Baidu Slumps as Latest AI Model Fails to Impress Wary Investors
Baidu Inc. shares fell by the most in seven months as the newest version of its artificial intelligence…
Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI
Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising…
Nuclear Startup Fermi Invokes Manhattan Project in AI Race
US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are comparable to…
SoftBank Unloads Nvidia Stake for $5.8 Billion in Surprise Move
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of…
SoftBank earnings report 2Q
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22,…
Japan Earnings Beating Expectations Point to Rally Going Further
More and more Japanese companies are beating earnings expectations on growing AI demand, the smaller-than-expected impact of tariffs…
Xpeng Shares Surge to Highest in Eight Months On Optimism Over Humanoid Robots
Xpeng Inc. shares surged to their highest level in three years, amid growing optimism over the Chinese electric…
Current US K-Shaped Economy Threatens Stability
Never miss an episode. Follow The Big Take daily podcast today. The US economy appears remarkably resilient right…
Paramount Says 600 Staffers Took Buyouts After Back To Office Mandate
Paramount, which recently pink slipped 1,000 staffers, said today approximately 600 employees in the LA and New York…
CoreWeave Faces Earnings Pressure as Cracks Appear in AI Trade
After last week’s selloff, this is a tough time to be raising the issue of spending on artificial…
Flip From AI Rally Chase to Bubble Fear Spurs Options Demand
No matter which way the S&P 500 Index goes after a tumultuous month, options volatility looks to be…
AMC Networks Sheds 5% Of Global Workforce Via Voluntary Buyouts
AMC Networks, which is continuing to navigate the transition from linear TV to streaming, is shedding about 5%…