Maersk Shares Rise as Higher Freight Rates Trigger Guidance Raise

Stock rose after the shipping group raised its full-year guidance for the second time in less than three months, citing higher freight rates and strong demand in Asia.

Lenovo Posts Record Revenue, Expects to Hit $100 Billion Goal This Year

Lenovo Group kicked off its fiscal year on a strong note with record-high revenue thanks to robust artificial-intelligence infrastructure demand and its resilient personal-computer business.

SMIC Posts Earnings Beat as Mature-Node Orders Surge