Cryptoitsvc

Apple delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned that memory-chip costs will increase and that shortages of Mac computers will persist for "several months." Bloomberg Intelligence's Matthew Bloxham breaks down the situation.

TSMC will hold off on deploying ASML's most cutting-edge lithography machines for chip production through 2029 to save money. The chipmaker has no plans to adopt ASML's latest high numerical aperture extreme ultraviolet lithography machines, or high-NA EUV, which fetch upwards of 350 million ($410 million) apiece. TSMC is ASML's largest customer, according to Bloomberg's supply chain data. Bloomberg's Neil Campling reports.

Netflix gave a forecast for the second quarter that fell short of analysts' expectations, sending the shares tumbling in extended trading. The results are the first since Netflix walked away from a contentious battle for control of Warner Bros. in February. The streaming pioneer also announced that Chairman and co-founder Reed Hastings is stepping down from the board after 29 years to pursue philanthropy and personal interests. Bloomberg's Neil Campling reports.

Dean Forbes, CEO of industrial software provider Forterro says the technological shift that AI has brought about in the software space presents an "opportunity" for companies like Forterro. There have been growing fears that entire industries, including software programming, are at risk of being disrupted by artificial intelligence. In an interview on Thursday March 26 on "The Pulse with Francine Lacqua," Forbes also spoke about the impact of geopolitical uncertainty on business.

Nvidia CEO Jensen Huang says the company has been licensed for "many customers in China" for H200 sales and is in the process of "restarting our manufacturing." Bloomberg's Ed Ludlow reports.

Anthropic has rejected the Pentagon's latest offer in a dispute over safeguards around the use of its AI technology by the US military. The company continues to insist on two specific restrictions: It doesn't want its technology used for surveillance of US citizens or for autonomous lethal strikes without a human in the loop. Bloomberg Opinion's Parmy Olson breaks down the situation. Her opinions are her own.

Nvidia Corp. says it secured a license to ship a small number of its less advanced H200 chips to customers in China, inching forward in its bid to return to the world's largest semiconductor market. Bloomberg's Annabelle Droulers reports.

A short-lived rebound in stocks petered out as fears about the disruptive impact of artificial intelligence continued to unsettle markets.That's after tech, delivery and payment shares slid following a Citrini Research report outlining potential AI risks across industries. The weakness was compounded by lingering uncertainty over President Donald Trump's tariffs. Erik Wytenus is Head of EMEA Investment Strategy at JPMorgan Private Bank joins Stephen Carroll and Caroline Hepker to discuss.