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Investing

Tencent makes $193 million share buyback after US blacklist inclusion triggered sell-off

Tencent Holdings Ltd., China’s tech giant and social media behemoth, is navigating turbulent waters following its inclusion on a list over alleged…
Investing

Lucid stock price could be at risk amid strong vehicle depreciation

The Lucid stock price has rebounded in the past few weeks as investors bet on the upcoming Gravity launch. This week, it…
Investing

Singapore strengthens AI edge with Micron’s $7B investment in HBM

Singapore is set to solidify its position in the global semiconductor supply chain with Micron Technology’s announcement of a $7 billion investment…
Investing

Why Apple’s $1 billion bid couldn’t sway Indonesia’s ban decision

Indonesia has upheld its ban on the sale of Apple Inc.’s iPhone 16s, stating that the tech giant’s $1 billion investment plan,…
Investing

Volvo’s December sales dip, while electric vehicle demand surges

Volvo Cars experienced a 3% year-on-year decline in sales during December, with 73,804 cars sold, as the market for hybrid vehicles showed…
Investing

NXT rises on higher profit guidance, but FTSE 100 retailer warns of increased costs in 2025

British multinational clothing and footwear retailer Next was up by more than 3% on Tuesday after it raised guidance following a strong…
Investing

Microsoft commits $3 billion to expand AI and Cloud capabilities in India

Microsoft CEO Satya Nadella announced on Tuesday a significant investment of approximately $3 billion to expand the company’s artificial intelligence and Azure…
Investing

Altcoin update: HBAR and Worldcoin turn bullish as Bitcoin holds above $100K

Cryptocurrencies maintain a bullish stance as Bitcoin showcases upside momentum above the $100K mark. BTC changed hands at $101,830 during this publication,…
Investing

Indonesia’s smartphone market: a new player enters as Apple faces domestic hurdles

While Apple grapples with an Indonesian sales ban related to domestic production requirements, Huawei spinoff Honor has announced its plans to launch…
Investing

OpenAI’s ChatGPT Pro is losing money, CEO Sam Altman admits

OpenAI CEO Sam Altman has revealed that the company’s $200-per-month ChatGPT Pro plan is currently operating at a loss. This surprising admission…
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