Markets on Wall Street Thursday gave back some of their gains from a day earlier, when the Federal Reserve proclaimed the U.S. economy healthy and left its main interest rate unchanged.
Last month, rival Alibaba posted its fastest pace of revenue growth since late 2023, with revenue for the latest quarter rising 7.6% to 280 billion yuan. Online retailer JD.com earlier this month ...
Shares have fallen in Europe after a mixed day in Asia, where Chinese markets declined on heavy selling of tech-related ...
U.S.-listed shares of PDD fell more than 3% in premarket trading. While government stimulus measures and deep price cuts from retailers have drawn some shoppers, PDD's sales report indicates ...
AsianFin -- SoftBank Group has finalized a $6.5 billion all-cash deal to acquire Ampere Computing LLC, a semiconductor ...
Tencent Holdings is poised for "long-term growth" from its aggressive spending on artificial intelligence (AI) as China's ...
The stock has surged 68% (as of this writing), reaching a level unseen since 2021. After ignoring the tech giant for years, ...
Explore Wan 2.1 and Deepseek R2, the open source AI models redefining innovation, accessibility, and the future of artificial ...
Since the emergence of DeepSeek, Chinese AI has grabbed headlines and been the talk of tech bosses around the globe. However, venture investors in China seem to be in no hurry to ink deals as the ...
Chinese tech giant Tencent is betting big on AI. Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via . Chinese ...
It's never a good sign when rivals try to outspend one another. In China, technology giants Tencent and Alibaba are battling ...
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