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China built resilience to an energy shock — it’s paid off for Chinese assets amid the Iran war
19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear). Bernd von Jutrczenka | Picture Alliance | Getty Images The outbreak of the Iran war sparked a sharp sell-off across most regions and asset classes in March, as investors weighed […]
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The Tech Download: Reputational damage, supply chain issues and local investment. What’s next for Middle East tech?
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. The past week has seen some progress, albeit uneasy and stilted, being made towards ending the Iran war. A two-week ceasefire was agreed on Wednesday, and while it looks fragile, hopes of the conflict approaching a close are […]
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Behind China’s ‘active efforts’ for an Iran ceasefire: Business trumps politics
BEIJING — China’s ties with countries such as Iran and Russia have raised expectations of a bigger diplomatic role, but Beijing remains focused on protecting its own domestic interests, including global exports. That stance underpins Beijing’s circumspect acknowledgment of reports that it pushed Iran toward this week’s temporary ceasefire. A New York Times report cited […]
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TSMC posts 35% jump in revenue to new record high as AI chip demand stays strong
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan Semiconductor Manufacturing Co. on Friday posted another quarter of record revenue driven by demand for AI chips. For January to March, the world’s largest chipmaker reported revenue of 1.13 trillion new Taiwan […]
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The Trump administration is getting angry as EU Big Tech fines top $7 billion in 2 years
The Trump administration is increasingly on a collision course with the European Union over Big Tech fines. Google, Apple and Meta are contesting fines from the EU over violations of the bloc’s antitrust and competition laws, which total over 6 billion euros, or $7 billion, since the start of 2024. They’re an increasing bone of […]
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Anthropic weighs building its own AI chips: Reuters
Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. Samuel Boivin | Nurphoto | Getty Images Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the […]
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OpenAI slams Anthropic in memo to shareholders as its leading AI rival gains momentum
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images With Anthropic gaining momentum in the booming AI market, OpenAI sent a memo to investors this week slamming its chief […]
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AI threat’s relentless flogging of software stocks shows no end in sight with Anthropic’s new agent
Software’s artificial intelligence troubles don’t appear as though they will let up anytime soon, following the sector’s slide after Anthropic’s latest product and revenue updates. Software is down again this week, with the iShares Expanded Tech-Software Sector ETF (IGV) falling Wednesday — when most of the market participated in a sharp rally following President Donald […]
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Andy Jassy makes it clear giving up on Amazon’s stock would be an expensive mistake
Amazon ‘s stock performance hasn’t been much to write home about lately. But CEO Andy Jassy’s latest annual letter to shareholders strengthened our resolve to stick with it. The reason: Amazon is putting a ton of shots on goal, and the company’s track record suggests enough of them will find the back of the net, […]
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Meta released a new AI model this week. JPMorgan sees it as a turning point for the stock
Meta Platforms is a buy following the release of its long-awaited artificial intelligence model this week, according to JPMorgan. The investment bank reiterated its overweight rating for Meta. It also reaffirmed its $825 price target on shares, suggesting 34.7% upside from Wednesday’s close. “The launch of Muse Spark should provide increased confidence in Meta’s scaling […]
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