Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence (AI) and cloud ...
Hedge funds exited U.S. tech and media stocks in the two weeks to February 21 at the fastest pace in six months, according to ...
Wall Street was selling technology stocks after analysts at TD Cowen said Microsoft cancelled leases with “at least two data private center operators.” The Nasdaq Composite dropped 1% in Monday ...
Shares in U.S.-listed Chinese technology companies such as Alibaba, JD.com and Temu's parent company PDD fell sharply Monday. Alibaba recently stood about 9.5% lower, while PDD lost 8%. The pullback ...
Yet SoundHound remains a small company pursuing a potentially massive niche, so if things go well, its stock could deliver ...
S&P 500 dips 0.26% as tech stocks weigh on US indices. Traders eye Nvidia earnings and PCE data for market direction. Read full analysis and forecast.
The massive investment will encompass spending on US suppliers, Apple TV+ content production, and infrastructure expansion.
Canada is at an economic crossroads. The FP Economy: Trade Wars newsletter brings you the latest developments. With Chinese ...
Things have been looking up for Cathie Wood’s flagship Ark Innovation ETF (NYSEARCA:ARKK) since bouncing off last year’s ...
Alibaba Group Holding Ltd.'s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and ...
Asian equities were largely lower despite a weaker US dollar overnight, as Japan outperformed and India underperformed.
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