Qualcomm’s stock gains as an AI opportunity emerges

This year is shaping up to be a milestone moment for state income taxes after last year’s massive changes to federal income taxes.

A group of Senate Republicans is proposing a bill to authorize $400 million in federal funds for the construction of a White House ballroom.

Advantest Corp.’s stock dropped as much as 6.9% after the maker of AI chip testers gave a lackluster outlook and pointed to continued capacity constraints.

The White House has said US officials were discussing Iran’s latest proposal but maintained “red lines” on any deal to end the eight-week war, including preventing Tehran from obtaining a nuclear weapon. Bloomberg's Laura Davison reports. (Source: Bloomberg)