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  • Business
    Reuters

    Morning Bid: Tesla catches break, Meta next; TikTok countdown

    Ailing Tesla shares caught a rare 10% break overnight despite the electric auto giant's quarterly revenue miss, underscoring a better market mood as Meta steps up to the earnings dock later and U.S. business activity cools in April. Deep in a global price war and hit by waning worldwide demand for electric vehicles, Tesla said its quarterly revenue fell for the first time since 2020 and by more than Wall St analysts had forecast.

  • Business
    Yahoo Finance

    The corporate conversation around AI is changing: Morning Brief

    We're finally into the "show me" portion of the AI narrative, and Coca-Cola and Microsoft's new deal might be a glimpse of what the near-term future will be like for AI.

  • News
    The Canadian Press

    TikTok may be banned in the US. Here's what happened when India did it

    NEW DELHI (AP) — The hugely popular Chinese app TikTok may be forced out of the U.S., where a measure to outlaw the video-sharing app has won congressional approval and is on its way to President Biden for his signature. In India, the app was banned nearly four years ago. Here's what happened: WHY DID INDIA BAN TIKTOK? In June 2020, TikTok users in India bid goodbye to the app, which is operated by Chinese internet firm ByteDance. New Delhi had suddenly banned the popular app, alongside dozens o

  • Business
    The Canadian Press

    Stock market today: Global shares track Wall Street rally, led by a 2.4% jump in Tokyo

    HONG KONG (AP) — World shares advanced Wednesday, led by a 2.4% rally for Tokyo’s benchmark Nikkei 225 index that was powered by strong gains for semiconductor makers. European markets opened higher. Germany’s DAX was up 0.4% to 18,200.49 and the CAC 40 in Paris edged less than 0.1% higher to 8,109.21. In London, the FTSE 100 rose 0.4% to 8,078.50. The future for the S&P 500 was up 0.2% and that for the Dow Jones Industrial Average was virtually unchanged. In Asian trading, Japan’s benchmark Nik