World
Step aside Tesla, BYD: Japanese carmakers deepen their hold on India’s auto market with hybrids
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. Indian consumers’ desire to shift away from gasoline-based cars should have been Tesla and BYD’s moment to shine in the world’s third-largest auto market. […]
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SK Hynix posts record first-quarter profit, in line with estimates as memory prices climb
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images South Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue […]
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IBM shares turn lower as company beats but opts to maintain guidance
IBM CEO Arvind Krishna appears at a Diwali celebration in the Oval Office of the White House in Washington on Oct. 21, 2025. Allison Robbert | Bloomberg | Getty Images IBM shares slipped 6% in extended trading on Wednesday after the hardware, software and consulting provider reported stronger-than-expected first-quarter results but maintained full-year guidance. Here’s […]
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Strait of Hormuz remains basically closed as Iran seizes ships after Trump ceasefire extension
Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026. Stringer | Reuters Ship traffic through the Strait of Hormuz remained very light on Wednesday, the first day since President Donald Trump extended the ceasefire with Iran. Trump’s decision to unilaterally extend the truce has not opened the […]
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Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him
Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, told lawmakers that he would like the central bank to change its strategy for measuring inflation. But Bank of America economist Aditya Bhave warned Wednesday that such a reconfiguration — part of a broader “regime change” that Warsh has promised for the central bank — […]
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Chubb’s earnings blew past the Street. Here’s why the stock is falling
Evan Greenberg, president and chief executive officer of Chubb Ltd., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019. Patrick T. Fallon | Bloomberg | Getty Images Chubb’s stock is falling on Wednesday despite a big earnings beat and a […]
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Joe Terranova shares why he’s buying Netflix stock as it pulls back after earnings
Joe Terranova sees a long-term opportunity in shares of Netflix , thanks to the company’s shift into live entertainment. Terranova said on CNBC’s ” Halftime Report ” on Wednesday afternoon that he moved to the sidelines on the streaming giant when its shares were trading in the mid-70s. However, its current sell-off has created an […]
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Adobe tries to climb out of the software stock abyss, with a little help from a buyback and Jensen Huang
Adobe could be crawling its way out of the software stock abyss, after a buyback and an endorsement from Nvidia CEO Jensen Huang revived confidence in the digital media provider. Shares of Adobe, the owner of Photoshop and other tools, have been punished lately, plunging 40% below their May 2025 high and into a bear […]
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Tesla set to report first-quarter results after the bell
Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters Tesla reports first-quarter results after the bell on Wednesday. Here’s what Wall Street is expecting, according estimates compiled by LSEG: Earnings per share: 37 cents estimated Revenue: $22.64 billion estimated […]
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Trump administration in advanced talks for Spirit Airlines rescue package, source says
The Trump administration is in advanced talks for a financing package for Spirit Airlines as the carrier is facing the risk of a liquidation, according to a person familiar with the matter. The iconic discounter Spirit has been challenged for years by rising costs, changing consumer tastes, an engine recall and a court-blocked plan to […]
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