Money Report

SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.

Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals Tuesday after it raised its full-year guidance following better-than-expected first-quarter results.

U.S. Treasury yields were little changed on Tuesday as investors awaited fresh economic data that could provide insights into the state of the economy.

IQiyi founder Gong Yu also pointed to estimates that predict about one-fourth of China’s population will be considered elderly in 2033.

Ukraine has disputed Russia’s claim to have seized a second eastern Ukrainian village in as many days on Monday.

The AUKUS alliance was forged in 2021 to address shared regional concerns about China’s rising power.

Qualcomm is already designing chips in India, Qualcomm India’s president Savi Soin said in an exclusive interview.

European markets were higher Tuesday, building on positive momentum in the previous session.

GM’s North American operations, driven by truck sales, were largely responsible for the company’s first-quarter beat and guidance raise, the automaker said. 

The company saw its share price plunge to as low as HK$10.84, representing a fall of 38.05% from its IPO price of HK$17.50

India’s youth make up 83% of the unemployed population, according to an ILO report, but government as well as ILO data shows a decline in joblessness in the past few years.

Tesla shares fell again on Monday after another round of aggressive price cuts, but ARK Invest’s Tasha Keeney remains bullish ahead of earnings Tuesday.

According to Oxford Economics, global food prices are expected to decline in 2024, offering some relief for shoppers.