Month: February 2024

Get Ready For AI Smartphones

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🚨 🚨 Get Ready For AI Smartphones: Artificial intelligence phones: these are the buzzwords you’ll likely hear this year, as smartphone players look to jump on the AI hype to boost sales of their devices after a difficult stretch of time
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Nvidia–Citi Is Still Bullish

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🧠 🧠 Citi says it now believes that Nvidia is set to deliver higher-than-expected AI graphics processing units this year and the next, based on supply chain discussions and its own estimates
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Alibaba Says “We’re Back”

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🇨🇳 🇨🇳 Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure. Co-founder Joe Tsai expects the penetration of e-commerce in China will exceed 40% in the next five years, up significantly from the current 30% level
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Nikkei Jumps To New Record

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🇯🇵 🇯🇵 BREAKING: Japan’s Nikkei 225 index hit a fresh record high Monday as traders returned from a long weekend. Elsewhere, China shares look to extend their winning streak
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AI Huge Energy Usage: Google Has A Solution

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☀️ 💨 A technique pioneered by Google is gaining currency as more power-hungry artificial intelligence comes online: Using software to hunt for clean electricity in parts of the world with excess sun and wind on the grid, then ramping up data center operations there. Doing so could cut carbon and costs
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BYD Unveils EV Supercar

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🇨🇳 🇨🇳 BYD Co. debuted its most expensive car on Sunday, a 1.68 million yuan ($233,450) high-performance fully-electric supercar pitted against gas-guzzling options offered by rivals such as Ferrari NV and Lamborghini
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GU Takes On The World

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🇯🇵 🇯🇵 Fast Retailing Co., home of the Uniqlo brand, wants to ramp up the presence of its other fashion label GU in the US and Europe, as Asia’s largest apparel maker accelerates efforts to become a global retailer with ¥10 trillion ($66.6 billion) in annual sales
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Ant Takes Over Credit Suisse’s Investment Bank

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🇨🇳 🇨🇳 BREAKING: Ant Group Co. outbid Citadel Securities LLC for Credit Suisse’s investment bank venture in China, in a surprise move that will be subject to close regulatory scrutiny
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China’s Stocks Rally Is Not Real

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🇨🇳 🇨🇳 China’s latest stocks rally is due to state funds and is not real. The economy still faces persistent headwinds and therefore, this rally may well be on borrowed time
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