Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results

Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.

Microsoft cloud growth accelerates on back of AI push

Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.

India 'confident' new EV policy measures will allow more foreign players to enter market

Last month, the government rolled out key initiatives, aimed at boosting the country's position in EV manufacturing.

Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says

Drew Baglino, who announced he'd be leaving Tesla on April 15, is selling 1.14 million shares of the electric car company, according to a filing on April 25.

GDP growth slowed to a 1.6% rate in the first quarter, well below expectations

Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.

Intel shares fall after company provides weak forecast for the current quarter

Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.

Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China

EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.

Venice residents clash with riot police as city launches world’s first tourist entry fee

The pilot program means day-trippers to Venice, one of Italy's most picturesque and historic cities, will need to pay a charge of 5 euros (US$5.40).

Snap shares soar 23% as company beats on earnings, shows strong revenue growth

Snap reported first-quarter results that beat analysts' estimates

South Korea's largest K-pop agency Hybe accuses sublabel executives of breach of trust

This comes after ADOR CEO Min Hee-jin accused Hybe of plagiarizing ADOR's girl group NewJeans.

Alphabet shares jump 14% on earnings beat, first-ever dividend

Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.

This 35-year-old had 5 failed businesses before starting her grocery store chain – now it brings in over $8 million a year

Success didn't come easy for Pang Gek Teng, the 35-year-old founder and CEO of Surrey Hills Grocer, an Australian-inspired grocer and café brand in Singapore.

Professional pickleball signs first international deal, looks to grow the sport in India

Pro pickleball is looking to world's most populous country for its continued growth.

Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns

Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.

CNBC's Inside India newsletter: A $270 billion gamble on green?

Latest on the elections and some stock-picking tips that tie in with the nationwide vote and we also look at the upcoming T20 Cricket World Cup.

Xpeng's Gu says robotaxis won’t be a real business for at least five years

Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.

Inflation, operating costs had the biggest impact on Asian firms last year, survey shows

Higher costs had the biggest impact on Asian businesses in 2023, even as they grappled with a global slowdown and rising interest rates, a survey by UOB showed. 

Paramount and Skydance inch closer to a merger as key hurdle looms, sources say

Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.

This startup helps plants talk to farmers, reducing pesticides and agricultural waste

InnerPlant's technology uses fluorescents in the plants, so the leaves emit a signal when they are in distress.

Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery

Deutsche Bank reported first-quarter earnings on Thursday.

BHP makes $39 billion bid for Anglo American in mining mega play

Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).

Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash

Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.

Barclays shares up 6% as bank swings back to profit in first quarter amid strategic overhaul

Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.

'Chaotic era' for Asian currencies: Bank of America is not bullish on any of them

The Bank of America is not bullish no any currency in Asia, leading the investment bank to deem the start of a "chaotic era" for these currencies.

India markets face an 'inevitable' correction if Modi's election win disappoints, Bernstein says

The results of India's general elections could be the reason for a correction in the Indian stock market, according to Bernstein.

Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions

AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.

Japanese yen hits fresh 34-year low despite verbal intervention from authorities

The yen slipped past 155 against the U.S. dollar on Wednesday, touching a new 34-year low against continued strength in the greenback.

Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand

This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.

China may have to brace for a new wave of bond defaults, S&P says

China might see a new wave of bond defaults as soon as next year — the third round in about a decade, according to an S&P Global Ratings report released Tuesday.

Why the Fed keeping rates higher for longer may not be such a bad thing

It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.


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