Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a significant gain in annual net profit Wednesday and predicted a bright future driven by demand for artificial intelligence.
AGX beat by 63%, backlog doubled to $2.9B, zero debt, +35% on a day the Dow lost 793 points. The AI data center demand is already in the backlog. CCL: Record bookings, 85% prebooked, demand intact through 2028. Unhedged on fuel.
QDRO Acquisition (QADR) prices $200M IPO at $10/unit; QADRU begins trading March 27 on Nasdaq. Read Full Article →
The ceo of BlackRock, the world's largest asset manager: «A change in leadership is not necessary» Read Full Article →
The New York Senate is pulling a proposal to raise an estimated $101 million by hiking taxes on startup investment gains after it faced intense pushback from the tech industry. Read Full Article →
