Core Viewpoint - The British semiconductor company experienced a decline in profit during its latest quarter, despite an increase in sales driven by heightened demand for its chips in artificial intelligence data centers [1] Group 1: Company Performance - The company logged lower profit in its latest quarter [1] - There was a rise in sales attributed to increased demand for chips [1] Group 2: Industry Context - The demand for chips is particularly strong in the artificial intelligence data center sector [1]

The semiconductor company logged revenue of $12.25 billion, but said the memory supply shortage will put a damper on its performance in the current quarter. ...

Group 1 - The company behind Snapchat has stated that its outlook does not include potential sales from the integration with Perplexity [1] - Snap has not yet agreed on a path for a broader rollout of its deal with the AI company [1]

Tech giant's annual revenues surpassed $400 billion for the first time ...

Soybean futures rose more than 2% after President Trump suggested China may buy an additional 8 million tons of soybeans from the U.S. this season. ...

The Equal Employment Opportunity Commission is investigating allegations that Nike's diversity, equity and inclusion objectives resulted in "a pattern or practice of disparate treatment against white ... ...

Banking committee chair Tim Scott seeks to defuse standoff over the criminal probe of current Fed chair that is complicating Kevin Warsh's nomination. ...

Fears that software companies are facing an extinction event are exaggerated, but other dangers are real. ...

Core Insights - Commercial crude oil stocks decreased by 3.5 million barrels, indicating a tightening supply in the market [1] - Current crude oil stocks are approximately 4% below the five-year average for this time of year, suggesting a potential upward pressure on prices due to lower inventory levels [1]

The Institute for Supply Management's purchasing managers index for services providers was 53.8, in-line with the seasonally adjusted figure in December. ...