hapabapa Arm Holdings ( ARM ) shares jumped 8% in after-hours trading on Tuesday after CEO Rene Haas projected 2031 annual revenue at more than six times its 2025 level. Haas unveiled Arm’s first in-house chip on Tuesday at an event in San Francisco, with Meta ( META ) as the initial customer. Arm stock closed about 1.5% lower on Tuesday following the chip announcement. Haas said Arm expects the n...
hapabapa Arm Holdings ( ARM ) shares jumped 8% in after-hours trading on Tuesday after CEO Rene Haas projected 2031 annual revenue at more than six times its 2025 level. Haas unveiled Arm’s first in-house chip on Tuesday at an event in San Francisco, with Meta ( META ) as the initial customer. Arm stock closed about 1.5% lower on Tuesday following the chip announcement. Haas said Arm expects the new chip to generate roughly $15 billion in annual revenue by 2031, with total annual revenue of $25 billion and earnings per share of $9, CNBC reported. Central processing units are seeing a resurgence of demand as agentic AI changes compute needs. Haas predicted CPUs will see a fourfold increase in demand around agentic AI. “We may be under-calling that number,” Haas said Tuesday. “I think the demand is higher than we think it is.” The company, the U.K.-based arm of SoftBank ( SFTBY ) , reported strengthening commercial momentum with partners including Cerebras , Cloudflare , F5 , OpenAI , Positron , Rebellions , SAP , and SK Telecom . More on Arm Holdings Arm Holdings plc (ARM) Shareholder/Analyst Call Prepared Remarks Transcript Arm Holdings: Resilience In Smartphone Revenue Justifies Hold For Now (Rating Upgrade) Arm Holdings: Best Business Model In Its Sector, But There Are Concerns Synopsys partners with Arm to build CPUs for data centers Arm unveils data center CPU as it looks to take on Intel, AMD
Google ( GOOG ) DeepMind has landed a partnership with Agile Robots , marking its latest move to deepen its footprint in AI-driven robotics. The Munich-based firm has over 20,000 systems deployed globally and aims to embed DeepMind's multimodal AI models—capable of processing vision, language, and tactile data—into its industrial robots. "By bringing together Agile Robots’ hardware and other AI ro...
Google ( GOOG ) DeepMind has landed a partnership with Agile Robots , marking its latest move to deepen its footprint in AI-driven robotics. The Munich-based firm has over 20,000 systems deployed globally and aims to embed DeepMind's multimodal AI models—capable of processing vision, language, and tactile data—into its industrial robots. "By bringing together Agile Robots’ hardware and other AI robotic solutions developed in Germany, with Google DeepMind’s Gemini Robotics foundation models, the two teams will improve performance via robot deployment, data collection, model training and iteration." Agile Robots said in a statement. The companies will jointly test, refine, and deploy these AI-powered robots across sectors such as electronics manufacturing, automotive, logistics, and data centers. Founded in 2018, Agile Robots has secured over $270M in venture funding from investors including SoftBank Vision Fund , Xiaomi , and Midas Group , among others. The move is part of Google’s ( GOOG ) broader push into “physical AI,” where advanced models are applied to real-world machines. Earlier this year, Google ( GOOG ) collaborated with robotics firms like Boston Dynamics to help develop its upcoming humanoid robot Atlas. Boston Dynamics was previously owned by Google ( GOOG ) from 2013 to 2017. More on Alphabet Alphabet: Inside Google Cloud's New Growth Pillars Alphabet Q4: A Fairly Valued Tech Titan To Buy Now Alphabet: Apple AI Deal Is The Biggest Blind Spot U.S. bans new foreign-made routers over security risks Wells Fargo warms up to hyperscalers
The number of foreign visitors to tourism-reliant Thailand is at risk of falling to its lowest level in three years as the Middle East war threatens global travel. The Southeast Asian country could see three million fewer foreign tourist arrivals this year if the conflict drags on for six months, according to Natthriya Thaweevong, permanent-secretary of the Ministry of Tourism and Sports. The drop...
The number of foreign visitors to tourism-reliant Thailand is at risk of falling to its lowest level in three years as the Middle East war threatens global travel. The Southeast Asian country could see three million fewer foreign tourist arrivals this year if the conflict drags on for six months, according to Natthriya Thaweevong, permanent-secretary of the Ministry of Tourism and Sports. The drop could cost the economy 150 billion baht ($4.6 billion) — about 10% of the nation’s total foreign tourist receipts last year, she said. The government had set a 2026 target of 35 million foreign visitors. The disruption could reduce that number to around the level of 2023, when the country recorded 28 million foreign visitors. Airlines globally are grappling with a painful spike in oil prices, leading consumers to cancel travel plans or rush to lock in lower fares. Read More: Surging Air Fares Upend Global Travel as Peak Season Nears “The heart of tourism is the journey, and to make that journey you need fuel,” Natthriya said in a Tuesday interview with Bloomberg News. “Everyone is affected and faces the same high costs. We’ll lose tourists from all over.” The nation’s tourism industry will still be hurt by a loss of one to two million foreign visitors even if the war ceases at the end of March, said Natthriya, the country’s top tourism official. Read More: Middle East, Europe Visitors to Thailand Plunge Amid Iran War To cushion the blow, the tourism industry needs to court more wealthy Middle Eastern travelers seeking refuge from war through new marketing campaigns, she said. Thailand aims to attract at least 200,000 Middle East visitors this year — roughly a quarter of last year’s arrivals from the region, Natthriya said. Marketing budgets earmarked for Europe and the US will be redirected to country-specific campaigns in the Middle East, she added. Tourists from that region are among the highest spenders, with each doling out an average of 80,000 baht per trip, according...
By Kane Wu, Aditya Kalra and Vibhuti Sharma HONG KONG/NEW DELHI, March 25 (Reuters) - Indian billionaire Mukesh Ambani's Reliance Jio Platforms has held talks with 13 marquee foreign investors to sell
By Kane Wu, Aditya Kalra and Vibhuti Sharma HONG KONG/NEW DELHI, March 25 (Reuters) - Indian billionaire Mukesh Ambani's Reliance Jio Platforms has held talks with 13 marquee foreign investors to sell
CPU shortage hits! Starting from March, Intel and AMD prices generally increase by 10%-15%, with delivery cycles extended. The longest wait time could reach six months. Moomoo
CPU shortage hits! Starting from March, Intel and AMD prices generally increase by 10%-15%, with delivery cycles extended. The longest wait time could reach six months. Moomoo
Thailand has abandoned its price cap on diesel less than a month since the Middle East conflict broke out, a stark sign of how the surging global crude costs are threatening fiscal limits across emerging economies. The government will allow pump prices to float, after weeks of keeping local costs artificially low rapidly pushed its fuel subsidy fund deeper into deficit. It is a sharp pivot for Pri...
Thailand has abandoned its price cap on diesel less than a month since the Middle East conflict broke out, a stark sign of how the surging global crude costs are threatening fiscal limits across emerging economies. The government will allow pump prices to float, after weeks of keeping local costs artificially low rapidly pushed its fuel subsidy fund deeper into deficit. It is a sharp pivot for Prime Minister Anutin Charnvirakul , whose party won last month’s election partly on pledges to ease living costs. Anutin sidestepped questions on Wednesday about a potential public backlash, offering only a brief acknowledgment of the impact on household costs. “It will have some impact,” he said before quickly heading into a parliamentary session. “Everybody is working their hardest.” Diesel is a lifeline in oil-importer Thailand, powering transport, farming and industry. Keeping prices low has long been a political priority, especially for rural voters. But the cost of doing so has risen sharply this month. The Oil Fuel Fund was burning through billions of baht each week, forcing the government to step back. It underlines the difficult trade-off confronting governments across Asia: protect households from rising costs or preserve already-stretched public finances. Neighboring Indonesia has said it will slash spending on other programs — or even consider breaching its budget deficit cap — in order to sustain fuel subsidies. Thailand faces similar constraints. Public debt stands at about 66% of GDP, close to the government’s 70% ceiling, and is projected to rise further. Finance Minister Ekniti Nitithanprapas has made clear he wants to maintain prudence, limiting the likelihood the debt limit could be increased. The government has only about 300 billion baht of borrowing headroom left, according to Standard Chartered Plc economist Tim Leelahaphan . During the 2022 energy crisis, Thailand spent roughly 270 billion baht on fuel subsidies and tax cuts, he said. A similar respons...
XtockImages Australia’s annual inflation edged down to 3.7% in February 2026, compared with market forecasts of 3.8%, which were also in line with the prior two months. However, inflation remains above the central bank’s 2–3% target range, keeping the policy outlook uncertain. Services inflation stood at 3.9%, unchanged from January. The trimmed mean CPI inched lower to 3.3% yoy, below both the pr...
XtockImages Australia’s annual inflation edged down to 3.7% in February 2026, compared with market forecasts of 3.8%, which were also in line with the prior two months. However, inflation remains above the central bank’s 2–3% target range, keeping the policy outlook uncertain. Services inflation stood at 3.9%, unchanged from January. The trimmed mean CPI inched lower to 3.3% yoy, below both the prior figure and consensus of 3.4%. Monthly, the CPI was flat, reversing a 0.4% gain in January. The S&P/ASX 200 Index climbed 107 points, or 1.3%, to 8,486 in Wednesday morning trade, extending gains for a second session. The Australian dollar edged down to around $0.70 on Wednesday, approaching a two-week low. More on Australia: EWA: Australian Financials May Struggle With A Flattening Yield Curve EWA: Potentially Range Bound, Given The Mix Of Tailwinds And Headwinds EU and Australia strike free trade deal, including critical mineral access Australia March flash PMI: Services activity tumbles to 46.6; factory growth hits standstill Seeking Alpha’s Quant Rating on iShares MSCI Australia ETF
Comedian and avid Tolkien fan to write the Lord of the Rings: Shadow of the Past, a new Peter Jackson-produced film based on unadapted chapters of The Fellowship of the Ring Stephen Colbert has lined up his next job after finishing up as host of The Late Show in May: writing a new Lord of the Rings film tentatively titled The Lord of the Rings: Shadow of the Past. Film-maker Peter Jackson, who dir...
Comedian and avid Tolkien fan to write the Lord of the Rings: Shadow of the Past, a new Peter Jackson-produced film based on unadapted chapters of The Fellowship of the Ring Stephen Colbert has lined up his next job after finishing up as host of The Late Show in May: writing a new Lord of the Rings film tentatively titled The Lord of the Rings: Shadow of the Past. Film-maker Peter Jackson, who directed the Lord of the Rings trilogy and the Hobbit trilogy, made the surprise announcement in a video on social media on Tuesday. Colbert is an avid, lifelong JRR Tolkien fan and even had a small cameo in Jackson’s 2013 film The Hobbit: The Desolation of Smaug alongside his wife and children. Continue reading...
Hong Kong and Hainan should forge a strong partnership and explore new models of cooperation, the city’s leader has said, urging the business sector to capitalise on the mainland Chinese province’s free-trade port status by offering professional services in areas such as finance, law and accounting. Chief Executive John Lee Ka-chiu’s call followed a meeting with Feng Fei, the Communist Party secre...
Hong Kong and Hainan should forge a strong partnership and explore new models of cooperation, the city’s leader has said, urging the business sector to capitalise on the mainland Chinese province’s free-trade port status by offering professional services in areas such as finance, law and accounting. Chief Executive John Lee Ka-chiu’s call followed a meeting with Feng Fei, the Communist Party secretary of the Hainan provincial committee, on the sidelines of the Boao Forum for Asia annual...