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A look at the day ahead in European and global markets from Rae Wee The global chip rout extended into Friday, with stocks in Taiwan and Japan bearing the brunt of the beating, while South Korean

Extreme volatility in South Korea’s world-beating stock market is alarming policymakers, who fear trading is being driven more by leverage than...

(Bloomberg) -- A selloff in Asian chip stocks gathered pace, as Taiwan Semiconductor Manufacturing Co.’s strong results failed to clear investors’ lofty expectations, stoking worries over heavy spending and a weaker outlook for profitability. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsCIA Says AI Drones Give Russian Troops Onl

That guidance miss didn't help improve sentiment on the beaten-down streaming giant.

Netflix highlights long-term growth through subscriptions, pricing and ads despite short-term investor concerns over slower quarterly momentum.

By Daniel Becerril and Sarah Morland MONTERREY, July 16 (Reuters) - With balloons, confetti and optimism, U.S.-based Cal-Mex food chain Chipotle on Thursday opened its first restaurant in the country,

Netflix shares sank nearly 9% after issuing third-quarter revenue guidance below Wall Street's $13 billion estimate.

(Bloomberg) -- President Xi Jinping hailed China’s progress in developing low-cost artificial intelligence, pressing his personal imprint on the country’s rapidly expanding global influence to call for a more open technological order.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsCIA Says AI Drones Give Russian Troops Only 30 Minu

Cathie Wood, CEO of Ark Investment Management, is known for buying high-growth stocks soon after they go public, especially when share prices pull back after an early rally. That's exactly what she's doing with SpaceX this week, adding more than $36 million worth of the newly public stock as it ...

A federal judge has dismissed a lawsuit filed against the coffee shop giant, agreeing that its former CEO did not make “flagrantly false” statements about its sales results.

Though the stock market has been dilly-dallying, as the British would say, UBS is sticking to its bullish outlook for the S&P 500. Though not a price-target reset, the bank’s latest message sharpens the debate over what must happen next for stocks to continue climbing. Earlier gains were ...

Brookfield (NYSE:BN) shareholders approved a key transaction resolution at the company’s annual and special meeting, advancing a plan to combine Brookfield Corporation and Brookfield Wealth Solutions Ltd. under a single publicly traded company referred to during the meeting as New BN. Frank McKenna

A rare early warning from one of tech's oldest names doubles as a map of enterprise spending right now.

When I was in college, Target used to be my go-to destination for clothes, throw pillows, and other random stuff I couldn't really afford but bought anyway. And it wasn't just me. The old joke used to go that you'd walk into Target for milk and paper towels and leave with a $100 credit card ...

U.S. markets bled amid rising AI concerns after Taiwan Semiconductor Manufacturing massively hiked its capital expenditures for 2026.

Coatue Management is leading a $3 billion investment in Databricks, a data-analytics software provider, that values the company at $188 billion, according to people familiar with the matter. The new financing represents a 40% increase from its valuation in December, when Databricks raised money at a $134 billion valuation. It recently released a new software tool, called Unity AI Gateway, that allows companies to access AI models and track their spending on the technology.

Databricks said on Thursday it has signed a term sheet for a strategic ‌funding round that values the data analytics software firm ‌at $188 billion. • The round, which Databricks expects ​to close later this summer, is being led by existing investor Coatue and will include both new and existing investors. • Databricks, one of the world's most valuable privately ‌held companies, earlier this ⁠year completed a fundraising of about $5 billion at a $134 billion valuation.

By Rae Wee SINGAPORE, July 17 (Reuters) - Asian stocks got off to a rocky start on Friday as the drag from chipmakers weighed on global equity indexes, while oil prices were set for their sharpest

Legendary investor and now-retired CEO of Berkshire Hathaway (BRK.A, BRK.B), Warren Buffett, spent decades teaching investors that knowing what to sidestep is probably as important as finding what to buy. The Oracle of Omaha zeroed in on businesses with predictable demand, durable pricing power, ...

KeyBanc expects major stock unlocks beginning around Q2 earnings, potentially expanding tradable supply sharply.

Nebius Group’s latest $1 billion artificial intelligence contract suggests customer demand is not the company’s biggest problem. Paying to build the capacity may be. AI startup Reflection said on July 14 that it had signed a deal worth more than $1 billion to secure computing capacity from Nebius ...

(Bloomberg) -- On a video conference call from Hangzhou earlier this year, one of China’s hottest startups held a four-hour pitch meeting with potential venture investors that was unusual by almost any measure. Only two representatives per institution were allowed. The majority of those present were getting a glimpse of the company’s leader for the very first time.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Cat

CEO Hemsley reports 55% operating earnings growth and raises full-year guidance.

Revenue surged 33.7% as AI demand drives HPC platform growth to 66% of sales.

UnitedHealth Group Incorporated will release earnings for its second quarter before the opening bell on Thursday, July 16. Analysts expect the company to report quarterly earnings of $4.85 per share, up from $4.08 per share in the year-ago period. The...

Moby summary of Intuitive Surgical, Inc.'s Q2 2026 earnings call

AtaiBeckley climbed to a new four-year high on Thursday, as investors bought into its shares following news that Eli Lilly agreed to acquire the company for up to $3.8 billion. In intra-day trading, the stock surged to a record high of $7.22 before trimming gains to end the session just up by 33.40 percent at […]

There's a reason Costco will pretty much let you return any item at any time without a hassle. Costco has built its reputation on offering high-quality products at competitive prices, backed by strict supplier standards and careful product selection. The company knows its products have been ...

Credit cards are changing how the airlines do business, from picking routes to limiting lounge access.

A steep tech rout on Wall Street and a interest-rate hike in Seoul signal a tougher road ahead for the market’s favorite trade.