AI chip bubble rivals French stocks in 1700s, surpasses Nasdaq during dot-com frenzy by one measure
Historical parallels for the artificial intelligence bubble are in no short supply.
Chinese EVs are coming to Canada, and some dealers can’t wait to sell them
Canada is allowing 49,000 Chinese-made electric vehicles to be imported for retail sales annually at a tariff rate of 6.1%.
Bristol Myers Squibb turns to China to develop new drugs in newest cross-continent collaboration
U.S. drugmaker Bristol Myers Squibb inked a partnership with a Chinese company that some say could mark the next wave of collaboration across continents.
How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher
China and the U.S., the world’s two largest economies, wield great influence over the oil market and are using it to help plug the supply gap.
China will buy more U.S. oil because it is a natural trade partner, says Energy Secretary Wright
China relies heavily on crude oil imports from the Middle East but those supplies are mostly cut off due to Iran’s blockade of the Strait of Hormuz.
Why Britain’s potential next PM is putting investors on edge
Traders fear a new left-leaning U.K. government led by Andy Burnham would challenge the country’s fiscal discipline.
The Tech Download: Trump’s China visit sparks fresh questions over chip exports and rare earths access
China President Xi welcomed deeper commercial engagement from the U.S., but uncertainty still hangs over American access to rare earths and chip sales.
Magnum Ice Cream stock soars after report of potential private equity takeover
It comes just six months after Magnum spun off from Unilever to create the world’s largest standalone ice cream maker.
Bonds, stocks and precious metals slump as inflation fears mount, silver falls 7%
Mounting inflation fears, geopolitical tension and ongoing uncertainty around the Iran war has prompted selling pressure across asset classes.
Cerebras stock falls 10% in first full day of trading after blockbuster debut
Cerebras Systems’ shares were lower in early trading Friday, after its blockbuster stock market debut on Thursday.
