Adyen shares plummet after payments giant posts weak revenue growth outlook
Net revenue growth guidance and payment processing volume was slightly weaker than analyst predictions
Mercedes hit by $1.2 billion in tariff costs as full-year earnings more than halve
German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead.
CNBC Daily Open: Republicans vote to end Trump’s Canada tariffs in rare rebuke
Several Republicans crossed the aisle to support the resolution, even as Trump threatened that dissidents would “seriously suffer the consequences.”
UK economy ekes out 0.1% growth in the fourth quarter
The U.K. economy grew a meager 0.1% in the fourth quarter, according to preliminary figures from the Office for National Statistics on Thursday.
BTS comeback tour turbocharges concert tourism, with hotel searches jumping as much as 6,700%
The announcement of South Korean boyband BTS’ comeback global tour is expected to boost tourism in host cities.
SoftBank books $4.2 billion gain on OpenAI bet, boosting its Vision Fund
SoftBank posted a $2.4 billion gain at its Vision Fund as a jump in the value of its OpenAI investment helped offset losses in some of its other bets.
European markets close mixed as investors digest big batch of earnings
European stocks closed mixed on Thursday as investors assessed another big batch of earnings reports.
Zhipu leads rally in Chinese AI stocks, surging 30% as a wave of new releases hits market
The Shanghai STAR AI Industry Index climbed 1.7% before paring gains.
A year into Trump tariffs, Chinese factories and ports are buzzing with activity
A year after Trump’s tariffs spooked manufacturers and customers, Chinese factories and ports were humming unfethered ahead of the Lunar New Year holiday.
