Arm shares fall as tepid forecast takes shine off AI optimism
(Reuters) - Shares of Arm Holdings fell 8% in premarket trading on Thursday as the chip designer's downbeat annual revenue fo...
23h ago
Canada fines Binance $4.38 million for money laundering violations
(Reuters) - Canada's anti-money laundering agency on Thursday said it had imposed a nearly C$6 million ($4.38 million) fine o...
23h ago
SMIC misses Q1 profit estimates
By Liam Mo and Brenda Goh BEIJING (Reuters) - Semiconductor Manufacturing International Corp reported first-quarter net incom...
May 09, 2024
Roblox cuts annual bookings forecast on muted player spending
By Zaheer Kachwala (Reuters) - Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back o...
May 09, 2024
Tower Semiconductor Q1 revenue falls on weak demand
(Reuters) - Israel-based contract chipmaker Tower Semiconductor reported a 7% decline in first-quarter revenue on Thursday re...
May 09, 2024
Robinhood jumps as retail trading rebound powers record quarter
(Reuters) - Robinhood Markets jumped in premarket trading on Thursday after reporting record first-quarter revenue and profit...
May 09, 2024
Explainer-How dependent is China on US artificial intelligence technology?
By Josh Ye HONG KONG (Reuters) - The Biden administration plans to put guardrails on U.S.-developed artificial intelligence (...
May 09, 2024
Exclusive-Huawei's new phone uses more China-made parts, memory chip
By David Kirton and Brenda Goh SHENZHEN/SHANGHAI (Reuters) - Huawei's latest high-end phone features more Chinese suppliers, ...
May 09, 2024
Factbox: What is in Huawei's new Pura 70 smartphones
(Reuters) - Huawei's new high-end Pura 70 smartphone series quickly sold out after it was launched last month with analysts t...
May 09, 2024
Disney, Warner Bros to offer streaming bundle of Disney+, Hulu and Max
LOS ANGELES (Reuters) -Walt Disney and Warner Bros Discovery will offer a bundle of the Disney+, Hulu and Max streaming servi...
May 08, 2024