Hedge funds bought these Chinese technology stocks in the second quarter
Big investors took a selective approach to China-based technology stocks in the second quarter, recent regulatory filings suggest.
‘Barbie’ beats Batman, becomes Warner Bros.’ highest-grossing domestic release
“Barbie” has topped $537 million, making it the highest-grossing domestic movie in Warner Bros. Discovery’s 100-year history.
Google reportedly building A.I. that offers life advice
One of Google’s AI units, DeepMind, is reportedly using generative AI to develop at least 21 different tools for life advice, planning and tutoring.
NATO official admits comments on Ukraine giving up territory to gain membership were a ‘mistake’
Stian Jenssen was criticized by a Ukrainian presidential advisor for suggesting Ukraine could “give up territory, and get NATO membership in return.”
Australia 1-3 England: Lionesses see off co-hosts to set up Spain showdown in their first Women’s World Cup final
England have made more history, reaching their first Women’s World Cup final after beating Australia 3-1 to set up a showdown with Spain on Sunday.
UK launches £1 billion fintech fund to compete with Silicon Valley
A new U.K. investment fund with up to £1 billion ($1.27 billion) in raised capital has been launched to back growth-stage financial technology companies.
As recession fears fade, we may be experiencing a ‘richcession’ instead — here’s what that means for you
Some economists say the country is already experiencing a “richcession,” rather than a broad contraction to come later.
Tesla makes further price cuts in China, reducing models S and X by $7,400 to $8,500
In China, Tesla put the Model X on sale for 754,900 Chinese yuan ($103,444) down from 898,900 yuan. The Model S is being sold for 836,900 versus 808,900 yuan.
Vietnamese EV maker VinFast is now worth more than Ford and GM after Nasdaq debut
On Tuesday, the Vietnamese electric vehicle maker listed on Nasdaq following the completion of its merger.
HKEX first-half net profit rises 31%, CEO is ‘quite optimistic’ about medium term outlook
Hong Kong Exchanges and Clearing reported a 31% year-on-year rise in net profit for the first six months of the year.
