Top China Chipmaker SMIC’s Sales Miss Despite Huawei Boost
Semiconductor Manufacturing International Corp. quarterly revenue fell for the third straight quarter, reflecting the impact of a global
2023-11-09 19:21
SoftBank’s Vision Fund Reports Another Loss of $1.7 Billion
SoftBank Group Corp.’s flagship Vision Fund reported another loss as valuations on some of its bets declined, even
2023-11-09 14:19
Arm Slides After Giving Tepid Forecast in Inaugural Report
Arm Holdings Plc, delivering the first earnings report since its initial public offering, gave a disappointing sales forecast
2023-11-09 05:56
Auto Wage Hikes Complicate the Search for an Affordable EV
A combustion engine has about 2,000 moving parts. An electric motor, by comparison, has about 20. However, the
2023-11-08 23:45
GM’s Cruise Issues Recall After Robotaxi Dragged Pedestrian
Cruise LLC, the robotaxi company owned by General Motors Co., recalled its automated-driving system and deployed a software
2023-11-08 20:55
Bumble Nears Record Low After Revenue Miss, Surprise CEO Change
Bumble Inc. is nearing a record low after giving a worse-than-expected revenue outlook for the quarter, just a
2023-11-08 20:17
Xi to Meet US Business Leaders for Dinner in San Francisco
Chinese President Xi Jinping is set to be the guest of honor at a dinner with top US
2023-11-08 17:51
Arm Leads Trio of High-Stakes Earnings After IPOs
Raising a combined $6.5 billion, three of this year’s biggest US tech listings — Arm Holdings Plc, Klaviyo
2023-11-07 23:18
WeWork Saga Cost Masayoshi Son $11.5 Billion and His Credibility
WeWork Inc.’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese
2023-11-07 20:16
Stocks Rally as Fed’s Rate Hikes Seen Near End: Markets Wrap
Stocks and currencies in Asia rallied after yields on US Treasuries tumbled Wednesday as investors weighed the possible
2023-11-02 15:20
Apple Unveils New Laptops, iMac and Trio of More Powerful Chips
Apple Inc. announced a new iMac, MacBook Pros and the third generation of its in-house Mac processor line,
2023-10-31 09:53
Stellantis, UAW Reach Tentative Agreement to End Six-Week Strike
Stellantis NV reached a tentative contract agreement with the United Auto Workers to end a six-week strike, following
2023-10-29 01:29