FedEx reported higher revenue and operating income in the third quarter than last year but says shipping business could slow this quarter because of weakness and uncertainty in manufacturing.
Analysts forecast a surge in natural gas demand, driven by AI and blockchain, outpacing supply growth and boosting prices.
With Europe’s power demand forecast to exceed 4,500 TWh by 2050, smart-charging and V2G are required to be embedded into ...
The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...
Oracle CEO Safra Catz on Monday gave a strong growth outlook for its fiscal 2026 and 2027, indicating that the skyrocketing ...
Industry leaders have warned Congress that U.S. power infrastructure faces risks as soaring demand collides with retiring baseload generation.
Broadcom's shares soared 12 per cent in premarket trading on Friday as the chipmaker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff ...
The ADP employment report showed only 77K new jobs, far below the 140K forecast, while jobless claims unexpectedly dropped to 221K, beating the expected 235K. The mixed labor data has heightened ...
(Reuters) -Broadcom's shares rose 6% on Friday as the semiconductor maker's strong revenue forecast helped restore some confidence in AI chip demand after a bruising sector-wide selloff following ...
Its forecast eased concerns about the thirst for AI chips, a day after Marvell Technology's spooked the market with a tepid forecast. Broadcom shares, which closed down 6 per cent, surged 14 per ...
China's imports unexpectedly shrank over Jan-Feb Export growth misses forecast U.S. trade war steps ... of imports may reflect both weak domestic demand as well as a decline in imports for ...
Samuel Corum/Bloomberg News Taiwan Semiconductor Manufacturing Co. Chairman and Chief Executive C.C. Wei said customer demand rather than political pressures drove the company to expand its chip ...
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