Articles

ASML bookings blow past expectations as profit climbs 32%

ASML, the maker of advanced microchip-making equipment, on Wednesday reported better-than-expected earnings after foundries upgraded their machines as its bookings surged ahead of estimates.

From DEI to abortion, these 7 questions from Trump administration hint at what federal funds it seeks to freeze

A memo suggests federally-funded programs related to supporting “illegal aliens,” foreign assistance, the U.S. International Climate Finance Plan, placing a “burden” on the use of domestic energy resources, DEIA , “gender ideology” and abortion are under scrutiny.

Insurer Chubb puts a price tag on its share of L.A. wildfire woes

Insurer Chubb Ltd. has estimated its costs related to the Los Angeles fires to be around $1.5 billion before taxes.

How tech’s DeepSeek wakeup call could leave Nvidia stronger

DeepSeek shatters the myth that AI supremacy requires a billion-dollar checkbook.

Stock market’s $1 trillion wipeout is a taste of what can happen when AI bets unspool

U.S. stocks suffered a $1 trillion wipeout on Monday, the latest hiccup during what has been a hectic stretch for markets.

Starbucks’ quarterly sales fall — but not as much as expected

Shares of Starbucks Corp. rallied after hours Tuesday after the coffee chain reported quarterly results that beat expectations, as it tries to revive sales following a year marked by cautious consumers.

The stock market ‘is telling us that cheap, open-source AI is a good thing’ after DeepSeek rout

Investors aren’t ignoring the upsides of cheaper AI models despite Monday’s DeepSeek-inspired stock-market panic.

Chevron, GE Vernova aim to fuel power-hungry AI. DeepSeek throws that in question.

Chevron and GE Vernova are trying their hand at supplying power to data centers, just as China’s DeepSeek may upend that play.

Why DeepSeek’s advantage is temporary and its success won’t sink Nvidia

Nvidia will maintain market dominance and both its stock and power-grid shares are attractive.

Microsoft earnings results will take a back seat to burning DeepSeek questions

Microsoft will report fiscal second-quarter earnings on Wednesday afternoon.

What people who rebuilt their homes after wildfires wish they’d done differently

California homeowners who have experienced loss from wildfires offer a glimpse at the road ahead for Los Angeles fire victims.

From Medicaid to student loans, scope of Trump budget gambit leaves Americans scrambling

Move to halt federal grant funding will create a “constitutional crisis,” a top Senate Democrat said.
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