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ALIBABA EARNINGS REPORT
How Trump and his family are profiteering from Chinese AI which his administration labels as dangerous for the USAmid increasing scrutiny, the Trump family's business dealings with Chinese AI companies come into the spotlight. The partnership between W...
Trump crypto firm backs venture offering AI from restricted Chinese companiesWorldClaw, founded earlier this year, offers customers access to a suite of AI models and accepts World Liberty's crypto tokens as payment....
AI boom reshapes emerging markets, but surging volatility tests investor nervesArtificial intelligence has powered a strong rally in emerging-market technology stocks, led by semiconductor giants in South Korea and Tai...
Global Market: China stocks rebound on AI, chip rally; Hong Kong shares slipChinese stocks rebounded on Tuesday, led by gains in AI and semiconductor shares, as renewed optimism over the sector and a global technolo...
Global Market: Zhongji Innolight shares slip in Hong Kong debut after record $6.8 billion IPOChinese optical component maker Zhongji Innolight fell up to 8% in its Hong Kong listing debut on Thursday after raising HK$53.4 billion ($...
Global Market: China stocks slip as AI-linked selloff deepens; Hong Kong gains on internet sharesChinese stocks fell Wednesday as artificial intelligence shares faced selling pressure. Hong Kong shares outperformed, driven by strong gai...
Seoul Semicon’s India plans; Specialty healthcare attracts VCsSouth Korea's Seoul Semiconductor is planning a manufacturing foray in India. This and more in today's ETtech Top 5.
DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
What is SpaceX's IPO ticker and where will it be listed as SpaceX stock begins trading today, June 12, in the biggest IPO in history— should investors buy on day one?SpaceX IPO Ticker, Nasdaq Listing and $1.78 Trillion Valuation: The wait is finally over. SpaceX stock began its historic market debut toda...
Alibaba to exceed planned AI spending and says margin is secondaryAlibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly...
Alibaba quarterly revenue rises on cloud demand, ecommerce growthAlibaba's revenue climbed 3% driven by strong cloud and AI growth, with its China e-commerce unit boosted by government subsidies. Despite ...
Ant Group quarterly profit falls 60% to $663 millionAlibaba said the decrease in profit for Ant Group was mainly attributable to "investments in new growth initiatives and technologies, and t...
Ant Group quarterly profit falls 60% to $663 millionChinese fintech company Ant Group posted a 60.5% slide in net profit to 4.74 billion yuan ($662.7 million) in the three months to March 31,...
Alibaba seeks to refinance $6.5 billion bank loan due next yearAlibaba is offering to pay a pricing of below 80 basis points over the Secured Overnight Financing Rate to existing lenders agreeing to gra...
Alibaba Q3 Results: Co beats revenue estimates on strong year-end shopping salesChina's Alibaba Group Holding on Wednesday topped Wall Street expectations for third-quarter revenue, on strong year-end shopping sales and...
Alibaba's quarterly revenue beats even as China's economic recovery sputtersIn the first quarter of its staggered financial year, the group's revenue amounted to 234.1 billion yuan ($32.5 billion), higher than analy...
SoftBank raises $22 billion by selling Alibaba derivativesSoftBank has this year executed the sale of about a third of its Alibaba stake through these contracts, a type of derivatives that allows t...