Alibaba Shares Rise 5% After Launching Its Most Advanced AI Model Yet
Alibaba shares climbed 5% after the company unveiled Qwen3.8-Max, its most advanced AI model to date, positioning it against leading models from OpenAI, Anthropic, and Google.
News - Page 34
Stay on top of the latest developments across the world’s financial markets with our comprehensive coverage of stocks, commodities, futures, currencies, crypto, ETFs and bonds. We provide timely updates, expert insights and market-moving stories to help you navigate volatile sessions and long-term trends. Whether you track corporate earnings, mergers and acquisitions, commodity prices, derivatives or central bank moves, this section delivers the essential context behind every shift. Designed for professionals and individual investors, our Markets category covers everything from big-picture sentiment to sector details. It’s your one-stop source for actionable information about global markets and the forces shaping them today.
Latest News
OpenAI and Anthropic Face New EU AI Act Enforcement as Rules Take Effect
OpenAI, Anthropic, and other leading AI companies face increased regulatory scrutiny as the European Union begins enforcing key provisions of its landmark AI Act.
Amazon Surpasses $3 Trillion Market Value as AI-Fueled Cloud Growth Accelerates
Amazon's market capitalization surpassed $3 trillion for the first time after a strong quarterly earnings report showed accelerating cloud growth driven by rising demand for AI...
AstraZeneca and Bristol Myers Hold Merger Talks in Potential $400 Billion Deal
AstraZeneca and Bristol Myers Squibb have held discussions about a potential merger valued at more than $400 billion, a deal that would create one of the...
Elon Musk Suffers Largest Wealth Loss in History as Fortune Falls by $363 Billion
Elon Musk suffered the largest personal wealth decline ever recorded after sharp declines in SpaceX and Tesla shares erased $363 billion from his fortune in July.
South Korean Stocks Turn Into Meme Trades as KOSPI Soars 18% in a Single Day
South Korea's stock market staged one of its biggest one-day rallies on record, with the KOSPI jumping 18% as Samsung and SK Hynix surged more than...
AI Hedge Fund Reportedly Loses 90% in Four Weeks as Leverage Turns AI Bet Into Wall Street Disaster
Leopold Aschenbrenner's Situational Awareness hedge fund reportedly lost around 90% of its value in just four weeks after heavily leveraged bets on AI infrastructure unraveled during...
Samsung Posts Record Quarterly Profit as AI Chip Boom Drives 1,800% Earnings Surge
Samsung reported the most profitable quarter in its history as booming demand for AI memory chips drove operating profit up 1,800% year over year, while revenue...
AI Agents Set to Transform Wall Street as Brokerages Race Toward 24/7 Investing
Brokerages, startups, and retail investors are increasingly building AI agents that can monitor portfolios, analyze markets, and automate investing tasks around the clock, signaling a major...
SK Hynix Shares Plunge Nearly 15% as Global Chip Sell-Off Accelerates
SK Hynix shares tumbled nearly 15% in Seoul as a global semiconductor sell-off intensified, driven by mounting concerns over AI spending, rising Chinese competition, and lofty...
Apple Reclaims Title of World’s Most Valuable Company as Market Value Approaches $5 Trillion
Apple reclaimed the title of the world's most valuable company after its market capitalization climbed to nearly $5 trillion, overtaking Nvidia as investors reassessed AI spending...
SpaceX Shares Hit Record Low as Post-IPO Selloff Deepens
SpaceX shares fell to a new all-time low of $110 as the post-IPO selloff continued, leaving the stock nearly 50% below its peak despite growing buying...