Finance

China’s tech companies have recently found a silver lining amidst the clouds of economic uncertainty, primarily driven by their ambitious investments in Artificial Intelligence (AI). Despite global economic headwinds, leaders like Alibaba, Baidu, and Tencent reported impressive growth margins in their respective cloud businesses. This is a pivotal moment for the Chinese tech industry, as
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In the turbulent waters of U.S. economic policy, trade tensions have become a primary source of uncertainty, with President Donald Trump’s recent tariff threats sending shockwaves through financial markets. The Chicago Federal Reserve President Austan Goolsbee’s remarks highlight the precarious balance central bankers must maintain when it comes to navigating the political whims of trade
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In a market grappling with volatility and consumer skepticism, few developments resonate as profoundly as Target’s staggering 5.2% drop in share prices. The well-known big-box retailer recently reported first-quarter results that sent ripples of concern through the investment community. While it is not uncommon for companies to offer a less-than-promising sales outlook—especially amid fluctuating consumer
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Flying vehicles are no longer just the stuff of science fiction; they are inching closer to everyday life with companies like Ehang leading the charge. Recently certified by the Civil Aviation Administration of China, Ehang has positioned itself as the only player in the world currently authorized to operate passenger-carrying eVTOL (electric Vertical Take-Off and
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In a disconcerting turn of events, Applied Materials reported a disappointing fiscal second-quarter revenue of $7.10 billion, falling short of analysts’ expectations. This disappointment isn’t simply a minor bump in the road; it reflects a deeper malaise in the semiconductor industry, which has been a critical pillar of technological advancement. The 6% dip in shares
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