Proxy advisory firm Glass Lewis on Tuesday recommended Crown Castle investors elect two activist director candidates, including the wireless tower owner’s co-founder and former chief executive officer, Ted Miller, to the board.
Southeast Asian technology firm Sea Ltd beat estimates for first-quarter revenue on Tuesday, driven by strong performance of e-commerce unit Shopee, sending U.S.-listed shares of the company up 7% in premarket trading.
Rheinmetall’s civil unit suffered a cyberattack in April last year that cost the German arms manufacturer 10 million euros ($10.80 million), Chief Financial Officer Dagmar Steinert said at the annual shareholders’ meeting.
Taiwanese chipmaker TSMC does not necessarily need to use ASML’s next generation “High NA EUV” machines for an upcoming generation of chip manufacturing technology called A16, which is under development for 2027, an executive said on Tuesday.
Alphabet is expected to announce on Tuesday how it is building on artificial intelligence across its businesses, a day after OpenAI demonstrated a new AI model that can work with sound and images in addition to text.
China’s Ant Group posted a 19% fall in net profit of 7.87 billion yuan ($1.09 billion) in the three months to Dec. 31, according to Reuters calculations based on Alibaba Group Holding’s earnings released on Tuesday.
Spanish bank Santander said on Tuesday some customer and employee data in a database hosted by an outside provider was accessed by an unauthorized party, but that the bank’s own operations and systems have not been affected.
China’s Alibaba Group Holding reported an 86% plunge in fourth-quarter profit on Tuesday primarily due to valuation changes from equity investments, pushing its U.S.-listed shares down almost 6% in early trading though revenue beat forecasts.
Shares of retail darlings GameStop and AMC more than doubled on Tuesday after posts from “Roaring Kitty” Keith Gill raised chatter about the return of the central figure behind the 2021 meme stock frenzy.
