Alibaba workforce shrinks 34% in 2025 as Chinese tech giant doubles down on AI
Alibaba cut its staff by roughly 34% over the course of 2025, as the company disposed of peripheral holdings to focus on its AI business.
Tesla in talks with Chinese firms to buy $2.9 billion worth of solar equipment, sources say
Tesla eyeing purchase of equipment to manufacture solar panels, cells from China with Suzhou Maxwell among potential candidates
CNBC Daily Open: Some uncomfortable history rears its head at Trump-Takaichi meeting
A sensitive historical moment came up in the meeting between U.S. President Donald Trump and Japanese PM Sanae Takaichi.
China leaves March benchmark lending rates unchanged for 10th straight month
China left benchmark lending loan prime rates for March unchanged on Friday, the 10th consecutive month, in line with market expectations.
Oil prices top $112 after Iraq declares force majeure, Kuwait refineries attacked
Oil prices rose Friday even after Treasury Secretary Scott Bessent said Washington may soon lift sanctions on Iranian crude stored aboard tankers.
Asia-Pacific markets mostly decline as Iran war dents risk sentiment
Asia markets track losses on Wall Street, extending market rout on Iran war impact.
Super Micro shares tank 33% after employees charged with smuggling Nvidia chips to China
The U.S. government has been trying to crack down on illegal shipments of top-tier Nvidia artificial intelligence chips to China.
Stocks tumble Friday as losses mount from Iran war impact, Dow and Nasdaq near correction: Live updates
At their lows of the day, the Dow and Nasdaq traded in correction territory, but ultimately closed shy of the 10% threshold.
$166 a barrel? Middle East oil gives clue to where all prices could be headed if Iran war drags on
A breakout of oil prices in Asia has left analysts debating whether U.S. crude could see further upside.
Column: Jensen Huang doesn’t need a new chip. He needs a new moat.
Jensen Huang is building a new moat with open-source AI — not out of generosity, but necessity, our tech columnist writes.
