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Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.CNBC - 1d -
These are the factors weighing on Block’s stock after earnings
Block expects accelerating growth as the year goes on, but investors may have wanted more from the company’s overall gross-profit outlook.MarketWatch - 1d -
How much will a $10,000 CD earn by 2026?
You could see hefty returns on a CD at today's rates. Here's how much interest a $10,000 deposit could earn.CBS News - 21h -
Iona earns 65-60 victory over Manhattan
Led by Dejour Reaves' 18 points, the Iona Gaels defeated the Manhattan Jaspers 65-60ABC News - 15h -
Ericsson Shares Slump as Earnings Hit by Weakness Outside of Core Networks Business
The company’s shares fell to the bottom of the Stoxx Europe 600 index as higher operating costs and weakness in some of its business units dented earnings.The Wall Street Journal - Jan. 24 -
Kendrick Lamar earns first UK number one with Not Like Us
The diss track, the knockout blow in his feud with Drake, is now number one in both the US and UK.BBC News - 1d -
China's WeRide Wants to Build Global Robotaxi Empire
The Chinese autonomous-driving company is aiming to make more inroads overseas this year, betting that robotaxis and related services will be in high demand in coming years.The Wall Street Journal - Jan. 24 -
Tesla to Recall Cars in China on Safety Concerns
Tesla China plans to fix 1.2 million China-made and imported vehicles with software issues.The Wall Street Journal - Jan. 24 -
What to Know About China's DeepSeek AI
The Chinese upstart says it has trained high-performing AI models cheaply, without using the most advanced chips.The Wall Street Journal - Jan. 27 -
Trump Eyes a Bigger, Better Trade Deal With China
U.S. officials are considering whether they can strike a deal with China that would ramp up its purchases of American goods and investments in the United States.The New York Times - 3d -
China’s record-breaking blockbuster buoyed by patriotic viewers
‘Ne Zha 2’ rakes in $1.7bn with help from companies organising group outings and repeat viewingsFinancial Times - 1d -
This ETF provider thinks it's time to rethink investing in China
Investors may want to reduce their exposure to the world's largest emerging market.CNBC - 4h -
Block shares plunge 18%, for worst day on market in 5 years after earnings miss
Block had its worst day on the stock market since 2020 after the company reported an earnings miss.CNBC - 22h -
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.CNBC - 5h -
Nvidia options traders are vastly overestimating how earnings will move the stock. Just look at these charts.
Nvidia options aren’t a good trade, this expert says. Here’s what he likes.MarketWatch - 1h -
Silicon Valley Is Raving About a Made-in-China AI Model
DeepSeek is called “amazing and impressive” despite working with less-advanced chips.The Wall Street Journal - Jan. 27 -
IOC finds Olympic sponsor in China through 2032 to replace Panasonic of Japan
The International Olympic Committee has found a sponsor in China to replace long-term commercial partner Panasonic from JapanABC News - 2d -
Hasbro says it's taking steps to offset China tariff effects
Toy and gaming giant Hasbro is shifting manufacturing away from China as it eyes the effects of U.S. tariffs.CNBC - 2d -
China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in ChinaABC News - 2d -
China Defends South Africa’s G20 Ambitions as Rubio Snubs Meeting
The absence of Secretary of State Marco Rubio hung over the year’s first high-level meeting of the world’s largest economies, with diplomats fretting over turbulent times.The New York Times - 1d -
Japan warns over threat from China’s chip material export controls
Officials and executives say gallium rules will upset supply chains for chips and vehicle batteriesFinancial Times - 1d -
Planes diverted as China conducts rare military drill near Australia
China's naval exercise in the Tasman Sea has put Australia and New Zealand on alert, with Canberra calling it "unusual".BBC News - 1d -
Australia says China's "live fire" drill warning diverted flights midair
Australia's defense forces, joined by New Zealand, have been monitoring Chinese navy vessels since they were spotted last week.CBS News - 1d -
Starmer to tell Trump that UK’s Chagos deal will avoid tensions with China
PM to claim if US rejects Mauritius’s claim to own the islands, Beijing will be drawn into the regional dispute. Keir Starmer is to urge Donald Trump to recognise that a US rejection of Mauritius’s ...The Guardian - 1d -
On the ground in the Cook Islands, controversial deal with China stirs debate
Some residents say the agreement has harmed relations with New Zealand while others welcome the economic benefits it may bring. Standing under the shade of trees outside the Cook Islands parliament ...The Guardian - 19h -
Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.The New York Times - 15h -
Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.The New York Times - 15h -
China conducts second live-fire drill near New Zealand
Report from New Zealand navy personnel comes a day after similar drill forced multiple airlines to change flight paths between Australia and New Zealand. Get our breaking news email , free app ...The Guardian - 10h -
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China taps tech talent to boost AI data centre boom
Beijing is pooling resources from the private and state sectors to accelerate adoption of the fast-developing technologyFinancial Times - 6h -
‘She’s bleeding her retirement dry’: My friend earns $9 an hour, but wastes money on vacations and massages. What can I do?
‘She blew through her inheritance fast and paid for the down payment on her car with credit cards’MarketWatch - 18h -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - 6h -
China supports 'recent consensus' between US and Russia on Ukraine war, foreign minister says
China supports “the recent consensus” between the U.S. and Russia on the war in Ukraine, said Wang Yi, the country’s foreign minister, amid ongoing discussions about bringing an end to the nearly ...The Hill - 1d -
If we want to win the 5G war with China, we need to fully embrace American capitalism
The race to dominate 5G technology is a decisive battle for economic supremacy in the 21st century. Unfortunately, the U.S. has fallen behind.The Hill - 1d -
Australia confronts China over apparent live-fire exercises conducted off coastline
Deputy PM Richard Marles says explanation for the drills, which were conducted in international waters and according to international law, are ‘unsatisfactory’. Get our breaking news email , ...The Guardian - 20h
