Geely-backed car tech company takes aim at Nvidia’s growing auto business
The electric car rush is creating demand for in-vehicle tech that companies from Nvidia to Huawei are chasing.
Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China
The move aims to make “cloud capabilities more inclusive and accessible in the era of AI,” said Alibaba Cloud on Thursday.
How China’s property bubble burst
China’s top real estate developers, Evergrande and Country Garden, have defaulted on their debts. But the issues in China’s property market have much deeper roots.
Oprah Winfrey is leaving WeightWatchers board and giving away all her stock at critical weight loss moment
WeightWatchers’ embrace of weight loss and obesity drugs is a big deal, but the market still isn’t sold on its future, and Oprah’s departure doesn’t help.
CNBC Daily Open: Wall Street on edge over Fed’s key inflation gauge
Wall Street is fretting over a key inflation gauge that will affect investors’ view on interest rates.
Trump is disqualified from Illinois ballot, judge rules
An Illinois state judge on Wednesday barred Donald Trump from appearing on the Illinois’ Republican presidential primary ballot.
Water scarcity threatens chipmakers like TSMC and could push prices higher, according to S&P
TSMC’s dominance in the chip industry could allow it to charge higher prices if supplies dip.
Asia markets mixed as investors await key U.S., China economic data
The U.S. personal consumption expenditures price index reading is due later in the day while China’s manufacturing purchasing managers’ index data is due Friday.
Nasdaq closes at first record since 2021, major averages end February with 4th monthly gain: Live updates
The three major averages garnered their fourth straight winning month.
This fund beat the S&P 500 without holding any Magnificent 7 stocks. Here’s what they’re buying right now
The outperforming fund manager that beat the S&P 500 for two years in a row names cheap stocks set to “double.”
