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The U.S. is set to exclude over 30 key allies including Japan and the Netherlands from expanded new rules aimed at blocking China’s access to chipmaking equipment, Reuters reported

Prada shares rose in Hong Kong after the Italian luxury-fashion giant reported strong sales and revenue growth

Mining giant Rio Tinto said its first-half profit rose by 14% and underlying earnings were up a smidgen, as increased copper production and prices helped to offset a softer result from its dominant iron-ore business.

The dichotomy in Wall Street’s reactions to the results from Microsoft Corp. and Advanced Micro Devices Inc. — two tech giants that have been investing heavily in AI — is a perfect example of the AI optics game.

Japan’s latest industrial production and retail sales data offered some positive signals about the economy, coming right on the cusp of the central bank’s upcoming meeting.

Azure doesn’t have enough capacity to meet all its AI demand, but capacity should improve — along with revenue growth — in the second half of the new fiscal year.

Shares of Groupon dropped in post-market trading Tuesday after the company reported another quarterly loss and revenue drop as it continues to lose ground internationally.

Shares of Match Group rallied in the extended session Tuesday after the online-dating company said it sees a clear path for growth at Tinder, which has been losing users, and said it plans to cut about 6% of its workforce.

Lemonade Inc.’s stock tumbled 14% in after-hours trade Tuesday, after the digital insurer, which uses AI to power its business, offered soft guidance, offsetting a narrower-than-expected second-quarter loss and revenue that matched estimates.

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Starbucks Corp. on Tuesday reported quarterly sales that were worse than expected, as it deals with greater consumer caution, but it said efforts to make the coffee chain more efficient had helped retain costs as it tries to win back business.

Even as executives elsewhere say high prices are still squeezing consumers, Ticketmaster parent Live Nation Entertainment Inc. on Tuesday said it was seeing no signs of a slowdown in concert demand, and reported quarterly results that squeaked past Wall Street’s expectations.