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ASML's Sales Drop Drags Chip Stocks, But CEO Wennink is Still Optimistic

ASML's Sales Drop Drags Chip Stocks, But CEO Wennink is Still Optimistic

ASML's sales drop dragged chip stocks. Despite this, CEO Peter Wennink is still optimistic. ASML confirmed its sales drop in a recent report. Because of this, chip stocks were dragged down on Wednesday, Apr.


United Airlines Surges 14% as Upbeat Profit Forecast Defies Boeing Crisis, Shares Hit 3.5-Year Highs

United Airlines shares surged 14% despite the Boeing crisis fallout, hitting the highest point in 3.5 years. Upbeat profit forecasts and strong bookings drove investor confidence.

Toshiba Mass Layoff Could Terminate 5,000 Domestic Workers—Who Might Be Affected?

Toshiba could terminate 5,000 domestic workers as it considers a mass layoff. Who could be affected?

Senate Hearings Grill Boeing Over Safety Concerns Following Midair Incident

Senate hearings scrutinized Boeing's safety culture and production quality after the midair incident. A CEO shakeup was announced, production curbs were imposed, and deliveries were halved.


Latest News

Nestle Allegedly Adds Sugar, Honey To Baby-Food Products in Poorer Countries—Here's Why Parents Should Worry
Nestle is accused of adding sugar and honey to baby food products sold in poorer countries. Experts criticize the Swiss food firm for this.
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The Federal Trade Commission (FTC) is reportedly gearing up to oppose Tapestry Inc.'s proposed $8.5 billion acquisition of Capri Holdings Ltd. Tapestry, known for brands like Coach and Kate Spade, aims to merge with Capri, which owns Michael Kors and Versace.
US Report: North Korea Producing Viruses, Bacteria for Germ Warfare Program
According to the United States' most recent assessment of Pyongyang's weapons of mass destruction, Kim Jong Un's regime is genetically engineering the ingredients for bacteria, viruses, and toxins as part of a germ warfare program.
Dubai's 'Apocalyptic' Superstorm Strikes Worl'd's Busiest Airport After Historic Rainfall Causes Flood Chaos, Cancelled Flights
Tragically, there has been a loss of life due to the heavy rain and flooding that has caused widespread disruption in Dubai.
The Postal Museum Opens Featuring A Kilometre Long Train Ride Attraction
IDS, owner of Royal Mail, saw its shares surge after rejecting a takeover bid from Czech billionaire Daniel Křetínský's EP Group.
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Superyacht sales plunged in 2023 due to long wait times, rising costs, and the withdrawal of Russian oligarchs amid sanctions, but American buyers are stepping in.
10th Annual Breakthrough Prize Ceremony
Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead.
Governors of 6 Southern States Warn Workers Against Joining UAW Union, Say Unionization Places Jobs in Jeopardy
Governors of six Southern states have warned workers against joining the United Auto Workers (UAW) union in an effort to stop unionization in their states' auto factories.
Change Healthcare Begins Notifying Customers of Potential Patient Data Exposure in Cyberattack
US health insurance giant UnitedHealth Group said Tuesday in its first-quarter operations earnings report that a cyberattack on its subsidiary Change Healthcare cost the company $872 million.
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Tim Cook said Apple would "look at" manufacturing in Indonesia after meeting with President Joko Widodo.
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