Business

Asia markets rise on better AI sentiment, Trump speech awaited

Wednesday, February 25 by SRN News

By Scott Murdoch SYDNEY, Feb 25 (Reuters) - Asia's financial markets were higher on Wednesday with Korean chipmakers leading gains, as investors double down on what they see as the safest bet on artificial intelligence (AI), while the yen remained in focus. Investors rocked by volatility... Read More.

Australia’s Domino’s Pizza Enterprises posts bleak start to second half; shares plunge

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - Australia's Domino's Pizza Enterprises reported a sharp drop in early second-half same-store-sales growth on Wednesday, due to severe weather conditions in Germany and Netherlands, triggering a 16% share slide. The company, which operates Domino's stores in 12 countries across Australia, New... Read More.

Hyundai Motor to unveil multi-billion-dollar investment in South Korea, source says

Wednesday, February 25 by SRN News

By Hyunjoo Jin SEOUL, Feb 25 (Reuters) - Hyundai Motor Group plans to unveil a multi-billion-dollar investment in South Korea's west coast, a source with direct knowledge of the matter said on Wednesday, as the auto group expands into artificial intelligence for autonomous driving and... Read More.

Asian stocks gain after optimism about AI sends Wall Street higher

Wednesday, February 25 by SRN News

TOKYO (AP) - Asian shares mostly rose in Wednesday morning trading, with Japan's benchmark hitting a record high, as investors were cheered by an overnight Wall Street rally that seemed to reflect optimism about the artificial-intelligence boom. Japan's benchmark surged 1.3% to 58,081.62. That... Read More.

Discord pushes back global age verification rollout amid criticism, promises transparency

Wednesday, February 25 by SRN News

Discord, the popular platform for gamers to communicate online, is postponing its controversial age verification policy after receiving swift backlash from users with concerns about their privacy. The global rollout of the system is now delayed to the second half of 2026, Discord's Chief... Read More.

Lucid sees slower 2026 production growth as fear of supply-chain snags linger

Wednesday, February 25 by SRN News

By Abhirup Roy and Jaspreet Singh Feb 24 (Reuters) - Lucid forecast a 2026 production rise that could top 50%, which would still be below last year's pace, and reported a larger-than-expected loss for the fourth quarter on Tuesday, as various supply-chain setbacks and tariffs... Read More.

Australia’s Woolworths posts interim profit beat on better budget-focused products

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - Woolworths on Wednesday reported a rise in interim underlying profit and flagged signs of market share stabilization, as it ramped up efforts to attract value-conscious customers with lower-priced items. The use of targeted discounts to draw in shoppers helped the retailer... Read More.

Workday forecasts 2027 subscription revenue below estimates, shares fall

Wednesday, February 25 by SRN News

Feb 24 (Reuters) - Workday on Tuesday forecast fiscal 2027 subscription revenue below Wall Street estimates, signaling slower new client wins as corporations scrutinize large software purchases amid economic uncertainty. Shares of the enterprise software maker fell more than 8% in extended trading. Higher interest rates... Read More.

First Solar plunges after downbeat net sales forecast

Tuesday, February 24 by SRN News

Feb 24 (Reuters) - First Solar, the biggest U.S.-based solar panel maker, forecasts current-year sales below estimates as the U.S. solar panel expects higher prices for its products following additional tariffs on foreign-made panels, sending its shares tumbling down nearly 14% after the bell.... Read More.

Warner Bros says revised proposal from Paramount could be considered superior

Tuesday, February 24 by SRN News

Feb 24 (Reuters) - Warner Bros Discovery said on Tuesday it had determined that the revised proposal from Paramount Skydance could reasonably be considered a superior proposal. The revised proposal includes an increased purchase price of $31.00 per WBD share in cash, plus a daily... Read More.

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Current Weather

Asia markets rise on better AI sentiment, Trump speech awaited

Australia’s Domino’s Pizza Enterprises posts bleak start to second half; shares plunge

Hyundai Motor to unveil multi-billion-dollar investment in South Korea, source says

Asian stocks gain after optimism about AI sends Wall Street higher

Discord pushes back global age verification rollout amid criticism, promises transparency

Lucid sees slower 2026 production growth as fear of supply-chain snags linger

Australia’s Woolworths posts interim profit beat on better budget-focused products

Workday forecasts 2027 subscription revenue below estimates, shares fall

First Solar plunges after downbeat net sales forecast

Warner Bros says revised proposal from Paramount could be considered superior

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