News

Novo Nordisk stock rose as it raised its guidance on the back of the strong performance of its weight-loss pill.

French energy technology firm Schneider Electric plans to open a Southeast Asian training centre in ‌Malaysia this year, a senior executive said on Wednesday, as ‌a boom in artificial intelligence infrastructure drives up power demand in the region. Southeast Asia's ​data centre capacity is expected to grow threefold by 2030, according to analysts, with Malaysia emerging as a major hotspot, attracting investments from tech giants such as Microsoft, Amazon and Alphabet's Google in recent years.

The benchmark index crossed the 7,000 mark for the first time ever, largely thanks Samsung Electronics, one of the world’s largest memory-chip makers and a heavyweight in the index. Samsung’s shares climbed more than 14%, ushering the company into the rarefied club of companies with a market valuation of more than $1 trillion. Samsung said during its earnings call last week that its production capacity was already fully sold out for this year.

By Nell Mackenzie and Summer Zhen LONDON, May 5 (Reuters) - Hedge funds pounced on the U.S

By Lewis Krauskopf NEW YORK, May 6 (Reuters) - A humming U.S. corporate profit engine is at the heart of the U.S. stock market's rally to record highs - an encouraging sign for investors as long as

Total prescriptions for the new Wegovy pill reached around 1.3 million in the first quarter and have exceeded 2 million since it launched.

U.S. semiconductor stocks rose on Wednesday as Advanced Micro Devices' strong outlook boosted investor confidence about sustained demand for AI infrastructure and that a ‌shift toward CPUs would spur the next leg of spending. AMD jumped nearly 18% in premarket ‌trading and is on track to hit a record high if gains hold in market hours, while rival Intel rose 6%. Chip designer Arm Holdings soared 11%, while Qualcomm gained about 4%.

Gold has done exactly what its defenders promised over the past year, and the numbers explain why allocators are revisiting the metal as a real portfolio building block. iShares Gold Trust (NYSEARCA:IAU) returned 42% in the twelve months through May 1, 2026, a stretch that overlapped with sticky core inflation, three Federal Reserve rate cuts, ... IAU Returned 42% in a Year of Sticky Inflation. Here’s Why Allocators Are Reconsidering Gold

Profits have never been a sure thing in the volatile industry. Memory chip makers Micron Technology and Sandisk as well as hard-drive makers Seagate and Western Digital have all produced annual operating losses at least once in just the last three years. Sandisk and Micron are now generating around 80 cents of gross profit for every dollar of revenue.

U. S. stock futures moved higher on Wednesday after President Donald Trump paused a military initiative aimed at reopening the Strait of Hormuz and signalled progress toward a possible peace agreement with Iran.

Investing.com -- Advanced Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, driven by strong demand for its data center chips. Shares rose 17% in premarket trading on Wednesday.

Why Emerson Electric’s latest quarter matters for investors Emerson Electric (EMR) has investors’ attention after reporting second quarter earnings that included year over year growth in sales and net income, alongside a modest increase in full year guidance. For the quarter ended March 31, 2026, Emerson Electric reported sales of US$4,562 million compared with US$4,432 million a year earlier. Net income was US$618 million versus US$485 million, with basic and diluted earnings per share from...

Coupang (NYSE:CPNG) executives told investors the company is seeing steady improvement in customer activity following a data incident that weighed on late 2025 results, while near-term profitability remains pressured by one-time customer vouchers and temporary network underutilization. Recovery tre

Kevin Warsh wants to change how the Federal Reserve conducts monetary policy.

Shares in Wegovy maker Novo Nordisk surged this morning after it reported strong demand for its new weight-loss pill and upgraded its guidance. The Danish drugmaker said total prescriptions for the Wegovy pill reached around 1.

Shares have tumbled 12% in 2026, dragged down by concerns about slow earnings growth and macro headwinds.

U.S. stocks looked set to extend record highs after Trump walked back an effort to guide commercial ships through the Strait of Hormuz, easing concerns of a near-term escalation in the U.S.-Iran war.

Cameco (NYSE:CCJ) executives said first-quarter 2026 results were in line with the company’s annual plan and reiterated full-year guidance, while offering extensive commentary on the outlook for nuclear power, uranium contracting, and growth opportunities tied to Westinghouse’s AP1000 reactor techno

Peabody Energy (NYSE:BTU) executives highlighted stronger-than-expected thermal performance, improving seaborne market conditions, and a detailed remediation plan at its Centurion metallurgical operation during the company’s first-quarter 2026 earnings call. Management also discussed early-stage dev

By Sai Ishwarbharath B and Haripriya Suresh BENGALURU, May 6 (Reuters) - India's offshore technology centers are expected to have generated $98.4 billion in revenue for fiscal 2026, nearing levels

Long-term demand is the most important focus for nVent.

EPS on a GAAP basis increased to $1.61 from $1.50.

After another dizzying rally yesterday, Intel shares closed at $108.15 a share. With the latest 13% gain, the back-in-favor-again chip giant can claim these accolades: Its market cap of $544 billion, a record for the company, now exceeds that of Oracle and Johnson & Johnson, according to Dow Jones Market Data.

Earnings season marches on this week as investors will hear from big companies including Walt Disney, McDonald's and CoreWeave. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.

Oil prices slipped and stocks advanced on hopes that the U.S. and Iran can avoid resuming their full-scale war. The United Arab Emirates said it was intercepting new attacks from Iran hours after the U.S. said Iran's latest military actions didn't rise to the level of violating the cease-fire. U.S. officials sought to play down the events of the past 24 hours, including Iran’s targeting of American warships and attacks on other vessels in the Strait of Hormuz.

(Bloomberg) -- Samsung Electronics Co.’s market valuation topped $1 trillion after shares in the world’s largest memory maker more than quadrupled over the past year on booming demand for the chips used in artificial intelligence.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysAnthropic Unveils AI Agents to Field Financial Services TasksUS Says Offensive Phase of Iran War Over as Ship Hit in StraitTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite H

May 6 (Reuters) - European shares rose on Tuesday, with oil prices dropping and investor optimism rising after U.S.

Aptiv (NYSE:APTV) reported first-quarter 2026 results alongside the completion of a major portfolio shift, after the company separated its Electrical Distribution Systems (EDS) business into a newly independent public company, Versigent. Executives said the move sharpens Aptiv’s focus on advanced so