Alibaba Leads Record Deal to Create $2.5 Billion China AI Firm
Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, the latest in a…
Stocks Take a Breather at Start of Data-Rich Week: Markets Wrap
European stocks and US equity futures posted small moves as investors geared up for a busy week of data, including…
Oil Edges Lower as Investors Weigh Tight Market and Soft Demand
Oil dipped as investors weighed signs of a tightening market against persistent concerns around demand. Brent slipped toward $83 a…
China’s Lenovo beats on revenue, to focus on AI PCs
China’s Lenovo Group, the world’s largest maker of personal computers (PCs), reported stronger-than-expected earnings on Thursday, with revenue returning to…
Reddit strikes AI content deal with Google ahead of IPO: Sources
Social media platform Reddit has struck a deal with Google to make its content available for training the search engine…
Amazon Set to Replace Walgreens in Dow Jones Industrial Average
Amazon.com Inc. is finally joining the famous Dow Jones Industrial Average. The e-commerce giant will replace Walgreens Boots Alliance Inc.…
Dollar steady before data; yen slips despite GDP surprise
The dollar held steady on Thursday as investors waited for data on U.S. retail sales and jobless claims, while the…
Renault shares rally as investors cheer dividend jump
Shares in Renault hit two-month highs on Thursday after the French carmaker posted full-year 2023 net profit slightly below forecasts…
Tesla’s Response to Demand Drop as Stock Falls
Tesla (TSLA) shares edged lower Monday after the carmaker unveiled a fresh round of U.S. price cuts, raising further questions…
Lockheed Martin Will Sell $23 Billion Worth of F-16 Fighter Jets to Turkey
Military contractor Lockheed Martin (NYSE: LMT) is in the business of building fighter jets — and business is booming. In…