Baidu reports slower growth in robotaxi rides
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu is reporting slower growth …
Baidu Inc
Philippe Laffont’s Coatue entered into Paramount Global amid weakness
Philippe Laffont’s Coatue built a position at Paramount Global amid tumultuous times for the storied media company. The technology-focused investor opened a stake of more than 3 million shares in …
China’s robotaxi push sparks concerns about job security for drivers
More than 70% of Baidu Apollo Go robotaxi rides in Wuhan were fully driverless as of April, and the company said in May it expected 100% of the rides to …
Apple AI push faces big challenges in China
The Apple Siri AI icon is being displayed on a smartphone, with Apple Intelligence in the background. Jonathan Raa | Nurphoto | Getty Images Apple’s big artificial intelligence push faces …
Alibaba bets on AI to fuel cloud growth as it expands globally
Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Alibaba on Thursday said it expanded its global cloud computing availability, while the head of the unit’s international arm touted …
Artificial general intelligence more than 10 years away: Baidu CEO
Co-founder, CEO and chairman of Baidu, Robin Li attends the Viva Technology show at Parc des Expositions Porte de Versailles on May 22, 2024 in Paris, France. Viva Technology, the …
Stock market today Dow 40,000: Live updates
The Dow Jones Industrial Average jumped above 40,000 for the first time as the bull market marched higher on bets that inflationary pressures would ease and interest rates would come …
China’s Baidu beats quarterly revenue estimates on ad recovery, cloud
ZHEJIANG, CHINA – MARCH 16 2023: A view of the logo of ERNIE Bot, an AI chatbot service developed by Chinese search engine Baidu, March 16, 2023. Long Wei | …
David Tepper’s Appaloosa is betting big on Chinese tech stocks
Billionaire investor David Tepper’s hedge fund increased its bets on Chinese tech stocks during the first three months of 2024, while dialing back exposure to some key domestic names. Appaloosa …
Danaher shows how sticking with a troubled stock of a good company can pay off
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …