China’s AI Boom Fuels Rally in Power Stocks as Next Winner
Chinese power stocks are headed for their best week in years as investors bet on the surging energy…
Singapore: DBS Retrains Staff as It Braces for AI to Reshape Jobs, Skills
DBS Group Holdings Ltd. is retraining its staffers for new roles as it braces for artificial intelligence to…
Revolut Faces Off With Klarna in Nordic Fintech Push for 3 Million Users
Revolut Ltd., Europe’s largest digital bank, is set to open a local branch next year in Stockholm as…
EchoStar Takes $16.5 Billion Charge, Sells More Spectrum
EchoStar Corp. reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk’s…
Qualcomm CEO Says the World Is Underestimating How Big AI Will Get
The promise of artificial intelligence has already upended the economy and added trillions of dollars in market value…
Lilly, Novo to Lower Obesity Drug Prices in Deal with Trump
Eli Lilly & Co. and Novo Nordisk A/S secured deals with the Trump administration to slash prices for…
Arm Gives Bullish Forecast, Pointing Toward AI Demand Surge
Arm Holdings Plc, which provides the most widely used technology in computing processors, gave a bullish revenue forecast,…
Apple Plans to Use 1.2 Trillion Parameter Google Gemini Model to Power New Siri
Apple Inc. is planning to use a 1.2 trillion parameter artificial intelligence model developed by Alphabet Inc.’s Google…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…
AMD’s Outlook Fails to Wow Investors After AI-Fueled Rally
Advanced Micro Devices Inc., the main contender to Nvidia Corp. in the artificial intelligence chip market, failed to…
CEOs Express Optimism Over China Retail as Economic Downturn Nears End
Top executives at Western brands that do business in China are showing cautious optimism that consumer spending in…
Morgan Stanley CEO Says Asset Managers Want China Exposure
China remains a top draw for global asset managers as confidence returns, with investors acknowledging that the world’s…