Year: 2026
China factory activity tops expectations in April — but growth slows as new orders soften
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images China’s factory activity topped analysts’ expectations in April, although growth slowed from the prior month when it hit a year-high, as new orders saw a […]
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CNBC Daily Open: Trump’s big threats and Big Tech’s bigger wallets
Iran is back at the top of our headlines after U.S. President Donald Trump threatened Tehran again. Source
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Investors still trust Google more than Meta when it comes to spending their money on AI
Sundar Pichai, CEO of Alphabet. Source: Alphabet Meta and Alphabet both beat expectations in their earnings reports on Wednesday, each recording their fastest growth in years. They also lifted their guidance for capital expenditures for the year, telling investors that they’re going to keep pouring money into artificial intelligence infrastructure. But despite their similarly upbeat […]
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Inside India newsletter: AI is exposing cracks in India’s growth story as it hits high-paying IT jobs
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Over the past two decades, India’s IT sector has been driving a consumption boom that has in many ways anchored the India growth story. […]
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Microsoft delivers a promising quarter but can’t shake the software fears
Microsoft on Wednesday reported better-than-expected quarterly results and issued a strong forecast for its all-important Azure cloud unit. But key debates hanging over the stock weren’t put to bed, resulting in a muted reaction in extended trading. Here’s a look at some of the key metrics in Microsoft’s fiscal 2026 third quarter versus the Wall […]
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Asia-Pacific markets open lower as oil climbs on Iran tensions, Fed holds rates
A man passes an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on March 31, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images) Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets opened mostly lower Thursday, tracking overnight losses in key Wall Street benchmarks as […]
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Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts’ estimates, as demand for artificial intelligence […]
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Alphabet increases AI spending but gets rewarded for further proof that it’s paying off
Alphabet reported a monster quarter, with revenue more than $2.5 billlion ahead of expectations and earnings nearly doubling the Street estimate. Revenue in the first quarter increased 22% year-over-year to $109.9 billion, well ahead of the $107.2 billion expected, according to LSEG data. Earnings per share surged 82% to $5.11, well ahead of the LSEG-compiled […]
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We’re raising our price target on Amazon after its all-around killer quarter
Shares of Amazon rose after the tech giant reported stronger-than-expected first-quarter results, driven by a continued acceleration of growth in its Amazon Web Services unit. Revenue increased 17% year over year to $181.52 billion, beating the consensus analyst estimate of $177.3 billion, according to LSEG data. Earnings per share based on generally accepted accounting principles […]
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Anthropic in talks with investors to raise funds at $900 billion valuation, higher than OpenAI
Dario Amodei, co-founder and chief executive officer of Anthropic, during the company’s Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. Samyukta Lakshmi | Bloomberg | Getty Images Anthropic has been chasing OpenAI since the launch of ChatGPT in late 2022. It appears to have finally caught up. The artificial intelligence startup, founded five […]
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