2 years 8 months ago
Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country's overall growth.
2 years 8 months ago
U.S. chip giant Advanced Micro Devices is betting on AI PCs as competition with rivals Nvidia and Intel intensifies
2 years 8 months ago
A challenger to Putin's long reign in office has emerged from within Russia's political establishment, in the form of Boris Nadezhdin.
2 years 8 months ago
Aozora shares hit their lowest levels since February 2021, plunging as much as 18.5% — the Nikkei 225 benchmark was up 0.5%.
2 years 8 months ago
Meta CEO Mark Zuckerberg has no plans for his company to ramp up hiring, but says he's spending heavily on computing infrastructure and the metaverse.
2 years 8 months ago
Tesla will pay a fee of $1.5 million to settle a civil lawsuit alleging the company mishandled hazardous waste and its disposal in the state of California for years.
2 years 8 months ago
Amazon pointed to artificial intelligence traction in the cloud during the fourth quarter. Acceleration of cloud growth should continue, too.
2 years 8 months ago
Amazon reported earnings after the bell. Here are the results.
2 years 8 months ago
The dominant stocks include all members of the "Magnificent Seven" — Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta and Tesla.
2 years 8 months ago
Meta's fourth-quarter earnings report comes a day after lawmakers grilled CEO Mark Zuckerberg and other social media execs in Washington.
2 years 8 months ago
House lawmakers on Wednesday passed a child tax credit expansion that could benefit millions of low-income children. Here's what to know.
2 years 8 months ago
Generative AI started drawing significant attention from technology companies and investors starting in 2022.
2 years 8 months ago
Zoom on Thursday confirmed that it's cutting about 2% of its workforce, becoming the latest tech company to announce layoffs.
2 years 8 months ago
Former President Donald Trump claims the civil business fraud lawsuit by New York Attorney General Letitia James is politically motivated.
2 years 8 months ago
Amer Sports, the athletic company behind the Wilson tennis racket and Arc'teryx, debuted on the public markets Thursday after pricing its IPO at a discount.
2 years 8 months ago
The automaker reported a net profit of 1.26 billion euros, or $1.36 billion, for 2023, including 294 million euros, or $317.9 million, in the fourth quarter.
2 years 8 months ago
Meta's Reality Labs has now lost more than $40 billion dating back to late 2020.
2 years 8 months ago
Peloton has made some progress in its turnaround plan, but the fitness company is expecting more dark days ahead after failing to reach a number of goals.
2 years 8 months ago
Merck still posted a quarterly loss due to previously announced charges associated with its cancer drug collaboration deal with Daiichi Sankyo.
2 years 8 months ago
Amazon is rolling out an assistant that uses generative artificial intelligence to help users search and shop for products.
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