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News Digest /
Lukas Schmidt
Author: Lukas Schmidt
05:07am, Thursday, Apr 16, 2026
Driven by booming AI chip orders, Taiwan Semiconductor Manufacturing Company posted a 58% jump in Q1 profit, surpassing revenue estimates and continuing its streak of record profits amid global supply challenges.
04:21am, Thursday, Apr 16, 2026
ASML increased its 2026 revenue projection amid strong AI semiconductor demand and capacity expansions, even as export restrictions limit business in China. The chip equipment leader posted Q1 results ahead of expectations.
09:39am, Wednesday, Apr 15, 2026
Bank of America reported first-quarter earnings that surpassed estimates, fueled by rising trading revenue and healthy consumer banking activity, according to CEO Brian Moynihan.
09:39am, Wednesday, Apr 15, 2026
Snap is trimming its workforce by 16%, attributing job cuts to reduced need for repetitive tasks thanks to AI, while projecting stronger sales and profitability ahead.
09:35am, Wednesday, Apr 15, 2026
BRP Inc.'s stock plunged 20% after the company withdrew its 2027 outlook due to revamped US tariffs on snowmobiles and off-road vehicles, resulting in over $500 million in extra costs this year.
09:19am, Wednesday, Apr 15, 2026
Vaar Energi is investing $360 million to boost oil output at the Arctic Goliat field, aiming to extend production life by a decade and address gas export constraints through new pipeline links.
08:26am, Wednesday, Apr 15, 2026
Robert Walters narrows Q1 fee decline, boosted by growth in Japan and strong hires in U.S., U.K., and Spain. Despite European softness, signs of recovery emerge in permanent recruitment sector.
07:38am, Wednesday, Apr 15, 2026
Deutsche Bank shifts Norsk Hydro rating from buy to hold despite raising target price as aluminum prices approach unsustainable highs, reflecting market tensions and supply uncertainties.
07:32pm, Tuesday, Apr 14, 2026
Hui Ka Yan, founder of China Evergrande Group, pleaded guilty to fraud-related charges in Shenzhen court, closing a chapter on the troubled developer's crisis and its impact on China's property sector.
07:27pm, Tuesday, Apr 14, 2026
Despite US blockade aimed at Iranian ports, shipping through Strait of Hormuz shows minimal disruption on day one, with several vessels-including sanctioned tankers-passing through without incident.
07:26pm, Tuesday, Apr 14, 2026
Nvidia's shares have surged for 10 consecutive sessions, shaking off recent skepticism around AI investments. The chipmaker's rally highlights renewed enthusiasm for AI-driven growth opportunities.
07:26pm, Tuesday, Apr 14, 2026
Portuguese app store Aptoide has filed an antitrust lawsuit against Google, accusing it of monopolizing Android app distribution and stifling competition through restrictive policies and high commissions.
07:25pm, Tuesday, Apr 14, 2026
Northrop Grumman secured a $475 million contract extension from the U.S. Department of War to advance its Glide Phase Interceptor missile defense system, pushing total program value to $1.31 billion with work scheduled through mid-2028.
07:24pm, Tuesday, Apr 14, 2026
Bitcoin briefly hit a one-month high above $76,000 before easing back below $75,000, as market optimism grows on easing inflation fears and renewed US-Iran diplomatic talks boosting risk appetite.
