Year: 2026
SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry
The SK Hynix Inc. logo is displayed on a glass door at the company’s office in Seoul, South Korea, on Monday, Jan. 27, 2014. SK Hynix aims to select a U.S. site for its advanced chip packaging plant and break ground there around the first quarter of next year. SeongJoon Cho | Bloomberg | Getty […]
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U.S. handing over seized tanker to Venezuela, officials say: Reuters
People walk in front of a crude oil tanker at Maracaibo Lake in Maracaibo, Venezuela, on January 12, 2026. After the US raid that deposed Nicolas Maduro as Venezuela’s leader, citizens hope the ensuing talks on selling its oil to US may improve their dire economic fortunes. (Photo by Margioni BERMÚDEZ / AFP via Getty […]
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Advantest shares jump as much as 14% as AI chip boom drives record sales and higher profit outlook
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Shares of Japanese semiconductor equipment maker Advantest jumped as much as 14% Thursday after the company posted record quarterly sales, before paring gains to about 7%. Operating profit for […]
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CNBC Daily Open: Fed expectedly keeps rates steady — the intrigue was elsewhere
Federal Reserve Chair Jerome Powell pauses while speaking during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Jan. 28, 2026 in Washington, DC. Kevin Dietsch | Getty Images As expected, the U.S. Federal Reserve left its key interest rate steady in a range between 3.5%-3.75%. But what investors were […]
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Gold and silver keep hitting record highs. Is the precious metals market ‘broken’?
Gold extended its a relentless rally on Thursday, crossing past $5,500 per ounce and hitting another record high. Spot gold prices gained more than 3%, and were last trading at $5,501.18 an ounce, according to LSEG data. Gold futures for February rose over 3% to reach $5,568.66 per ounce. Spot silver prices advanced over 2% […]
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Meta’s Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg plans to ramp up his company’s spending on artificial intelligence in 2026. Wall Street seems fine with that plan. […]
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Gold prices jump more than 3% as Asia markets set to trade mixed after U.S. Fed holds rates
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Spot gold prices rose to a fresh record Thursday after the U.S. Federal Reserve overnight kept its benchmark rate steady at a target range of 3.5% to 3.75%. The bullion rose more than 3% to breach the $5,500 per ounce […]
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Samsung’s fourth-quarter profit triples, beating estimates as AI chip demand fuels memory shortage
Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported an over threefold surge in fourth-quarter profits on Thursday, hitting a new record and beating analysts’ estimates, as a memory chip shortage and strong demand for artificial intelligence servers lifted earnings. Here are […]
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Nasdaq 100 futures rise after tech giants post quarterly earnings: Live updates
A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Michael Nagle | Bloomberg | Getty Images Nasdaq 100 futures rose on Wednesday night after the release […]
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Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots
A Model X is on display at a Tesla showroom on February 13, 2021 in Beijing, China. VCG | Visual China Group | Getty Images Tesla CEO Elon Musk said on Wednesday that the automaker is ending production of its Model S and X vehicles, and will use the factory in Fremont, California, to build […]
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