Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, has filed for a secondary listing in Hong Kong in what could be the city’s largest stock…
Investing
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Apple has teamed up with Chinese e-commerce giant Alibaba to develop artificial intelligence (AI) features for iPhones in China, a move seen as a strategic response to declining sales and…
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Investing
Chinese EV makers NIO, Xpeng, Li Auto see shares slip up to 6% after BYD’s new partnership with DeepSeek
NIO Inc.’s stock is trading lower on Tuesday following an announcement by BYD Auto regarding the inclusion of self-driving technology in its vehicles. The announcement is probably seen as a…
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OpenAI CEO Sam Altman has dismissed Elon Musk’s offer to buy the nonprofit that controls OpenAI, calling it “ridiculous” and reaffirming that the company is not for sale. Speaking to…
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Coca-Cola may shift a larger share of its packaging from aluminum to plastic bottles if President Donald Trump’s latest tariff hikes take effect, CEO James Quincey said Tuesday. Speaking during…
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OpenAI CEO Sam Altman’s terse “no” at a Paris conference seemed to shut the door on Elon Musk’s surprise $97.4 billion bid. But experts say the reality is far more…
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US stock futures remained largely unchanged on Tuesday evening, as investors awaited the release of January’s critical inflation report. The report’s findings are expected to offer crucial insights into the…
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Meta, the social media behemoth behind Facebook and Instagram, is riding the crest of a wave after a historic winning streak that defied broader market trends and AI-related investor anxieties.…
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Investing
Intel stock surges as Vance pledges to protect US AI technology, boost domestic production
Shares of Intel (NASDAQ: INTC) rose 8% on Tuesday after Vice President JD Vance emphasized the Trump administration’s commitment to protecting American artificial intelligence technology from foreign threats. Speaking at…
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Asian equity markets exhibited a mixed performance on Wednesday as investors continued to monitor President Donald Trump’s latest trade policies and assessed the implications of Federal Reserve Chair Jerome Powell’s…