News

bg
SK Hynix surges 11% after filing for blockbuster Nasdaq listing

SK Hynix surges 11% after filing for blockbuster Nasdaq...

Shares of South Korean chip giant SK Hynix surged 11% on Thursday after the company...

bg
Trump meets defense CEOs as Iran operations strain U.S. missile stockpiles

Trump meets defense CEOs as Iran operations strain U.S....

The White House is pressing major defense firms to expand missile and munitions...

bg
Anthropic accuses Alibaba of campaign to 'brazenly' and 'illicitly' extract AI capabilities

Anthropic accuses Alibaba of campaign to 'brazenly' and...

The letter, which was obtained by CNBC, claims Alibaba carried out "the largest...

bg
Micron is tech's new margin king as memory crisis pushes company past Nvidia and Meta

Micron is tech's new margin king as memory crisis pushes...

Micron said in its earnings report that its gross margin jumped to 84.9% from 39%...

bg
Micron stock jumps 15% as soaring prices from memory crunch lead to quadrupling of revenue

Micron stock jumps 15% as soaring prices from memory crunch...

Micron's quarterly earnings report follows a 700% surge in the memory maker's stock...

bg
South Korea’s IPO bust clouds equity markets as Chaebol structure restrains listings

South Korea’s IPO bust clouds equity markets as Chaebol...

South Korea's IPO activity has lagged that of its regional peers as the structure...

bg
White House requests $87.6 billion supplemental spending for Iran war, farm aid

White House requests $87.6 billion supplemental spending...

White House Office of Management and Budget Director Russell Vought asked House...

bg
Trump cancels signing of bipartisan housing bill ahead of tense meeting with GOP senators

Trump cancels signing of bipartisan housing bill ahead...

President Donald Trump abruptly canceled the signing of a bill aimed at increasing...

bg
Tech stocks struggle to rebound after global AI sell-off batters chip names

Tech stocks struggle to rebound after global AI sell-off...

Technology stocks mostly rebounded on Wednesday amid choppy trading following a...

bg
Qualcomm stock pops 15% after chipmaker almost doubles projection for 2029 non-handset revenue

Qualcomm stock pops 15% after chipmaker almost doubles...

Qualcomm's primary business has been smartphones, which accounted for two-thirds...