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Samsung shares rise nearly 5% on record-breaking earnings forecast buoyed by AI chip demand
World

Samsung shares rise nearly 5% on record-breaking earnings forecast buoyed by AI chip demand

Shares of Samsung Electronics rose as much as 4.8% on Tuesday after the South Korean technology giant forecast record quarterly profit amid strong demand for artificial intelligence chips. Shares later pared gains to trade up 0.52%. In its preliminary earnings guidance, Samsung projected its operating profit for the January-March quarter to reach 57.2 trillion won […]

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CNBC Daily Open: Markets hold breath as Trump’s Iran deadline nears
World

CNBC Daily Open: Markets hold breath as Trump’s Iran deadline nears

U.S. President Donald Trump arrives to speak in the Cross Hall of the White House on April 1, 2026 in Washington, DC. Alex Brandon-Pool | Getty Images News Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Suspense is building ahead of U.S. President Donald Trump’s […]

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Broadcom agrees to expanded chip deals with Google, Anthropic
Technology

Broadcom agrees to expanded chip deals with Google, Anthropic

Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on September 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom said Monday that it’s agreed to produce future versions of artificial intelligence chips for Google, and signed an expanded deal with Anthropic that will give the AI startup access to […]

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S&P 500 rises as investors await possible Iran and U.S. ceasefire: Live updates
World

S&P 500 rises as investors await possible Iran and U.S. ceasefire: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on April 2, 2026. Charly Triballeau | Afp | Getty Images The S&P 500 rose on Monday following a winning week as oil prices pulled back, with traders weighing the odds that the U.S.-Iran war could […]

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Japan’s Sakura Internet jumps 20% as Microsoft plans  billion AI push with SoftBank
World

Japan’s Sakura Internet jumps 20% as Microsoft plans $10 billion AI push with SoftBank

Microsoft’s Vice Chair and President Brad Smith (L) and Japan’s Prime Minister Sanae Takaichi pose before their meeting at the Prime Minister’s Office in Tokyo on April 3, 2026. Kazuhiro Nogi | Afp | Getty Images Shares of Sakura Internet surged as much as 20.2% Friday after Microsoft said it has begun discussions with the […]

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Macquarie: India could emerge as an ‘AI powerhouse’ and names top stocks to watch
World

Macquarie: India could emerge as an ‘AI powerhouse’ and names top stocks to watch

Despite being a global software powerhouse, India has been perceived as a laggard in the artificial intelligence space, with no current domestic chip industry or full-scale foundational AI model . But that narrative is set to change, according to Macquarie. The narrative of India as an AI bystander could shift to it being an “AI […]

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Oracle stock rises in premarket on plans to cut thousands of jobs
Technology

Oracle stock rises in premarket on plans to cut thousands of jobs

Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle rose in premarket trading on Wednesday as the multinational tech conglomerate looks to cut thousands of jobs to free up cash to build AI data […]

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Shares of China AI ‘tiger’ Zhipu surge 35% after revenue doubles in first earnings report
Technology

Shares of China AI ‘tiger’ Zhipu surge 35% after revenue doubles in first earnings report

The Zhipu AI logo is seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Shares of Chinese artificial intelligence company Knowledge Atlas Technology JSC, better known as Zhipu, surged as much as 35% on Wednesday, after posting strong revenue growth in its first earnings report.  The Beijing-based company later pared gains […]

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Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: ‘Redmond is in a pickle’
World

Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: ‘Redmond is in a pickle’

Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft just closed out its worst quarter on Wall Street since the 2008 financial crisis, as investors soured on the software giant’s prospects in artificial intelligence. The stock plunged […]

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OpenAI closes record-breaking 2 billion funding round as anticipation builds for IPO
Technology

OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO

CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. Kylie Cooper | Reuters OpenAI on Tuesday announced that it closed a record-breaking funding round at a post-money valuation of $852 billion. The round totaled $122 billion of committed […]

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