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Gold Set for Worst Week in Six Years as War Curbs Rate-Cut Bets
Gold headed for the biggest weekly loss in six years, as war in the Middle East boosted energy and reduced expectations for rate cuts.
Bullion...
Alibaba, Tencent Shares Lose $66 Billion as AI Vision Falls Flat
Alibaba Group Holding Ltd. and Tencent Holdings Ltd. lost $66 billion of market value in roughly 24 hours, after the market punished the twin...
Alibaba Targets $100 Billion of AI Revenue in Five Years
Alibaba Group Holding Ltd. aims to quintuple cloud and AI revenue to $100 billion annually in five years, setting a high bar for its...
Super Micro Co-Founder Charged in China AI Tech Case
A co-founder of Super Micro Computer Inc. was charged in New York with conspiring to illegally divert billions of dollars in artificial intelligence technology...
Financial stocks on pace for worst first quarter since 2020 as private credit cracks...
The S&P 500’s financial sector (XLF) has fallen 11% year to date, putting it on track for its worst first quarter since 2020, as...
