Alibaba quarterly revenue rises on cloud demand, e-commerce growth

China’s Alibaba , on Wednesday posted a 3% rise in fourth-quarter revenue on robust growth ​for its cloud computing and AI...

UK regulator fines suicide forum over $1 million, warns of UK block

Britain’s communications ‌regulator has fined the provider of an online suicide forum 950,000 pounds ($1.28 million), the largest penalty against such...

Focus: China criticizes US chip equipment bill in run-up to Beijing talks

China is pushing back against proposed U.S. legislation that would curb its chipmakers in the global AI race, making early moves...

US SEC, Musk to argue for Twitter settlement before DC judge

Attorneys for the ‌U.S. Securities and Exchange Commission and Elon Musk will appear before a federal judge on Wednesday to argue...

Sizzling semiconductor trade at risk of cooling – and stalling US stocks rally

A stunning run-up in shares of semiconductor companies has helped drive the U.S. stock rally, but the eye-popping gains are sparking...

Roundhill fund becomes fastest-growing ETF ever as retail investors seek semiconductor exposure

Individual investors who can’t seem to get enough of the red-hot market for semiconductor ‌stocks have made a five-week-old exchange-traded fund...

David’s Bridal launches fit guarantee to ease GLP-1 era “fit anxiety”

David’s Bridal introduces a fit guarantee for wedding and special occasion dresses, addressing customer anxiety over body changes, including those related...

Alibaba’s core profit plunges 84% even as AI and cloud growth accelerate

Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.Read More

Tencent Q1 revenue rises 9% on gaming and AI demand, but misses estimates

Tencent Holdings reported first-quarter ​revenue growth of 9% ‌on Wednesday, as China’s largest social ​media and gaming ​company benefited from robust...

ECB’s Elderson urges euro area banks to quickly prepare for Mythos

European Central Bank board member Frank ​Elderson on Wednesday ‌urged banks in euro area to quickly prepare for ​potential cyber attacks...