarter, underlining the pressure facing premium carmakers as softer demand in China and the…
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Dow futures plunge 100 points today: 5 things to know before market opens

US stock futures were little changed on Friday as investors awaited a key reading on March inflation and monitored fragile diplomacy in…
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What is the HappyHorse AI model everyone is talking about?

A previously unidentified artificial intelligence model that recently climbed global rankings has been confirmed as a project developed by Chinese technology giant…
Stock

Sodexo shares plunge 13% after earnings miss, guidance cut

Shares of Sodexo plunged sharply after the French catering and facilities management group reported weaker-than-expected first-half earnings and cut its full-year guidance….
Investing

Disney reportedly planning up to 1,000 job cuts

The Walt Disney Company is preparing to cut as many as 1,000 jobs in the coming weeks, marking one of the first…
Investing

IREN stock is under pressure as technicals point to a rebound

IREN stock price has slumped into a bear market despite the ongoing demand for artificial intelligence (AI) computing. It was trading at…
Investing

Hubspot stock has formed an alarming pattern despite solid fundamentals

Hubspot stock price has been in a strong downward trend since February last year, shedding billions of dollars in value as its…
Investing

Soaring Corning stock price faces two major risks

Corning stock price has gone bonkers in the past few years and is now trading at its highest point on record. GLW…
Investing

CoreWeave stock rises as $21B Meta AI cloud deal boosts outlook

Shares of CoreWeave rose on Thursday after the company announced an expanded long-term agreement with Meta Platforms valued at approximately [MONEY value=”21000000000″…
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