CXMT’s stellar debut sets stage for next test against memory giants
CXMT‘s blockbuster Shanghai debut has put it in the spotlight, but analysts say closing the technology gap in advanced memory chips, not investor enthusiasm, will determine whether it can challenge the global market leaders. The Chinese memory…
BOJ holds rates at 1%, warns of underlying inflation above target
A Japanese flag at the Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Tuesday, June 30, 2026. New BOJ Board Member Ayano Sato said the country’s inflation views aren’t very strong yet, suggesting her tilt toward accommodative policy as…
China’s factory activity unexpectedly contracts in July
LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co., Ltd. on July 25, 2026 in Liuzhou, Guangxi Zhuang Autonomous Region of China. He Huawen | Visual China Group | Getty Images…
SK Hynix, Samsung stocks: AI rally roars back
Omar Marques | Lightrocket | Getty Images South Korea’s chip heavyweights SK Hynix and Samsung Electronics skyrocketed in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived…
Anthropic says Claude ‘gained unauthorized access’ to others’ systems
Dario Amodei, co-founder and chief executive officer of Anthropic, at Bloomberg House during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026. Chris Ratcliffe | Bloomberg | Getty Images Anthropic on Thursday said it…
Microsoft’s Xbox chief lays out plan to pass rivals on margin by 2030
Asha Sharma, CEO of Xbox at Microsoft, speaks at the Bloomberg Tech conference in San Francisco on June 4, 2026. David Paul Morris | Bloomberg | Getty Images Microsoft’s new Xbox chief is looking to push the gaming unit’s margin back in line…
Coinbase shares fall after crypto exchange posts disappointing second-quarter results
Jakub Porzycki | Nurphoto | Getty Images Coinbase shares dropped in extended trading on Thursday after the crypto platform posted a wider-than-expected loss for the second quarter, underscoring the continued troubles resulting from a deepening crypto…
Amazon (AMZN) Q2 earnings report 2026
Amazon reported better-than-expected revenue and cloud growth for the second quarter. The stock shot up more than 9% in extended trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $5.75 a…
Trump floats pulling Blanche AG nom until after GOP holdouts leave
Acting U.S. Attorney General Todd Blanche arrives to speak during a news conference at the Robert F. Kennedy Department of Justice building on April 07, 2026 in Washington, DC. Chip Somodevilla | Getty Images President Donald Trump on Thursday said he is…
Apple and Amazon report after the bell. Here’s what the options market is saying
Apple CEO Tim Cook at the World Economic Forum annual meeting in Davos, Switzerland, Jan. 20, 2026. Ludovic Marin | AFP | Getty Images Earnings on deck this afternoon for Apple and Amazon will likely decide if the stock market can end what’s so far…