AI signage at the Robert Bosch booth at the Beijing Auto Show in Beijing, China, on Saturday, April 25, 2026. Bloomberg | Bloomberg | Getty Images BEIJING — Electric carmakers in China are layering on more of the same artificial intelligence features as they try to survive a prolonged price war in the world’s largest…
The steering wheel on an Inceptio Technology autonomous truck in Jinan, Shandong Province, China, on Thursday, April 18, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — While AI updates make headlines every few weeks, those advances are not enough to get self-driving vehicles on the road more quickly. That’s according to Chinese autonomous trucking…
Pedestrians at Pitt Street Mall in Sydney, Australia, on Thursday, July 24, 2025. Brendon Thorne | Bloomberg | Getty Images Markets in Australia and Japan were set to climb Tuesday, mirroring gains on Wall Street that saw both the S&P 500 and Nasdaq Composite reach new highs. This comes as investors took in strong earnings…
Israeli Soldiers secure the opening of a tunnel near the border with Israel on December 15, 2023, northern Gaza Strip. Amir Levy | Getty Images Earlier this month, the Bank of Israel slashed its growth forecast for this year, citing the hostilities in the Middle East. But, remarkably for a country that has been on…
Alexander Manzyuk | Reuters Oil extended gains as a report suggested the U.S. military would brief President Donald Trump on potential action against Iran, raising worries that armed conflict could resume, building on the American blockade of Iranian exports. Axios reported Thursday that the U.S. Central Command was set to present Trump plans for potential…
Shares of Amazon rose after the tech giant reported stronger-than-expected first-quarter results, driven by a continued acceleration of growth in its Amazon Web Services unit. Revenue increased 17% year over year to $181.52 billion, beating the consensus analyst estimate of $177.3 billion, according to LSEG data. Earnings per share based on generally accepted accounting principles…
Bill Ackman’s long-awaited push into public markets debuted Wednesday, marking a scaled-back but still ambitious step toward building a Berkshire Hathaway-like investment platform. The Pershing Square Capital Management founder’s combined initial public offering raised $5 billion, pricing at the low end of expectations after marketing a deal that initially targeted between $5 billion and $10…
An unusually divided Federal Reserve on Wednesday held its key interest rate steady as policymakers grappled with the policy impact of persistent inflation and awaited a looming leadership transition at the central bank. In what may have been Chair Jerome Powell‘s final meeting at the helm, the rate-setting Federal Open Market Committee voted to hold…
Yum Brands on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by another strong quarter for Taco Bell. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.50 adjusted vs. $1.38 expected Revenue: $2.06 billion vs. $2.04 billion expected Yum reported…
Shares of Meta Platforms are recovering from a bruising stretch earlier this year, when investors shied away from the social media giant’s massive investment in artificial intelligence. Wednesday’s earnings will determine whether that rebound will continue. The stakes are high: Meta is in the midst of one of the most aggressive AI buildouts of all…
