Elon Musk’s rocket and AI venture is pushing IPO hype into overdrive, claiming an addressable opportunity of $28.5 trln, ...
After nearly two months of a blocked Strait of Hormuz, the crude market has kept afloat by running down 8.2 bln barrels of inventories. So far, Asian states have shouldered most of the outright ...
The startup's new release is impressive next to global rivals. The bigger feat may be DeepSeek finding ways to use Huawei's less powerful chips. It's a step forward in China’s efforts to wean ...
The $26 bln bank is catching up with Japan’s reflation and is now trading at book value. Investor worries about it stumbling into another embarrassing drama are fading. That gives CEO Kentaro ...
When a groundbreaking technology arrives, investors are quick to identify leaders and laggards. The artificial ...
A $170 mln fine and a partial six-month ban in Hong Kong draw a regulatory line under the auditor's role in the bankrupt Chinese property developer. The risk now is liquidator Alvarez and Marsal's ...
Annual revenue at Tata Consultancy fell for the first time since its 2004 IPO. Wipro and HCLTech face similar strains. AI coding tools are eroding the $315 bln industry's pricing power far faster ...
The $150 bln private-markets leader decried a ‘campaign’ against non-bank lending as a flagship fund for small investors faces outflows. It instead touted an all-fronts AI push, with stakes in ...
Companies from Block to Meta are firing huge numbers of employees. Microsoft’s headcount stagnates despite soaring revenue. Blaming it on AI might be new, but the pattern isn’t. From farmers to ...
The low valuation suggests founder Liang Wenfeng still favours innovation over profits. A $300 mln fundraise should help retain talent, but whether DeepSeek can keep up with US rivals OpenAI and ...
Elon Musk’s rocket-maker secured the right to buy AI coding tool Cursor. It may benefit from his chip hoard. But agreeing to pay so much for a racy startup with a tough business model while ...
The economy will barely expand by 2030, despite Chancellor Friedrich Merz's 500-bln-euro fiscal stimulus. The ...
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