Bloomberg

New Business

Nvidia’s latest earnings run into a market suddenly afraid of AI spending

Wall Street will get a sense of where the billions of dollars being spent on artificial intelligence are going when…

Read More »
New Business

Bitcoin erases year’s gain as crypto bear market deepens

Just a little more than a month after reaching an all-time high, bitcoin has erased the more than 30 per…

Read More »
New Business

Tencent posts 19% jump in third-quarter profit on AI-related gains, beating estimates

Revenue for the Shenzhen-based firm reached 192.9 billion yuan (US$27.1 billion), up from 167.2 billion yuan in the same period…

Read More »
New Business

Hong Kong stocks fall from 1-month high as investors await Tencent earnings, China data

Hong Kong stocks retreated from a one-month high on Thursday as investors held off bets ahead of quarterly results from…

Read More »
New Business

Nexperia chips have begun flowing to Europe again, auto suppliers say

The first shipments of Nexperia chips are already on their way to Europe after Beijing granted exemptions to its export…

Read More »
New Business

Apple nears US$1 billion-a-year deal to use Google’s Gemini AI model for Siri

Following an extensive evaluation period, the two companies are now finalising an agreement that would give Apple access to Google’s…

Read More »
New Business

BYD quarterly profit tumbles as weak China sales offset overseas gains

The Shenzhen-based company said its profit tumbled to 7.8 billion yuan (US$1.1 billion) in the three months ended September, compared…

Read More »
New Business

Hong Kong’s watchdog SFC eyes listing reform to woo tech firms, flags digital-asset risks

Hong Kong’s market regulator is conducting a comprehensive review of the listing regime to attract more innovative companies, while also…

Read More »
New Business

The View | A U-shaped rebound of Hong Kong’s commercial property? Unlikely

When predicting and assessing the shape of recoveries, analysts have made use of letters of the alphabet. A V-shaped recovery…

Read More »
New Business

Google, Anthropic unveil cloud deal worth tens of billions of dollars

Alphabet’s Google will supply up to 1 million of its specialised artificial intelligence chips to Anthropic, a deal worth tens…

Read More »
Back to top button