Asian equities surged on Thursday after strong earnings and forecasts from chip giants Micron and Qualcomm helped alleviate some concerns over the red-hot AI rally that has pushed global stocks to record highs.
A Milan prosecutor’s crusading labour investigations have forced companies to grant fuller employment rights to more than 60,000 workers and recouped more than €1 billion ($1.1 billion) in unpaid taxes, but also sparked a heated debate over whether the judiciary in Italy is overstepping its role.
Just two days after SpaceX made its historic market debut, a Chinese space startup held an investor roadshow for its maiden fundraising round by touting a mission to help China catch up with the U.S. in the race to the heavens.
U.S. Secretary of State Marco Rubio will meet with Bahrain officials on Thursday on the final leg of a trip to the Middle East where he has sought to sell the Trump administration’s preliminary Iran accord to skeptical Gulf Arab allies.
U.S. President Donald Trump said on Wednesday it may never be known who was at fault for a deadly strike on a girls’ school in Iran on February 28, the first day of the Iran war, that killed scores of children.
Many Venezuelans were at home when the quakes struck during a public holiday.
New York City Mayor Zohran Mamdani scored a massive political victory on Tuesday when his trio of insurgent congressional candidates toppled two incumbents and the establishment favorite in an open seat, results some described as “a political earthquake” for Democrats.
Micron forecast quarterly profit and revenue well above expectations on Wednesday and said its customers had committed $22 billion to lock in future supply of memory chips, sending its shares surging 12% in after-hours trading.
Wendy’s highly shorted shares jumped to a more than seven-month high on Wednesday as retail traders flocked to the beaten-down stock of the fast-food chain, in the latest meme-like rally.
Brazilian Senator Jaques Wagner, a close ally of President Luiz Inacio Lula da Silva, stepped down as the government’s leader in the Senate on Wednesday, becoming another high-profile casualty of a widening corruption investigation and posing new risks for Lula ahead of October’s election.