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Asia-Pacific businesses are frantically trying to explore how to best use AI to improve productivity, according to new survey data from Microsoft, which the company’s new Asia president credits to the region’s rapid climb up the value chain. “We’ve been through an inflection point where the two decades of ‘Made in’—’Made in China’ and ‘Made … Read more
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Major U.S. stock indices ended Monday in positive territory, while Bitcoin reclaimed the $85,000 level and is now up 7% over the past week. Investor sentiment improved after President Donald Trump announced exemptions on smartphones, computers, and other components from his “reciprocal” tariffs. Apple (AAPL) shares gained after analysts at KeyBanc Capital Markets upgraded the … Read more
Stock futures pointed higher Sunday night, signaling more gains after markets endured a series of wild swings last week as President Donald Trump’s tariff regime has been a moving target. Futures for the Dow Jones Industrial Average rose 124 points, or 0.31%, while S&P 500 futures were up 0.58%, and Nasdaq futures jumped 0.85%. The … Read more
President Donald Trump’s “Liberation Day” tariffs are already sending rates to the steepest levels in a century, but they could go even higher. According to a note from UBS analysts on Friday, the latest salvo of import taxes will send the effective rate to 25%, up from 2.5% before the 2024 election. But it’s not … Read more
Home Depot Inc., the world’s largest home improvement retailer, in its Q4 earnings call highlighted a cautious outlook for 2025, projecting 1% comparable sales growth amid continued pressure on larger remodeling projects due to high interest rates, despite some improvement in housing turnover. Management reported positive transaction comps for the first time in over three … Read more
Coupang’s stock price gained as much as 6.1% in after-hours trading in New York. Its shares are up 10% for the year. Read More
Philadelphia Mayor Cherelle Parker warned Eagles fans about their post-Super Bowl LIX celebrations after their last one left at least one person dead and several injured in separate incidents. The Eagles are set to take on the Kansas City Chiefs on Sunday night in a rematch of Super Bowl LVII. Philadelphia officials have made clear … Read more
A Duolingo logo is seen on a smartphone. Pavlo Gonchar | LightRocket | Getty Images Duolingo shares rose nearly 7% on Thursday following a large spike in users signing up to learn Mandarin in conjunction with soaring usage of Chinese social media app RedNote, a TikTok rival. The company confirmed to CNBC that there’s been … Read more
Early this May, an airline pilot, two entrepreneurs and a government minister will wait for the call to mobilise. The British group’s gear will already be at Everest base camp alongside Lukas Furtenbach, an Austrian mountain guide. As soon as he declares that a weather window is about to open, his clients will dash to … Read more
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