Chinese smartphone companies tout AI features ahead of Apple Intelligence launch

Key Points

Honor, a spinoff from Huawei that focuses on higher-end devices, revealed Wednesday the latest version of its Android-based Magic operating system would focus on AI as an assistant.
Telecommunications giant Huawei on Tuesday launched an upgrade to its HarmonyOS system that uses in-house AI to allow users to translate text, take notes and edit photos.
Apple fell out of the top five smartphone players in China earlier this year, according to Canalys.

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Finance

Alibaba-backed PixVerse launches real-time AI video tool, as Chinese rivals race past OpenAI on speed and cost

January 13, 2026

Key Points PixVerse co-founder Jaden Xie spoke with CNBC in an exclusive interview about financing and AI slop. The company released a new AI model for generating video in real time. Xie predicts the interactive tech can transform how people watch shows and play video games. Source

Finance

JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects

January 13, 2026

Key Points JPMorgan Chase reports fourth-quarter earnings before the market open Tuesday. Wall Street expects earnings of $5 a share and revenue of $46.2 billion, according to LSEG. JPM executives will host a call with analysts at 8:30 a.m. ET. Source

Finance

Trump targets credit card rates. What’s at stake for Capital One and other banks

January 12, 2026

Capital One shares dropped more than 6% on Monday after President Donald Trump targeted a key way that our favorite credit card issuer makes money. The weakness in Capital One followed Trump’s call for a one-year, 10% cap on credit card rates to take effect on Jan. 20. In his Truth Social post late Friday […]