Alibaba Group Holding Ltd
Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein
Shein and Temu icons are seen displayed on a phone screen in this illustration photo taken in Krakow, Poland on August 27, 2024. Jakub Porzycki | Nurphoto | Getty Images President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped fuel the explosive growth of budget online retailers, including Temu […]
Read More
Stocks making the biggest moves midday: Frontier, Trump Media, T-Mobile, Starbucks and more
Check out the companies making headlines in midday trading. F5 — Shares jumped more than 11% after the application security company posted better-than-expected guidance for the fiscal second quarter. F5 said to expect revenue to come in between $705 million and $725 million, beating the consensus forecast of $702.7 million from analysts polled by FactSet. […]
Read More
Stocks making the biggest moves premarket: ASML, Alibaba, Nvidia, T-Mobile, Qorvo and more
Check out the companies making headlines before the bell. F5 – Shares soared nearly 14% on the heels of the application security company’s fiscal second-quarter outlook beating Wall Street’s expectations. F5 expects revenue to come in between $705 million and $725 million, while analysts polled by FactSet had penciled in $702.7 million. Nextracker – The […]
Read More
Chinese AI applications now have bigger aims — they’re looking beyond chatbots
The World Artificial Intelligence Conference in Shanghai on July 6, 2023. Aly Song | Reuters BEIJING — A slew of releases last week demonstrate how Chinese companies such as DeepSeek and ByteDance have moved quickly with artificial intelligence models that compete with OpenAI’s ChatGPT. Now, many companies in China are increasingly building on that foundation […]
Read More
Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance
Converge Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance Published Thu, Jan 23 20256:16 PM EST Lucy Handley@in/lucy-handley-b2b0a61a/@lucyhandley WATCH LIVE Source
Read More
Tech stocks ruled in 2024. One pro picks 3 under-the-radar ones to play this year
Tech stocks reigned supreme in 2024, with many investors favoring some of the so-called “Magnificent Seven” stocks of Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla , as well as other lesser-known companies. Principal Asset Management’s Martin Frandsen continues to see potential in the Magnificent Seven this year, but […]
Read More
As TikTok faces potential U.S. ban, China’s RedNote tops Apple app store
U.S., Chinese flags, TikTok logo and gavel are seen in this illustration taken Jan. 8, 2025. Dado Ruvic | Reuters Chinese social media app RedNote has skyrocketed to the top of Apple’s app store, underscoring concerns that TikTok will soon be effectively banned in the U.S. RedNote, or Xiaohongshu as it’s known in China, is […]
Read More
CNBC Daily Open: S&P 500 soared in 2024 despite a weak fourth quarter
A view of the ball drop during Times Square New Year’s Eve 2025 Celebration on December 31, 2024 in New York City. TheStewartofNY | Filmmagic | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
Read More
Alibaba slashes prices on large language models by up to 85% as China AI rivalry heats up
The World Artificial Intelligence Conference in Shanghai in July 2023. Aly Song | Reuters Alibaba is cutting prices on its large language models by up to 85%, the Chinese tech giant announced Tuesday. The Hangzhou-based e-commerce firm’s cloud computing division, Alibaba Cloud, said in a WeChat post that it’s offering the price cuts on its […]
Read More