Alibaba gains about $17B after Apple AI clearance, revenue still to come
Alibaba Group Holding Limited jumped 6.2% in late-morning New York trade after China approved Apple Intelligence for local use and Alibaba said Qwen would…
Artificial Intelligence
Alibaba Group Holding Limited jumped 6.2% in late-morning New York trade after China approved Apple Intelligence for local use and Alibaba said Qwen would get integrated across Apple’s main operating systems in China. Alibaba’s…
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Alibaba Group Holding Limited jumped 6.2% in late-morning New York trade after China approved Apple Intelligence for local use and Alibaba said Qwen would…
Apple Inc. got regulatory clearance for its Apple Intelligence product in China on Wednesday, moving the focus for investors to the staying power of…
UiPath Inc. landed a three-year deal to revamp pricing at The Very Group, the UK online retailer, though the company didn’t disclose financials. For…
Nokia Oyj on Wednesday said it launched what it’s calling the first commercial AI-native radio access network platform, developed with NVIDIA. The company said…
OpenAI’s first consumer device, if priced around $250, would have to move 26 million units just to bring in as much gross sales as…
Dell Technologies Inc. climbed 5.8% on Tuesday, adding about $16.2 billion in market value, after preliminary results from International Business Machines Corp. showed large…
MARA Holdings, Inc. shares slipped 0.1% to $12.18 in afternoon trading Tuesday. The stock lagged behind bitcoin’s 4.2% bounce and a 10% surge in…
Nebius shares dropped 6.7% in New York Tuesday afternoon, even though Reflection AI agreed to buy over $1 billion in computing capacity. The stock…
TeraWulf Inc. dropped 8.1% to $19.20 by Tuesday afternoon, sinking as low as $18.63, even while tech stocks benefited from softer inflation numbers. Volume…
Nokia Oyj’s shares slipped 2.5% to €10.30 in Helsinki at 16:44 EEST after investors reacted to a cost warning from Ericsson. The AI-driven rally…
International Business Machines shares slid about 17% before Tuesday’s opening bell after preliminary second-quarter sales and adjusted earnings missed forecasts. The more consequential signal…
National Grid plc shares traded around 1,242 pence on Tuesday ahead of its 11:00 BST annual meeting, where shareholders are due to adopt updated…
Brent crude jumped about 13% in two days, raising worries that higher oil prices could pinch AI-linked stocks just as rate hike odds are…
Palantir Technologies said after Monday’s U.S. market close that it will report second-quarter results on Aug. 3, also after the close, putting a firm…
Western Digital Corp. fell about 5% on Monday as a global selloff hit chip and storage shares, even as Citigroup Inc. raised its price…
Nvidia, Advanced Micro Devices, Dell Technologies and Cisco Systems lost about $232 billion in combined market value during Monday's regular U.S. session. Meanwhile, Alphabet,…