SoftBank Acquires UK Chipmaker Graphcore After missing out on a $150 billion opportunity with Nvidia, SoftBank Group Corp. (OTC:SFTBF), led by Masayoshi Son ... Artificial Intelligence Conference ... ( read original story ...)
Jacob Jensen Design shuts down in Bangkok and Shanghai
After yet another annual report with large losses in the millions, the Danish design brand Jacob Jensen Design has chosen to close down in Asia, where the company has had ... ( read original story ...)
A trip to Shanghai’s AI mega-conference showed me that China’s developers are still playing catch-up to Silicon Valley
Constraints on China and its developers will likely create two parallel AI ecosystems: one inside of China, and one outside of it. ( read original story ...)
Ron Insana: Look to the U.S. for economic resilience and continued global stock market leadership
Americans have a homeward bias when it comes to investing — and rightfully so, especially in a year like this. ( read original story ...)
China c.bank seen holding medium-term lending rate steady Monday
China's central bank is widely expected to leave a medium-term interest rate unchanged and drain some cash from the banking system when rolling over such maturing loans on Monday, a Reuters survey ... ( read original story ...)
Stock Market News Today, 7/12/24 – Futures Flat After a Weak Session
U.S. futures were near the flatline on Friday morning after a weak trading session yesterday. The decline came largely due to a sell-off in ... ( read original story ...)
Stock market today: Asian shares zoom higher, with Nikkei over 42,000 after Wall St sets new records
Wall Street’s blistering rally stretched into a seventh day and vaulted the U.S. stock market to more all-time highs ... ( read original story ...)