Three China stocks that analysts are watching for longer-term opportunities
Finance
Britain’s motor finance industry is in crisis – with banks bracing for billions in payouts
Key Points Britain’s motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country’s costliest consumer banking scandal. The crisis stems back to a landmark judgement from the U.K.’s Court of Appeal in late October, when the court ruled it was unlawful for car dealers to receive bonuses […]
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Finance
Chinese AI startup takes aim at OpenAI’s Sora with image-to-video tool launch
Key Points Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos from images. When prompted with text and images, Vidu’s new AI feature can combine three pictures — such as a shirt, person and moped — into a video of the person wearing the […]
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Finance
Stocks making the biggest moves after hours: Ibotta, Cisco Systems, CNH Industrial and more
Check out the companies making headlines in extended trading. CNH Industrial — Shares popped nearly 8% after Greenlight Capital’s David Einhorn at CNBC’s Delivering Alpha conference told attendees he took a medium-sized position in the agricultural equipment company. Cisco Systems — Shares inched lower by less than 1% even after Cisco Systems posted a beat […]
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