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Big tech earnings, US jobs data highlight busy week for markets

Big tech earnings, US jobs data highlight busy week for markets

By Lewis KrauskopfNEW YORK (Reuters) -A packed upcoming week for markets will test a U.S. stocks rebound, with investors focused on a wave of corporate results led by Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT), while the prospect of global trade developments threatens to cause volatility at any time.The monthly U.S. employment report, data on first-quarter U.S. economic growth and an inflatio ...

2025-04-28 14:38:31
China’s Huawei develops new AI chip, seeking to match Nvidia, WSJ reports

China’s Huawei develops new AI chip, seeking to match Nvidia, WSJ reports

(Reuters) -China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor, hoping to replace some higher-end products of U.S. chip giant Nvidia (NASDAQ:NVDA), the Wall Street Journal reported on Sunday.Huawei has approached some Chinese tech companies about testing the technical feasibility of the new chip, called the Ascend 910D, the report said, ...

2025-04-28 14:37:23
Toyota considers investing in potential $42 billion buyout of key supplier

Toyota considers investing in potential $42 billion buyout of key supplier

By Maki Shiraki and Makiko YamazakiTOKYO (Reuters) -Toyota Motor said it is exploring the possibility of investing in a potential buyout of key parts supplier Toyota Industries (OTC:TYIDF) - a buyout that reportedly could cost $42 billion."We are currently exploring various possibilities, including partial investment," the automaker said in a filing with the Tokyo stock exchange on Saturday foll ...

2025-04-28 14:36:24
Israel stocks higher at close of trade; TA 35 up 0.18%

Israel stocks higher at close of trade; TA 35 up 0.18%

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Insurance, Technology and Oil & Gas sectors led shares higher.At the close in Tel Aviv, the TA 35 added 0.18% to hit a new 1-month high.The best performers of the session on the TA 35 were Teva Pharmaceutical Industries Ltd (TASE:TEVA), which rose 3.29% or 172.00 points to trade at 5,399.00 at the close. Mea ...

2025-04-28 14:35:08