Alibaba Profit Falls 66% as AI Investments Weigh on Earnings
Alibaba reports a 66% profit drop as AI and cloud investments weigh on earnings despite strong demand.
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Alibaba reports a 66% profit drop as AI and cloud investments weigh on earnings despite strong demand.
Chinese AI stocks rise after Nvidia CEO Jensen Huang calls OpenClaw the ‘next ChatGPT’.
Dubai’s main stock index enters a bear market after falling more than 22% from its February peak.
Meta plans to cut 20% of staff as it ramps up costly investments in artificial intelligence infrastructure.
Robert Kiyosaki warns that a historic economic crash could emerge in 2026 and urges investment in gold, silver, and crypto.
Volkswagen’s profit falls 44% in 2025 as the automaker plans to cut 50,000 jobs in Germany by 2030.
Donald Trump’s net worth rises to $6.5 billion after gains linked to crypto ventures and World Liberty Financial.
Pavel Durov’s net worth drops from $17.1 billion to $6.6 billion as Telegram’s valuation is reassessed.
Porsche reports a 91% drop in net profit for 2025, with earnings falling to €310 million from €3.6 billion a year earlier.
Major cryptocurrencies have fallen sharply since Trump took office, with many tokens losing over half their value.