5 گھنٹے پہلے
AI buildout bill sinks Meta, other tech favorite stocks
NEW YORK (Reuters) -- The tab for the next round of the AI buildout came due on Thursday.Investors sold shares of Meta Platforms and a wealth of compa
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8-5
Nippon Steel lifts full-year net profit forecast 32% to 290 billion yen on stronger U.S. Steel results
Nippon Steel raised its forecast for net profit in the 2024 financial year by 32% to 290 billion yen, citing strong performance at U.S. Steel as the U.S. steel market firmed. The company also lifted its projection for U.S. Steel’s underlying business profit in the financial year to March 2027 to 180 billion yen or more, from 100 billion yen or more. The revision reflects operating improvements already achieved, improving earnings visibility for its core assets, Nippon Steel and U.S. Steel.
7-14
Semiconductor shares slide 6.1%–12.6%, dragging Nasdaq down 1.55% as Trump moves to reinstate Iran port blockade
U.S. stocks fell after President Donald Trump said he would reinstate a blockade on Iranian ports, escalating U.S.-Iran hostilities and weighing on risk appetite. Weekend airstrikes heightened investor concern that shipping through the Strait of Hormuz could be disrupted. WTI crude settled up 9.4%, lifting energy shares, while technology stocks led declines and the Nasdaq dropped 1.55%. Chipmakers were hit hardest, with the Philadelphia SE Semiconductor Index sliding as Intel, Marvell and SanDisk fell 6.1%–12.6%.
