Finance
A Crude Awakening on Inflation Is Hitting Markets
Hope that the Iran conflict will end any time soon is being abandoned.
Finance
Novo-Backed Drugmaker Avalyn Raises $300 Million in Upsized IPO
Avalyn Pharma Inc., a biopharma company developing inhaled treatments for rare lung diseases, raised $300 million in a U
Finance
Samsung profit surges over eightfold to beat estimates as AI boom fuels memory chip crunch
Samsung Electronics reported an over eightfold increase in first-quarter operating profits, hitting a new record and bea
Finance
Indian Stocks’ April Rally Masks Fragile Underpinnings
Higher oil prices, persistent foreign outflows pose risks to the market.
Finance
China factory activity tops expectations in April — but growth slows as new orders soften
The official purchasing managers' index reading of 50.3 was higher than the the 50.1 expected by Reuters-polled economis
Finance
Microsoft calls for $190 billion in 2026 capital spending on soaring memory prices
Microsoft's forecast on revenue and operating margin was light, but the company sees $190 billion in 2026 capital spendi
Finance
Saudi Arabia's PIF to end funding of LIV Golf league after this season
A committee of independent directors will evaluate strategic alternatives for LIV Golf after PIF pulls its funding, peop
Finance
Oil Hits Wartime High on Report US Eyeing Iran Military Options
Brent oil rallied to a wartime high after Axios reported that US President Donald Trump is set to receive a briefing on
Finance
Amazon earnings beat expectations with strong cloud growth
Revenue in Amazon's cloud computing segment expanded 28% year over year, topping analysts' estimates.
Finance
Meta shares slide as investors weigh Big Tech's AI spending spree
Meta, Amazon, Alphabet and Microsoft all reported earnings at the same time on Wednesday.
Finance
Inside India newsletter: AI is exposing cracks in India’s growth story as it hits high-paying IT jobs
India’s IT sector fueled consumption growth, but AI is reducing mass hiring now, revealing a shortage of quality jobs, r
Finance
AI-Led Rally in Asia Stocks Masks Deeper Damage from Iran War
Asia’s artificial intelligence-fueled rally is masking signs of strain, with gains in tech names overshadowing the impac