SoftBank Vision Fund boosted by OpenAI surge as ByteDance and Didi drag
SoftBank Group returned to profit in the December quarter as gains tied to OpenAI lifted its Vision Fund, helping counter losses across other technology bets. The Japanese investment firm reported…
China’s EV turning point: domestic demand slumps as exports surge
After years of explosive growth, China’s electric-vehicle industry is entering a more complex and uncertain phase. Domestic demand is cooling, competition is intensifying and policymakers are recalibrating incentives, even as…
What investors need to know about the South Korean market rally
The South Korean market index, the Kospi, has more than doubled over the past year. A market long associated with low valuations and conglomerate discounts has turned into one of…
India exits Mali lithium project citing security risks, Rosatom complications
India is reportedly withdrawing from a major lithium extraction project in Mali, a decision driven primarily by escalating security risks and political instability within the West African nation. The project is…
Singapore rolls out national AI council, tax breaks, training push to accelerate adoption
Singapore is accelerating its artificial intelligence strategy with sweeping measures aimed at reshaping businesses, upgrading worker skills, and strengthening financial markets. Presenting the national Budget on Thursday, Prime Minister Lawrence…
Burger King overseas surge helps Restaurant Brands beat earnings estimates
Restaurant Brands International delivered stronger-than-expected quarterly earnings and revenue as Burger King’s international business gained momentum and helped offset weaker performance in parts of its portfolio. The fast food group,…
S&P 500 and Dow Jones futures rise after strong jobs data, CPI in focus
US stock index futures moved modestly higher on Thursday after a stronger-than-expected labor market report eased fears of an economic slowdown, though investors grew more cautious about the outlook for…
AppLovin stock crashed after earnings: buy the dip or sell the rip?
AppLovin stock price retreated by over 6% in the extended hours after the technology giant published its financial results and maintained a positive outlook despite the rising fears of AI…
Cisco stock slides 7% as this factor overshadows earnings beat
Cisco stock (NASDAQ: CSCO) slumped over 7% in the pre-market trading on Thursday despite its latest quarter ticking all the right boxes on headline numbers.The networking giant posted double-digit revenue…
Elon Musk pushes X into finance as X Money prepares for global launch
X is moving deeper into financial services as its long-awaited payments platform, X Money, enters internal testing and prepares for a wider rollout. The initiative marks a major step in…