Volkswagen reported a sharp decline in first-quarter earnings, as tariff pressures, geopolitical tensions and rising competition impacted performance.Europe’s largest carmaker posted an operating profit of 2.5 billion euros ($2.9 billion) for the first three months of the year. This marked a 14% drop compared with the same period last year.…
OKX has introduced an open standard for agent-led transactions, rolling out its Agent Payments Protocol to support full-cycle business activity handled by AI systems.According to OKX, the newly launched protocol extends beyond simple transfers by enabling AI agents to manage commercial processes such as pricing, negotiation, escrow, settlement, and dispute…
Prices for Nvidia’s advanced B300 servers in China have surged sharply, nearing 7 million yuan (around $1 million), as strong demand for artificial intelligence computing equipment collides with tightening supply.The increase reflects a near doubling from around 4 million yuan late last year.As per the sources cited by Reuters, the…
Microsoft stock (NASDAQ: MSFT) delivered another strong quarter on Wednesday, beating Wall Street’s earnings estimate and showing that demand for its AI products is still running hot.Diluted earnings came in at $4.27 a share, above the $4.07 consensus, while Azure and other cloud services revenue rose 40% year over year.Microsoft…
The semiconductor trade is still being powered by one enormous number as global chip sales are on track to reach $1 trillion in 2026, after a 25.6% jump in 2025.The hyperscalers, led by Microsoft, Alphabet, Amazon and Meta, are projected to spend more than $600 billion this year on AI-related…
Taylor Wimpey share price continued its relentless freefall, reaching its lowest level July 2023, down by over 46% from its since July 2023. It has plunged by over 45% from its highest point in October 2024, erasing billions of dollars in value. This crash may continue in the foreseeable future…
Airbus reported a sharp decline in first-quarter earnings on Tuesday, as supply chain disruptions—particularly engine shortages—curbed aircraft deliveries and weighed on profitability.Adjusted operating profit fell 52% year-on-year to 300 million euros, well below analyst expectations of 348 million euros. Revenue declined 7% to 12.65 billion euros in the three months…
Asian markets began on Wednesday on an uneven footing as investors weighed multiple factors.The sentiment appeared cautious following a technology-led selloff in the United States, fresh concerns about the sustainability of AI spending, and lingering tension surrounding the Iran conflict.The tone across the region is not outright risk-off, as traders…
The US stock market has seen a massive reallocation of capital toward artificial intelligence (AI) infrastructure stocks in recent years.Yet, a paradox has emerged – several of the sector’s most indispensable leaders are still trading at valuations that arguably discount their multi-year growth trajectories.For disciplined investors, bargains are no longer…
Shares of Maruti Suzuki India rose 4% on Wednesday after investors looked past the carmaker’s weaker-than-expected quarterly profit and instead focused on stronger volume prospects, resilient demand for small cars and an aggressive capacity expansion plan.The reaction suggested the market was willing to forgive near-term margin pressure in favour of…