SoftBank reportedly weighs $100 billion valuation for new AI and robotics spinout in potential U.S. IPO
SoftBank Group is planning to create and list a standalone artificial intelligence and robotics company, coined “Roze” in the U.S.
European markets rebound as oil prices fall; BOE and ECB hold rates
European stocks edged higher on Thursday, reversing morning losses, as investors assessed more earnings and central bank moves.
Nvidia just invested in the AI legal startup that’s splashing Jude Law ads everywhere
Swedish startup Legora has raised more than $800 million in the past 12 months, and the latest deal values it at $5.6 billion.
China factory activity tops expectations in April — but growth slows as new orders soften
The official purchasing managers’ index reading of 50.3 was higher than the the 50.1 expected by Reuters-polled economists.
CNBC Daily Open: Trump’s big threats and Big Tech’s bigger wallets
Iran is back at the top of our headlines after U.S. President Donald Trump threatened Tehran again.
Inside India newsletter: AI is exposing cracks in India’s growth story as it hits high-paying IT jobs
India’s IT sector fueled consumption growth, but AI is reducing mass hiring now, revealing a shortage of quality jobs, risking future economic momentum.
Brent oil pares gains after climbing to $126 per barrel on U.S.-Iran escalation fears
Brent crude surged to its highest levels since early 2022, before paring gains, as the Middle East conflict chokes supplies.
Samsung profit surges over eightfold to beat estimates as AI boom fuels memory chip crunch
Samsung Electronics reported an over eightfold increase in first-quarter operating profits, hitting a new record and beating analysts’ estimates.
South Korea’s Kospi clocks best month in 28 years as tech optimism triumphs over Iran war worries
The index’s outsized gains have been driven largely by optimism around the artificial intelligence boom.
Why Alphabet won the Big Tech earnings night
Alphabet’s cloud business is accelerating relative to competitors, analysts say
