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China targets boost in computing power as AI race with U.S. ramps up

by Walter Watson
China targets boost in computing power as AI race with U.S. ramps up

An undated conceptual illustration of China’s technology aspirations. Yaorusheng | Moment | Getty Images China plans to increase its computing power by 50% by 2025, the country’s key ministries said …

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The September jobs report is key

by Walter Watson
The September jobs report is key

A Now hiring sign at Taco Bell in Fullerton, CA, on Monday, Sept. 13, 2021. Jeff Gritchen | Medianews Group | Getty Images This report is from today’s CNBC Daily …

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Veteran EM investor Mark Mobius reveals the 2 tech giants that are key to any portfolio

by Walter Watson
Veteran EM investor Mark Mobius reveals the 2 tech giants that are key to any portfolio

Veteran emerging markets investor Mark Mobius has named Alibaba and Tencent as key stocks in any portfolio investing in developing economies. Mobius said the Chinese technology giants “could be the …

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AllianceBernstein name Chinese internet stocks to watch

by Walter Watson
AllianceBernstein name Chinese internet stocks to watch

Several stocks are set to benefit from the “relentless pursuit of eyeballs” in the Chinese internet sector, according to analysts at asset management firm AllianceBernstein. “Our most memorable takeaway from …

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China’s AI applications are coming — where it matters for monetization

by Ron Morgan
China’s AI applications are coming — where it matters for monetization

Chinese companies are making announcements about artificial intelligence again – this time about applications. Search engine giant Baidu earlier this month revealed, among other AI tools, a platform for creating …

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Alibaba CEO Eddie Wu warns of being ‘displaced’

by Edgar Davis
Alibaba CEO Eddie Wu warns of being ‘displaced’

Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images Alibaba needs …

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Tencent releases AI model Hunyuan for businesses amid China competition

by Walter Watson
Tencent releases AI model Hunyuan for businesses amid China competition

Chinese tech giant Tencent is launching its artificial intelligence model “Hunyuan” for business use at an annual summit on Thursday, Dowson Tong, CEO of the cloud and smart industries group …

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China’s big internet names mostly beat. Here’s what analysts expect

by Walter Watson
China’s big internet names mostly beat. Here’s what analysts expect

Chinese internet tech companies Alibaba , Tencent and Baidu have reported solid quarterly earnings this month with little to show for it in market performance. Tencent has fallen for four …

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BofA names stocks with ‘triple momentum’

by Walter Watson
BofA names stocks with ‘triple momentum’

Analysts at Bank of America screened for “triple momentum” stocks based on their momentum in three areas: earnings, price and positive news. Earnings momentum refers to the change in consensus …

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What China’s big earnings say about the consumer

by Walter Watson
What China’s big earnings say about the consumer

Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023.  Aly Song | Reuters BEIJING — Corporate earnings releases are picking up on …

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