Innovent Biologics shares rise 10% after pact with Pfizer of up to $10.5 billion
Innovent Biologics rose as much as 10%, after entering a strategic global licensing and collaboration agreement with Pfizer to develop oncology medicines.
LG Electronics’ shares surge 24% after showing automotive innovations using Google tech
Shares of LG Electronics surged after it unveiled automotive innovations using Google technology.
Samsung’s shares surge as much as 6% after company ships next-generation AI memory chip samples
Shares of Samsung Electronics surged after the company began shipping HBM4E chip samples to its customers globally.
Asia’s rich fear losing the family fortune — but many still have no succession plans, survey shows
Asia’s wealthy families want to preserve their fortunes across generations, but many still lack basic succession plans, according to a new Lombard Odier survey.
Michael Dell courted Trump early. His company has reaped rewards
The dynamic is emblematic of how business is seeking to sow favor with the president in his second term, and has departed from the norms of big business philanthropy.
CNBC Daily Open: Tech earnings defy Iran strikes and inflation concerns
Global markets rally on the strength of tech and AI despite continued uncertainty in Middle East.
Stock futures are little changed as traders eye developments in Middle East: Live updates
Boosted by a rally in the tech sector, all three major averages rose to fresh closing highs on Thursday.
South Korea’s Kospi, Japan’s Topix hit record highs as investors shrug off Iran tensions
Asia-Pacific markets rose as investors shrugged off renewed Iran tensions against ceasefire optimism.
Nokia doesn’t make phones anymore. So how does it make billions?
Once the world’s dominant mobile phone maker, Nokia has rebuilt itself as a behind-the-scenes provider of the infrastructure that powers global connectivity. Today, the Finnish company generates billions in revenue not just from the equipment it sells …
Okta jumps 8%, tops first-quarter results on agentic AI demand
CEO Todd McKinnon said Okta is “playing a long game” on AI and is allocating more resources to agentic tools.
