Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:18
Nvidia Soars After Flagging AI Demand, Eyes $1 Trillion Value
Nvidia Corp. shares soared 24% after the semiconductor maker’s sales forecast smashed expectations, putting it within touching distance
2023-05-25 16:46
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
2023-05-25 16:19
Solar Power Investment Set to Surpass Oil Production Spending This Year
Investors will pour more money into solar power than in oil production this year for the first time,
2023-05-25 13:26
Sony Gears Up for Eventual Rebound in Smartphone Camera Demand
Sony Group Corp. plans to buy more land near its image sensor factory in Japan’s Kumamoto prefecture to
2023-05-25 11:23
OpenAI Raises $175 Million For Startup Investment Fund
Artificial intelligence startup OpenAI has closed an investment fund, according to a Securities a Exchange Commission filing. The
2023-05-25 09:47
AI Frenzy Helps Asia Tech Exporters’ Shares Beat US Growth Woes
Investors are snapping up shares of Asia’s technology hardware exporters, bolstered by interest in artificial intelligence and signs
2023-05-25 09:19
Biden Pressed to Limit Hydrogen Credits Key to New Industry
Some Senate Democrats are pushing the Biden administration to impose tough limits on hydrogen tax credits they say
2023-05-25 07:54
Xi Remade China's Tech Industry in His Own Image With Crackdown
Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world's No. 2 economy
2023-05-25 07:18
Nvidia Ignites AI-Related Stock Rally After ‘Blow-Out’ Forecast
Nvidia Corp. results showing that customers are binging on chips used in artificial intelligence computing sent a complex
2023-05-25 07:18
Europe Must Curb Energy Use Next Winter to Replace Gas for Good
European Union nations must strengthen measures to reduce gas and electricity demand to speed the green-energy transition, according
2023-05-25 06:48
Nvidia’s Rosy Forecast Shows Chipmaker Benefiting From AI Boom
Nvidia Corp. gave a bullish revenue forecast for the current quarter, bolstering confidence that the world’s most valuable
2023-05-25 04:54