Stock markets in Asia fell while safe-haven assets such as U.S. Treasurys, the yen and the Swiss franc rose sharply after Israel launched a retaliatory strike against Iran early Friday.

The dollar recently hit a 34-year high against the yen, sending ripples through global markets.

Stocks mostly slumped Thursday as investors digested a range of corporate earnings including a better-than-expected report from Alaska Air.

The chip industry is recovering more slowly than expected from the inventory glut of 2023 but the semiconductor investments required for the rapid growth of artificial intelligence are on track.

A factory in India would be a significant risk—but maybe one worth taking.

The asset manager has resisted a significant fee cut, betting that rising bitcoin prices will continue to buoy its fortunes.