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Tencent Holdings Ltd. launched its latest and best image-generation model on the same day as rival Alibaba Group Holding Ltd. kicked off its AI conference, signaling intent to catch up to industry leaders like ByteDance Ltd.

The AI chip giant's $108 billion forecast puts its AI chip sales to China at zero. On Thursday, the two governments holding them there will meet at the White House.

With new CEO John Ternus coming from the hardware side of the business, one of the first things the company announced was a major change to the iPhone, the iPhone Duo.

On September 17, Halozyme (NASDAQ:HALO) priced $1.3 billion of convertible senior notes due 2033, an offering that grew from an originally planned $1.05 billion as demand came in. The notes carry a 1.50% coupon and convert into stock at $139.84 a share, a 27.5% premium to the $109.68 closing price that day. Investors who like […]

BEIJING, Sept 22 (Reuters) - Alibaba Group plans to train a new artificial intelligence model with 5 trillion to 10 trillion parameters, Chief Executive Eddie Wu said on Tuesday, as the Chinese

Burry’s indirect AI bet is ERO, saying that data-center construction will intensify copper demand while new mines take 18 years to reach production.

Stock markets climbed on Tuesday as the success of Meta's new AI agent and US-China talks on artificial intelligence fanned a tech-led rally.- AI apocalypse - US and Chinese economic officials met Sunday in New York for closely watched talks on trade and artificial intelligence to lay the groundwork for the meeting.

Jim Cramer explains how Tim Cook's capital strategy and AI positioning set up Apple stock for its next growth phase.

Jamie Dimon is warning Wall Street that Main Street may not be ready for what comes next.

Sandisk’s AI surge has created a very different problem

Google will support nuclear plant upgrades in Georgia that could add 96 MW of capacity and deliver projected customer savings.

Alibaba Group Holding Ltd. is rolling out what it calls China’s most powerful AI chip, an accelerator to compete with Nvidia Corp. and underpin a massive expansion of data center capacity in coming years.

By Ruma Paul and Sam Jahan SAVAR, Bangladesh, Sept 22 (Reuters) - A gas and power crisis has hit production at most Bangladeshi garment makers, but at 4A Yarn Dyeing, a supplier to Walmart, Gap and

Reddit (NYSE:RDDT) secured a key court ruling in its contract dispute with Anthropic over Reddit’s User Agreement. The judge found Reddit supplied adequate evidence that Anthropic is bound by terms governing how Reddit data can be used. The decision strengthens Reddit’s efforts to assert control over AI training on its platform content and pursue data licensing revenue. Reddit’s courtroom win over Anthropic matters, but investors need to weigh it alongside the broader Reddit investment case...

Old Dominion Freight Line recently implemented a 4.9% general rate increase on select LTL and related tariffs to help offset cost pressures and fund investments in real estate, equipment, technology, and competitive wages. The rate move, combined with upward earnings estimate revisions and a favorable Zacks Rank, highlights how pricing power and analyst expectations are shaping perceptions of Old Dominion’s operating strength. Next, we’ll explore how this October rate increase could...

Paramount Skydance Corp.’s (NASDAQ:PSKY) $110 billion acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD) has cleared a major legal hurdle after the company reached a settlement with a coalition of U.S. states and the Writers Guild of America. Paramount Warner Bros. Discovery Merger Clears Antitrust Fight The settlement on Monday allows the merger to move forward while requiring Paramount to accept several conditions aimed at addressing concerns over competition, jobs and media concentratio

GE Vernova’s momentum is building day after day.

Nasdaq (NASDAQ:NDAQ) CFO Sarah Youngwood said the company sees a constructive macroeconomic backdrop, citing investment in artificial intelligence and digital technologies, resilient consumers and corporate earnings that she said are supporting market valuations. Speaking at a fireside chat with an

Iambic Therapeutics, Inc., an AI drug discovery company backed by Nvidia Corp. (NASDAQ:NVDA) and the Qatar Investment Authority, filed for an initial public offering, according to an S-1 filing with the SEC on Monday. Plans to List on Nasdaq, Under Ticker ‘IAM’ Iambic said it plans to use the IPO proceeds, along with its existing cash, to continue advancing its three cancer drug candidates through clinical development, with any remaining funds going toward general operating costs. It will go pub

Amazon.com, Inc. (NASDAQ:AMZN) is raising the minimum starting wage for eligible full-time U.S. core operations workers by $1 to $20 an hour, effective September 27. The company said the increase represents an investment of more than $1.5 billion, while average hourly pay for these roles will approach $24 and average total compensation, including benefits, will […]

There’s a rush to secure flights as SpaceX winds down its flagship vehicle and rivals try to ramp up.

McDonald’s Corporation (NYSE:MCD) reaching 50 consecutive years of dividend increases is a meaningful milestone. For income investors, though, the bigger question is whether cash generation supports the current payout and whether there is still room for future increases. McDonald’s raised its quarterly dividend by 4% to $1.93 per share, or $7.72 annually. At recent share […]

Shares of PCB manufacturing company TTM Technologies (NASDAQ:TTMI) jumped 6% in the afternoon session after activist investor Third Point acquired a new stake in the company and Bank of America established a new position, according to TipRanks. The advance also coincided with a synchronized rally across the electronic component sector, where TTM Technologies outperformed peer companies such as Flex, Sanmina, and IPG Photonics. Separately, Needham analyst James Ricchiuti reiterated a Buy rating o

JPMorgan Chase & Co. (NYSE:JPM)’s latest dividend increase gives shareholders another reason to focus on the bank’s ability to return capital while maintaining a strong balance sheet. On September 15, the bank declared a quarterly dividend of $1.65 per share, up from $1.50 previously. The new dividend is payable on October 31 to shareholders of […]

Intuitive Machines (NASDAQ:LUNR) climbed by 12.93 percent on Monday to close at $15.72 apiece, after an investment firm reiterated its bullish stance on the stock, alongside a price target with an upside potential of more than 100 percent. In a market note on the same day, Cantor Fitzgerald reiterated its overweight rating and $32 price […]

Microsoft Corporation (NASDAQ:MSFT) has raised its quarterly dividend to $0.98 per share from $0.91, an increase of 7 cents, or about 8%. The new dividend is payable on December 10 to shareholders of record as of November 19. This marks another annual increase for Microsoft and extends its dividend-growth streak to 23 consecutive years. At […]

Novo Nordisk A/S (NYSE:NVO) has partnered with Anthropic to use Claude models and Claude Science in its research and development workflows, with the initial focus on specific scientific problems where AI can have the greatest impact. Novo will also use Anthropic’s frontier models for AI-driven software development. Reuters reported that Novo already uses Claude to […]

Haleon plc (NYSE:HLN) is finding a new growth opportunity in the expanding U.S. population using GLP-1 weight-loss drugs such as Wegovy and Zepbound. According to Reuters, the company has been placing products that can address GLP-1-related side effects in both its normal store locations and dedicated GLP-1 sections at CVS. That strategy has produced an […]

The Boeing Company (NYSE:BA) and Korean Air finalized an order for 103 aircraft worth $36.2 billion at list prices, comprising 20 777-9s, 25 787-10s, 50 737-10s and eight 777-8 freighters. Reuters reported that the aircraft will support Korean Air’s fleet expansion following its integration of Asiana Airlines, while about 80% are expected to replace existing […]

Netflix bowed out of the bidding war. Was it the right move?