TikTok Parent ByteDance Takes Aim At Alibaba, DeepSeek With New Open-Source AI Model ByteDance released an open-source AI model to compete with Alibaba and DeepSeek. Alibaba stock down. ByteDance's model surpasses others in tests.
Alibaba Unites Its Empire To Fight Back Against Meituan Alibaba and Ant Group have launched a unified strategy to challenge Meituan in China's instant commerce market, including improved welfare for delivery workers.
Baidu's AI Cloud And Robotaxis Become Growth Engines As Ad Business Slows Baidu's Q2 results show AI Cloud growth cushioning a decline in ad revenue, while CEO Robin Li accelerates global robotaxi expansion.
SoftBank Shares Plunge Over 7% In Tokyo After $2 Billion Intel Bet As Asian Tech Stocks Tumble Following Nvidia-Led US Sell-Off SoftBank shares tumbled over 7% after its $2 billion Intel investment as Asian tech stocks, including TSMC and SK Hynix, fell in a Nvidia-led global sell-off amid fresh CHIPS Act oversight concerns.
Nvidia's Dilemma Could Redefine The Future Of China Tech ETFs Nvidia's China woes have major implications for tech ETFs as Beijing pressures firms to use domestic alternatives. Near-term risk for KWEB and CQQQ.
Alibaba's AI Momentum Builds As Qwen Coder Gains Market Share Alibaba and Baidu led China's public cloud services for AI, each capturing roughly 25% of the market in 2024.
China’s AI Cloud Sector Surges 55% As Demand For LLMs Grows China’s AI public cloud sector hit $2.7B in 2024, with Baidu and Alibaba leading growth fueled by LLM adoption.
Why Cathie Wood's ARK Invest And Others Are Betting On Pony.AI Pony AI is gaining support from global investors as it expands its robotaxi fleet and moves towards profitability. ARK Invest and other major investors have recently backed the company.
Valuations in Focus: Are Stocks Overpriced, and Where is the Smart Money Flowing? The financial markets are currently grappling with a significant debate surrounding stock valuations, particularly as the meteoric rise of Artificial Intelligence (AI) and growth stocks fuels concerns reminiscent of the infamous Dotcom Bubble. While a select group of large-cap technology companies has driven much of the market's recent gains, a
These Undervalued Growth Stocks Could Surge 50% by 2026 These top companies offer excellent return prospects from their depressed valuation levels.
Trump's Tariff Ceasefire Is Failing To Stop US-China Trade Collapse: Container Ship Traffic Hits Lowest Readings In 2 Years Container shipping activity between China and the United States is sliding again, with traffic hitting its weakest levels in two years, according to the latest reports.
Consumer Tech News (August 11–August 15): Consumer Sentiment Slips, Stimulus Sparks Rallies, and Cisco & Applied Materials Headline Earnings Consumer Tech News (Aug 11–15): Earnings season winds down as sentiment slips, China stimulus lifts markets, and Cisco & Applied Materials shine amid volatile macro conditions.
Beijing's Consumer Loan Push And Trade Truce Boost China ETFs The KraneShares CSI China Internet ETF and the iShares MSCI China ETF are garnering renewed investor interest.
David Tepper's Hedge Fund Bets On Intel, UnitedHealth; Cuts Position In Four Mag 7 Stocks David Tepper sold casino stocks and bought airline stocks in the second quarter. Here's a look at the changes made to the Appaloosa hedge fund.
Alibaba Launches AI-Powered Agent To Automate Merchant Operations Alibaba's Accio Agent aims to transform online business operations through AI automation, as rivals like Amazon roll out their own agents.
JD.com Is Trying To Mirror Amazon's Global Playbook With Joybuy Launch, CECONOMY Deal In Europe JD.Com Inc. is stepping up its international ambitions with a playbook that closely resembles Amazon's approach to overseas expansions.
Lululemon, Wendy’s, Peloton Get Some Institutional Love As Hedge Funds Shuffle Consumer Stocks Deck Although covering the April–June period, these trades are closely watched by the investment community, often serving as key signals for the stocks.
Philippe Laffont's Coatue Management Adds Oracle, Ups Nvidia, Broadcom Stake In Q2 Coatue Management increases investments in AI, semiconductor and cloud companies in Q2. Notable additions include Microsoft and Arm Holdings.
