Baidu’s Results May Shake Optimism Over China AI: Tech Watch
Investors betting on an extension of Baidu Inc.’s market-beating rally may be due for a reality check as
2023-08-21 10:18
Crypto Startup Aims to Tokenize Stocks by Playing by the Rules
For years, cryptocurrency startups have tried to replicate parts of the US stock market on the blockchain for
2023-08-21 08:19
Arm’s Revenue Fell Last Year Ahead of IPO, Draft Filing Shows
Arm Ltd., a chip designer that is preparing for what would be the biggest initial public offering of
2023-08-19 02:49
Bitcoin Plunge Spurs Liquidations as SpaceX’s Token Sale Weighs
Cryptocurrencies extended declines, sliding with global risk assets as investors price in higher interest rates for longer. A
2023-08-18 12:56
Wireless Carriers Lose Billions as Smartphone Demand Slows
The top three US wireless carriers have lost billions in revenue as smartphone sales dwindle in a reversal
2023-08-17 19:26
Lenovo Drops 6% After Profit Miss Amid Prolonged PC Downturn
Lenovo Group Ltd.’s profit missed estimates for a second straight quarter after the global PC market slid deeper
2023-08-17 14:25
Tencent Says AI Model Coming This Year Is Among China’s Best
Tencent Holdings Ltd. said it plans to unveil a proprietary artificial-intelligence model later this year that it believes
2023-08-16 21:49
Hedge Funds Dump Intel While Snapping Up Rivals
While hedge funds were busy chasing the technology rally in the second quarter, there was one stock that
2023-08-16 19:15
Blockstream Is Betting on Bitcoin Comeback as It Hoards Crypto Mining Rigs
Bitcoin developer Blockstream Corp. is betting that the world’s most valuable cryptocurrency is poised for a massive rebound,
2023-08-16 02:59
Merger Arbitrage Fund Pentwater Boosted Activision Stake Before Key Court Nod
Pentwater Capital Management LP led hedge funds boosting stakes in Activision Blizzard Inc. last quarter before a make-or-break
2023-08-16 02:25
Amazon’s $593 Billion Rally Faces Endurance Test
Analysts are almost universally optimistic about Amazon.com Inc., one of the biggest winners this earnings season. But further
2023-08-15 22:19
MTN’s Fintech Unit Seeks More Investors After Mastercard Deal
MTN Group Ltd. is seeking as many as three more strategic investors in addition to Mastercard Inc. for
2023-08-15 20:58