China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce

How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI

DeepSeek's sudden emergence has put the AI industry's focus on a technique called distillation.

CNBC - 2d

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 - 3d

Amazon surpasses Walmart in revenue for the first time

Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.

CNBC - 3d

Block shares fall on profit, revenue miss

Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.

CNBC - 3d

Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI

Chinese tech group says it will spend more on artificial intelligence in next three years than over past decade

Financial Times - 3d

Is China investable again?

It always was — at the right price and for those with eyes wide open to the economic downside

Financial Times - 4h

With Truth Social, Trump Has Official Mouthpiece and a Channel for Revenue

The president’s company, Trump Media & Technology Group, represents a clear mingling of his official duties and his business interests.

The New York Times - 3d

US says revenue from minerals deal will fuel Ukraine’s postwar growth

Kyiv remains sceptical of plan as Treasury secretary Scott Bessent denies it is ‘coercive’ in FT opinion article

Financial Times - 22h

Emotionally Intelligent People Use a Brilliant 5-Word Question to Think Clearly and Make Better Decisions

Truly successful people know that the key to clear thinking isn’t taking emotions out of the picture: It’s balancing emotions with logic effectively.

Inc. - 22h

Ecuador will seek foreign military aid to combat drug cartels as violence surges

The government of Ecuador has taken another step in its effort to gain help from foreign military forces to combat drug cartels and various organized crime groups

ABC News - 4d

Singapore fund managers face lengthy licence wait amid surge in applications

Demand partly driven by Chinese quants expanding abroad after crackdown at home

Financial Times - 1d

Decaffeinated Brazilians blame Lula for surging cost of morning brew

Food inflation weighs on the ratings of leftwing leader of Latin America’s largest nation

Financial Times - 1d

‘Now is the time of monsters’: young Berliners despair at far-right surge

Alternative für Deutschland projected to finish second in federal election with about 20% of the vote. For more than 150 years, the symbolism of the Siegessäule , or Victory Column, in Berlin’s ...

The Guardian - 11h

It's official: Conservatives win German election and far-right surges

Provisional results confirmed that mainstream conservatives led by Friedrich Merz won Germany's national election, while a far-right party surged to become the nation's second-largest.

CBS News - 2h

GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says

Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.

CNBC - 3d

Where to see cherry blossoms in South Korea

Yahoo News - 2d

Guardiola sees 'bright future' for Man City

Pep Guardiola says he sees a "bright future" for his Manchester City side, despite Sunday's 2-0 defeat by Liverpool.

BBC News - 12h

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 - 4d

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 viewings

Financial Times - 3d

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 - 1d

China government spending on citizens lags economic peers

Relatively low expenditure that directly supports individual consumption could undermine growth efforts

Financial Times - 1d

Tennis participation grows to more than 25M players in the US even as pickleball's popularity surges

The U.S. Tennis Association says participation in the sport around the United States rose to 25.7 million players in 2024

ABC News - 4d

Nissan stock surges on report it’s seeking Tesla deal. How the odd pairing could work.

What ailing Japanese automaker Nissan could have that Tesla would want.

MarketWatch - 3d

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 - 1d

Conservatives win German election while far-right party surges to second place

Provisional results confirmed that mainstream conservatives led by Friedrich Merz won Germany’s national election, while a far-right party surged to become the nation’s second-largest.

NBC News - 2h

England to show ‘nastiness’ as Itoje backs side to wrestle back Calcutta Cup

Captain calls on his team to ‘create our own history’ Assistant coach Tom Harrison: ‘there’s a nastiness to us’ England have vowed to show their nasty side against Scotland on Saturday with the ...

The Guardian - 2d

Sources: Popovich not expected back this season

Spurs Hall of Fame coach Gregg Popovich is not expected to return this season, and his NBA future is uncertain as he recovers from a stroke suffered in November, sources told ESPN's Shams Charania.

ESPN - 15h

Agencies push back on Musk ultimatum

Elon Musk and DOGE sent an email to federal employees demanding they list five things they worked on in the past week, saying failure to respond would be taken as resignation. But multiple agency ...

CBS News - 9h

Our guide for what to see during Frieze Los Angeles

It's the sun in the middle of L.A. art week's solar system. Here are our favorite exhibitions and events happening at Frieze and beyond.

Los Angeles Times - 5d

Walmart Racks Up Sales Record but Sees Slower Growth Ahead

The retail giant continues to attract shoppers from across the income spectrum, but faces headwinds from stubborn inflation and the risk of tariffs.

The New York Times - 3d

Gordon Ramsay restaurant sees 477 lucky cat thefts

The cat figurines known as maneki-neko feature within the TV chef's Lucky Cat restaurants.

BBC News - 3d

Fired federal workers see their dreams shattered and an uncertain future

As the Trump administration hacks away at government agencies, many employees who were cut are left fearing for their future and in the dark about their next steps.

ABC News - 3d

With RFK Jr. in charge, supplement makers see chance to cash in

The FDA is already limited in policing claims of health benefits by makers of supplements and herbal remedies — a $70 billion industry. Get ready for even less regulation.

CBS News - 2d

Haberman: Trump, advisers see Musk as 'useful heat shield' for criticism

New York Times White House correspondent Maggie Haberman says President Trump and his advisers have identified tech giant Elon Musk as a “useful heat shield” for criticism on his administration's ...

The Hill - 2d

Wife of would-be German chancellor only sees him on TV or Instagram

Yahoo News - 2d

Risers and fallers: Brook Lopez to see increased usage down the stretch

Steve Alexander highlights five names trending upwards and five downwards, with key takeaways for each.

ESPN - 2d

Stock Market Sees Biggest Declines of Trump’s Presidency So Far

Fueling a 1.7 percent decline on Friday was an unexpected drop in the University of Michigan’s consumer sentiment index, as Americans worried about stubborn inflation.

The New York Times - 2d

'See you in court': Trump clashes with Democratic governor at White House event

At a White House event with a bipartisan group of governors Friday, President Donald Trump briefly sparred with Democratic Maine Gov. Janet Mills.

ABC News - 2d

Wall Street sees major drop amid concerns over slowing economy

Wall Street saw a dramatic drop on Friday with the Dow Jones plunging nearly 750 points, and the S&P 500 and Nasdaq falling sharply amid fears of a slowing economy and stubborn inflation. CNBC’s ...

NBC News - 1d

China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce

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