World News

UBS reported its fourth quarter earnings on Wednesday. <

Engineer working with statistical analysis report. Digital technology and Artificial Intelligence (AI) concept. Kmatta | Moment | Getty Images Wall Street’s fears around artificial intelligence-driven disruption affecting software companies made their way into Asia on Wednesday, with tech stocks in the region tracking declines overnight in U.S. peers. Japanese software firms in Asia led declines…

The BP refinery in Lingen, Germany (aerial view with a drone). Picture Alliance | Picture Alliance | Getty Images European energy giants face some tough choices this earnings season, with shareholder payouts seen at risk as they look to cut costs amid lower crude prices. Western oil and gas majors have long sought to keep…

Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches…

Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices reported fourth-quarter earnings on Tuesday after the bell. The chipmaker beat Wall Street’s revenue and profit estimates, but shares plunged more…

A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Private equity firm KKR and Singapore Telecommunications will acquire the remaining 82% stake in data center operator ST Telemedia Global Data Centres for 6.6 billion Singapore dollars ($5.1 billion), KKR said in a statement…

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Michael Nagle | Bloomberg | Getty Images Futures tied to the S&P 500 were near the flatline Tuesday night after traders’ rotation out of tech names dragged the broad market index to a losing…

The demand for power consumed by data centers is expected to more than double from 292 terawatt-hours (TWh) in 2026 to 606 TWh by 2030, according to McKinsey & Company. In percentage terms of total U.S. power demand, that’s a jump from 6.5% in 2026 to 11.7% by 2030. If you think that’s an overly…

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images Advanced Micro Devices reported fourth-quarter earnings that topped expectations, but the company’s first-quarter forecast fell short of what some…

Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025. David Paul Morris | Bloomberg | Getty Images Apple said it’s introducing agentic coding into its flagship coding tool called Xcode, throwing its weight behind one of the hottest trends in Silicon…