Nvidia is developing China-compatible AI chips adhering to U.S. export controls, according to three informed sources. The AI chip company introduced its “Blackwell” chip family in…
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Asian equities fell Thursday, driven by chip stocks, as U.S.-China trade tensions rose. Meanwhile, the yen remained firm. The U.S. dollar hovered near a four-month low,…
Morgan Stanley’s Q2 profit exceeded expectations due to a surge in investment banking and trading revenues, despite muted wealth management. The bank, like Bank of America…
Apple’s stock hit a record high as Morgan Stanley’s increased price target and “top pick” status highlighted AI’s potential sales impact. To compete with Google and…
Asian stocks hit record highs Thursday; sterling reached a four-month peak on strong growth, as traders anticipated easing U.S. inflation. U.S. stocks reached new highs on…
China’s consumer prices rose for a fifth month in June but missed expectations, while producer prices continued to decline amid slow economic recovery efforts. Beijing aims…
Barbie, the well-known Mattel doll, turns 65 this year. To commemorate her milestone, a new exhibition exploring Barbie’s growth opens in London this week. “Barbie: The…
British fintech Revolut achieved a record pretax profit of £438 million in 2023, driven by strong user growth and rising interest income. Revolut reported a record…
According to two people familiar with the situation, the US Justice Department will charge Boeing with fraud for two fatal crashes on Sunday. The planemaker must…
Apple may face a sizable fine if EU antitrust investigators find it violated the bloc’s digital regulations.The iPhone manufacturer is also subject to an additional inquiry…