Former TikTok CEO Kevin Mayer says AI hype is at an all-time fever pitch right now
Former TikTok CEO and Candle Media co-CEO Kevin Mayer believes the hype around artificial intelligence has reached a crescendo.
Chinese EV makers continue aggressive push into Europe under growing threat of tariffs
Nio, Xpeng and BYD have continued their European expansion even as an ongoing EU probe into Chinese electric vehicle subsidies could result in tariffs.
British retail sales plunge 2.3% in April, missing estimates
U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics said Friday.
JPMorgan is ‘positive’ on China stocks and ‘constructive’ on real estate as Beijing props up markets
JPMorgan is “positive” on China stocks and “constructive” on its real estate sector as the world’s second-largest economy strives to prop up its equity and property markets.
British fund manager abrdn’s CEO Stephen Bird to step down
British fund manager abrdn said on Friday CEO Stephen Bird will step down after four years in the role.
F1 dispute with Andretti Global draws in U.S. lawmakers
A dispute over whether to accept American motorsports giant Andretti Global as Formula One’s 11th team is reaching boiling point.
CNBC Daily Open: Dow’s worst day in 2024, Nvidia shares pop
Nvidia’s blockbuster earnings and forecast couldn’t stop Wall Street from taking a late dive.
CEOs of AI startups backed by Microsoft and Amazon are the new tech rockstars
Mistral AI CEO Arthur Mensch and Anthropic CEO Dario Amodei are in the spotlight, both leading AI companies backed by U.S. tech giants.
India and Japan are bright spots in Asia’s ‘supremely interesting’ equity and M&A markets, JPMorgan says
Filippo Gori, co-head of global banking at JPMorgan, on Thursday said Japan is “on fire” while India is “very in high demand.”
