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AI SPENDING IN CHINA
China's Tencent posts 11% second-quarter revenue rise, profit misses estimatesFor the three months ended June, the Shenzhen-based gaming and internet company reported revenue of 204.8 billion yuan ($30.36 billion), ...- How China’s big push to win back tourists is paying offChina's tourism sector is experiencing a significant resurgence after pandemic restrictions eased. Visa-free travel policies have attracted...
- A Chinese farmer trusted AI after months of useful advice; its unverified pesticide recommendation reportedly destroyed nearly 25 acres of sesame seedlingsA Chinese farmer faced devastating crop loss after relying on AI guidance for pest control. Unfortunately, the AI recommended a harmful che...
- US defends dollar as yen weakness threatens global currency orderThe US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...
- Chinese AI drives price competition among US labsA new generation of cost-efficient, high-performance Chinese AI is putting pressure on Silicon Valley's leading labs to lower prices to gra...
- What is Unitree and why are China's humanoid robot makers racing to list?Its G1, H1 and R1 humanoids have gone on to attract global attention through viral demonstrations showing them running, dancing and perform...
- Global Market: Asian multi-strategy hedge funds hit by AI stock rout in JulyMajor Asian multi-strategy hedge funds suffered sharp losses in July 2026 as an artificial intelligence and tech stock selloff erased early...
- Nvidia plugs into India's sovereign AI stack, joins Sarvam's $75 million raiseThe latest investment follows the first close of the Series B in June when HCLTech led a $234 million financing alongside Bessemer Venture ...
- Explained: How AI-led Kospi, Nikkei selloff sparked record 15% drawdown in Asian funds in JulyAsia’s major multi-strategy funds suffered sharp July losses as an AI-linked stock selloff across Japan, South Korea and China erased much ...
- Somebody will disrupt the market! Why JPMorgan CEO Jamie Dimon is raising alarm over high leverageJPMorgan CEO Jamie Dimon warned that elevated market leverage and hidden borrowing could amplify volatility, increasing the risk of sudden ...
- AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
- US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink businessSpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI in...
- Chip stock rout deepens: SOX in bear mode as Nvidia, Micron, SK Hynix lead lossesSemiconductor stocks have seen a significant market capitalization drop recently. Investors fear an artificial intelligence bubble and Chin...
- SpaceX's first results put Elon Musk's AI spending under Wall Street's microscopeSpaceX's upcoming earnings report is set to provide insights into Starlink's profitability as it expands into AI and space initiatives. Ana...
- SpaceX's first results put Elon Musk's AI spending under Wall Street microscopeSpaceX is poised to reveal its next earnings report, signaling Starlink's profitability and its pivotal role in financing AI and space init...
- CXMT plans second chip plant in Beijing and is in talks on its funding, sources sayChina's largest chipmaker CXMT is planning a new memory-chip plant in Beijing. This facility would be built in the Yizhuang area where anot...
- Chris Wood warns AI capex binge may burn billions as markets turn against Big Tech spendingWood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the...
- South Korea July exports beat forecasts on robust demand for AI investmentsSemiconductor exports jumped 179% as memory chip prices continued to rise despite the issues of Apple's potential use of Chinese memory ch...
- China emerging as long-term AI winner despite semiconductor market volatility: JefferiesChina leads the artificial intelligence race, particularly in consumer markets. Global semiconductor stocks face volatility, nearing 200-da...
- US faces risk of 'massive capital destruction' as Chinese AI models challenge hyperscalers: JefferiesThe United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI ...
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