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China's biggest chipmaker SMIC warns of 'fierce' competition as it misses quarterly profit expectations
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Li Auto says order intake misses expectations as earnings slump
Chinese electric vehicle maker Li Auto said order intake was worse than expected in March as its profit declined in the first quarter.MarketWatch - Business -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
The right US-China policy prioritizes collaboration despite competition
Conflict and hostility currently dominate the China discourse.The Hill - Politics -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
From Deep Positional Recap: Jordan Poole not only one of the biggest misses at SG, but the whole fantasy year
Fantasy basketball analyst Dan Titus continues his positional exit interviews with the shooting guards.Yahoo Sports - Sports -
China's consumption and investment slowed in April, while industrial output beat expectations.
China’s consumption and investment slowed in April, while industrial output beat expectations.The Wall Street Journal - World - China -
Cavaliers' Donovan Mitchell reportedly expected to miss Game 5 vs. Celtics with calf strain
Mitchell is missing his second consecutive game.Yahoo Sports - Sports - NBA -
Celtics C Kristaps Porzingis reportedly expected to miss start of Eastern Conference finals
The Celtics are optimistic the big man will return at some point in the series.Yahoo Sports - Sports -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World
More from CNBC
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Microsoft announces new PCs with AI chips from Qualcomm
Microsoft wants to deliver Windows PCs that can keep up with Apple's MacBooks on artificial intelligence performance and strong battery life.CNBC - Business - Microsoft -
JPMorgan CEO Jamie Dimon signals retirement is closer than ever
The ambiguity of Dimon's plans has made succession timing at JPMorgan one of the persistent questions for the bank's investors and analysts. He is 68.CNBC - Business -
Supreme Court Justice Alito sold Bud Light stock, then bought Coors during boycott
Samuel Alito sold AB InBev stock and bought Molson Coors on the same day, according to a financial transaction report on the Supreme Court justice.CNBC - Business -
Exxon faces opposition from CalPERS after 'devastating' anti-ESG activist suit
CalPERS is withholding its support for Exxon CEO Darren Woods after the company sued environmentally focused activist investors.CNBC - Business -
Shares of Hims & Hers Health surge 30% after startup says it will offer GLP-1 injections
The GLP-1 market has faced supply constraints in recent months as drugs like Ozempic and Wegovy continue to skyrocket in popularity.CNBC - Business