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China has begun mass producing domestically developed immersion deep-ultraviolet (DUV) lithography machines, a technology crucial to advanced chipmaking, a person familiar with the matter said, marking a key step forward in Beijing's drive to ‌reduce its reliance on foreign technologies. Shanghai Aishengna Electronic Technology Group, a little-known Chinese state-owned company, is leading the production effort ‌after incorporating teams from top Chinese lithography startups, the source said, declining to be named due to the sensitivity of the subject. The development represents a win for Beijing's nationwide ​semiconductor self-sufficiency initiative, one of President Xi Jinping's highest priorities, but will not pose an immediate commercial threat for Dutch supplier ASML.

July 28 (Reuters) - Varun Beverages, PepsiCo's biggest bottling partner in India, posted a 15.5% rise in second-quarter profit on Tuesday, driven by strong volume growth in India and international

Mexican fast-food chain Chipotle (NYSE:CMG) will be announcing earnings results this Wednesday afternoon. Here’s what to look for.

July 28 (Reuters) - India's Swiggy said on Tuesday that it has appointed Nandita Sinha as its quick commerce arm Instamart's chief executive, effective August 3, after Amitesh Kumar Jha resigned.

July 28 (Reuters) - European shares were subdued on Tuesday as a global selloff in technology stocks was balanced by earnings-driven gains in luxury and consumer stocks, with lower oil prices lending

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.

Can Chipotle return to meaningful growth?

Johnson & Johnson has offered $5.5 billion to settle tens of thousands of lawsuits claiming its baby powder and other talcum powder products caused ovarian cancer, the company says.

Digital financial services company SoFi Technologies (NASDAQ:SOFI) will be reporting earnings this Wednesday before the bell. Here’s what investors should know.

The aerospace-industry supplier raised its full-year guidance, citing stronger-than-expected demand for LEAP civil aircraft engines and spare parts.

Electrical connector manufacturer Amphenol (NYSE:APH) will be announcing earnings results this Wednesday before market open. Here’s what to expect.

The loss ran through the accounting. The payout runs on cash.

A decades-long crackdown on Google's business practices in Europe is entering a costly new phase, as the loss of the first case brought against it under new EU legislation opens the door to a wave of private lawsuits demanding up to $10 billion in damages. That has been precipitated by a $1 billion fine, the first under the Digital Markets Act, imposed on the company for favouring its own services and preventing app developers from ​steering users to cheaper options outside its app store Google Play. "I think this will trigger a new wave of litigation," said Thomas Hoppner, a partner at Geradin Partners, which advised German price comparison platform Idealo for market abuse.

F5 Inc (FFIV) reports an 11% increase in total revenue and raises its fiscal year 2026 growth outlook, despite regional challenges and component cost uncertainties.

OPKO Health Inc (OPK) reports significant revenue growth in pharmaceuticals and a notable reduction in net loss, despite challenges in diagnostics.

Recent inflation trends have forced the Federal Reserve to pause anticipated rate cuts, making high interest rates and small stocks an important topic for investors again. The common belief is that small stocks underperform when interest rates are high or rising. That view is not baseless, outlines Faris Sleem, editor of The Bowser Report.

Cadence Design Systems Inc (CDNS) reports robust financial performance with significant year-over-year growth, driven by strong demand in AI and HPC sectors.

Rambus Inc (RMBS) achieves all-time high revenue and earnings, driven by strong product demand and strategic partnerships, despite ongoing supply chain challenges.

Applied Digital Corp (APLD) reports a 407% revenue increase and outlines ambitious growth plans despite financial challenges.

Amkor Technology Inc (AMKR) reports a 26% revenue increase and announces key partnerships, despite challenges in the communications sector.

Navitas Semiconductor Corp (NVTS) reports a 22% revenue increase and strategic growth in high-power markets, while navigating legal disputes and rising operational costs.

(Bloomberg) -- Taiwanese prosecutors have detained an Nvidia Corp. employee and searched the company’s offices as part of a widening probe into the alleged smuggling of AI accelerators into China, according to people familiar with the matter. Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapASML Slides on Report of China Starting DUV Tool Production

Johnson & Johnson (J&J) has offered to pay $5.5bn (£4.13bn) to resolve tens of thousands of lawsuits in the US alleging its talcum powder caused ovarian cancer. The company said the settlement covers around 76,000 claims, having already settled most cases alleging its talc contained asbestos and caused mesothelioma. J&J's vice president of litigation, Erik Haas, said the move was motivated by a desire to get closure – describing the claims themselves as "meritless".

The company's second quarter was mixed, with a beat on revenue but a wide miss on profitability.

Nvidia has ‌signed ‌leases worth up ​to $50 billion for a data ‌center in ⁠Texas that Hut ⁠8 is building, ​the ​Financial ​Times reported ‌on Tuesday, citing five people familiar with ‌the ​deal. Reuters ​could ​not ‌immediately verify the ​report. (Reporting ​by Gnaneshwar Rajan ​in ‌Bengaluru; Editing ​by Sonia ​Cheema)

The report couldn't be more timely.

South Korea’s Kospi index plunged more than 10% on Tuesday on heavy selling of chipmaking stocks that have gyrated recently due to concerns over the sustainability of the boom in artificial intelligence. Oil prices fell more than 1%, while U.S. futures were little changed. Trading was temporarily halted as Kospi dropped to its lowest level since April as shares in chipmakers Samsung Electronics and SK Hynix dropped sharply.

Nvidia has signed leases worth up to $50bn for a massive Texas data centre, a previously undisclosed commitment that shines a new spotlight on...

Paramount Skydance, Uber and Stem fell to fresh annual lows on Monday amid growing regulatory, competitive, and financial concerns.

Investors were betting the S&P 500’s next leg higher would come from a broader rally, with more cyclical and speculative stocks joining the biggest winners. Morgan Stanley sees something else. Instead of spreading the risk, investors are apparently retreating toward high-quality ...