Synopsys ends some chip software products to focus on AI
Synopsys (NASDAQ:SNPS) plans to stop offering future versions of certain semiconductor manufacturing process control software products as it redirects resources toward AI design technologies.
Synopsys (NASDAQ:SNPS) plans to stop offering future versions of certain semiconductor manufacturing process control software products as it redirects resources toward AI design technologies.
Saudi Arabia and other Gulf oil producers have reduced crude prices for Asian buyers as exporters compete for market share amid weaker demand and increased supply availability.
American Graduate School of Paris professor Douglas Yates discusses the possible outcomes of Marine Le Pen's appeal trial and implications for the next French presidential elections. He spoke with Bloomberg's Caroline Connan in Paris.
Fluor (NYSE:FLR) said it was selected by Saudi Aramco as a Program Management Consultancy contractor under a Long-Term Agreement to support the company’s global capital projects portfolio.
Laura Cooper, global investment strategist and macro credit head at Nuveen, discusses the outlook for equity markets and why she sees the potential for a rotation back into hyperscalers. "Valuations have come off, we're now seeing revenue growth have a slight upturn going forward, and we've seen several weeks of consecutive outflows," Cooper tells Bloomberg Television.
Shell (NYSE:SHEL) issued an updated Q2 2026 outlook ahead of its July 30, 2026 results, covering production, margins, costs, taxation, and cash flow across its business segments.
Anna Edwards, Guy Johnson and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Abu Dhabi's Mubadala Investment Co. is opening up one of its largest investment businesses to outside investors for the first time, Dinesh Nair reports.
Adnoc Distribution is has agreed to buy Shell fuel stations across South Africa in a deal valued at $1 billion. CEO Bader Saeed Al Lamki explained the rationale behind the move to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa.
UK Business Secretary Peter Kyle said the governing Labour Party's industrial strategy will survive a change of leadership, arguing Keir Starmer's likely successor, Andy Burnham, was "already committed" to the policy. Kyle made the comments Monday in an interview to Bloomberg's Lizzy Burden.
Asian equities fell as renewed selling in technology stocks, including Samsung Electronics Co. and SK Hynix Inc., deepened concerns that the AI-driven rally may have run ahead of itself. Futures for the tech-heavy Nasdaq 100 Index retreated 1.1%, suggesting Monday's rebound on Wall Street was losing momentum. European shares were also set for losses. Bloomberg's Avril Hong and Mark Cranfield report.
Australia is emerging as a leading destination for AI data centers, but the window to secure that advantage may be closing. Deloitte Access Economics says the country faces a "sliding doors moment" to become Asia-Pacific's AI infrastructure hub. John O'Mahony discusses what's at stake on 'Bloomberg: The Asia Trade.'