Nvidia is expecting its Q1 sales to exceed $5.3B on robust demand for its chips that power cryptocurrency mining and data centres, the chipmaker said.
On Monday, the US government announced that the US budget deficit had reached a record high in March of 2021.
The President of the Boston Federal Reserve Bank Eric Rosengren stated on Monday that the US economy would experience a rebound in 2021.
On Monday, Air France-KLM announced that it would raise $1.2 billion in new equity to handle the coronavirus crisis.
US consumers are more optimistic about the labour market and expect higher inflation, a survey released by the Federal Reserve Bank of New York shows.
Intel announced on Monday, that it would start the production of auto chips in six to nine months.
Microsoft plans to purchase artificial intelligence company Nuance Communications for about $16B in cash, the Microsoft CEO Satya Nadella says.
Electric vehicle producer Rivian, backed by Amazon and Ford, plans to use battery cells produced by the South Korean manufacturer Samsung in its vehicles.
New bank loans in China increased by more than expected to $416.62B in March from $210B in February, data released by the People's Bank of China show.
The crackdown on Ant Group directed by the Central Bank of China subjects the company to tougher capital requirements and regulatory oversight and requires it to remove links between Alipay and other businesses.
The US President Joe Biden's $2 trillion infrastructure plan includes $50B for semiconductor research and production, the White House reports.
On Monday, it was revealed by the Chinese government that smartphone shipments to China had increased by 67.7% on an annual basis.
In March, for the first time in a year Japanese wholesale prices increased. The event signals that an economic recovery might have started.
On Monday, the ECB revealed that in the fourth quarter of 2020 bad loans in the euro zone had reached a record low level, which signals that lenders are avoiding giving out bad debt.
The US government announced on Monday that it would meet with heads of 20 companies to discuss the global semiconductor shortage.
On Monday, the shares of Alibaba recovered despite the $2.75 billion anti-trust fine, as the company announced that it does not expect it to impact the company.
On Monday, Asian equities edged lower, as traders and investors await the US corporate earnings reports.
According to official data, Japan's bank lending surged by 6.3% last month, as the COVID-19 pandemic pressured the services sector.
On Monday, the US Dollar languished near a two-and-half week lows against a basket of major currencies, as a drop in the US Treasury yields restrained the Greenback.
Canada's trade surplus narrowed to $792M in February from $960M in January, a report published by the Statistics Canada shows.
Sales of Mercedes-Benz cars increased 60.1% to 222,520 units in the first three months of 2021, the German carmaker Daimler reports.
The global manufacturing activity expanded in March, data published by the China Federation of Logistics and Purchasing show.
The Greek economy is expected to expand 4.8% in 2022, the Bank of Greece Governor Yannis Stournaras says.
Reuters revealed on Sunday that Microsoft had bid $16 billion for Nuance Communications.