United StatesBreaking News

PDD Holdings (NASDAQ:PDD) reported an 11% increase in revenue for the first quarter of 2026, driven by growth in its transaction services division.

The U.S. Food and Drug Administration has extended its review period for AstraZeneca's (NASDAQ:AZN) New Drug Application for camizestrant, delaying a final decision on the advanced breast cancer treatment.

Kingsoft Cloud Holdings (NASDAQ:KC) reported a 37.2% year-over-year surge in total revenue for the first quarter of 2026, driven by expanding artificial intelligence demand and deeper penetration into enterprise accounts.

Taiwan prosecutors suspect three individuals successfully smuggled at least one shipment of Nvidia AI chips to China after first exporting them to Japan, people familiar with the matter said. The trio was detained for allegedly falsifying documents related to exports of Super Micro Computer servers containing advanced Nvidia chips, which the US has barred from sale to China without a license. Bloomberg Intelligence's Matthew Bloxham breaks down the situation.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) announced that its shareholders have officially approved a cash dividend distribution from the company’s capital surplus during its Annual General Meeting held on May 26, 2026.

Bank of Montreal (NYSE:BMO) has released its financial results for the second quarter of 2026, posting a reported net income of $2.63 billion.

Russian airlines are circumventing US, European Union and UK sanctions by procuring aviation equipment via India, Turkey, the United Arab Emirates and Kazakhstan, among others, a Bloomberg investigation shows. Some spare parts were tracked by serial numbers as they journeyed from Western suppliers to intermediaries to Russian companies. Bloomberg News contacted parties involved in such deals, and several said they would no longer do business with each other or with Russia. Bloomberg's Kate Duffy reports.

Colliers (NASDAQ:CIGI) has officially closed its acquisition of Ayesa Engineering, the engineering division of the Seville-based Ayesa Group, marking a significant expansion of the global real estate and investment management firm's technical capabilities.

Sharon Bell, equity strategist at Goldman Sachs, discusses the artificial intelligence trade and why she thinks European stocks, and not just tech firms, can benefit. She speaks on Bloomberg Television.

As global banking executives weigh the potential impact of artificial intelligence on their industry, research by Bloomberg Intelligence finds that AI will likely impact 27% of workers across all sectors in advanced economies more than 120 million in the 31 countries covered by the study. Bloomberg's Charlie Wells and Ana Andrade have more.

Sociedad Química y Minera de Chile (NYSE:SQM) reported a sharp rebound in its first-quarter financial results for 2026, driven by an acceleration in electric vehicle battery materials demand that led the producer to raise its full-year delivery guidance.

Aligos Therapeutics (NASDAQ:ALGS) presented a series of clinical and preclinical data packages spanning its liver disease and viral portfolios, highlighting long-term tracking data from its lead drug candidate alongside several pipeline assets.