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Anthropic Pre-IPO Credit Facility Set to Climb Past $10 Billion

Anthropic PBC’s revolving credit facility is expected to exceed its roughly $10 billion target, according to people familiar with the matter, as the artificial intelligence company prepares for a highly anticipated initial public offering.

MarketsTech & AIAnthropicartificial intelligenceIPO

BBloomberg NewsOriginal★★★☆☆2026-08-18 18:00

Anthropic Pre-IPO Credit Facility Set to Climb Past $10 Billion
Anthropic Pre-IPO Credit Facility Set to Climb Past $10 Billion

Tech stocks weigh on Wall Street as Iran stalemate lifts oil and yields

Wall Street’s major indexes fell to roughly two-week lows on Tuesday as heavyweight technology shares declined. Waning hopes for a U.S.-Iran peace deal supported higher oil prices and kept government bond yields near multi-year highs.

MarketsEnergy & commoditiesTech & AIWall Streettechnology stocksoil pricesbond yields

RReutersOriginal★★★☆☆2026-08-18 15:15

Tech stocks weigh on Wall Street as Iran stalemate lifts oil and yields
Tech stocks weigh on Wall Street as Iran stalemate lifts oil and yields

Lula hails oil discovery near Amazon mouth as a ‘passport to Brazil’s future’

Brazilian President Luiz Inácio Lula da Silva has praised Petrobras’s oil discovery offshore near the mouth of the Amazon, calling it a possible “passport to the country’s future”. Environmentalists strongly oppose drilling in the biodiverse region, warning that an oil spill could damage reefs and coastal wetlands. The field’s size and commercial viability remain unclear.

Energy & commoditiesTech & AIBraziloil explorationAmazon riverenvironment

BBBC NewsOriginal★★★☆☆2026-08-18 13:13

Lula hails oil discovery near Amazon mouth as a ‘passport to Brazil’s future’
Lula hails oil discovery near Amazon mouth as a ‘passport to Brazil’s future’
  • Brazil president calls Amazon oil a ‘passport to the future’
    Brazil president calls Amazon oil a ‘passport to the future’

    Brazilian President Luiz Inácio Lula da Silva praised the discovery of oil off the Amazon coast despite environmentalist opposition to drilling there. He called the find a “passport to the country’s future” and said it would strengthen Brazil’s national sovereignty.

    BrazilLula da SilvaAmazon oiloil drilling

    AAl Jazeera★★★☆☆2026-08-18 10:08Original

Baidu misses quarterly revenue estimates

Baidu missed Wall Street estimates for second-quarter revenue as a decline in its core advertising business offset growth in AI-linked cloud services. Its U.S.-listed shares fell 3.5% in premarket trading.

Companies & industryTech & AIBaiduquarterly revenueadvertisingAI cloud services

RReutersOriginal★★☆☆☆2026-08-18 09:35

Baidu misses quarterly revenue estimates
Baidu misses quarterly revenue estimates

Norway’s top wealth fund flags risks from AI-fuelled stock valuations

Nicolai Tangen, head of Norway’s $2.4 trillion Government Pension Fund Global, warned that soaring AI-related stock valuations could cause a sharp market correction and inflict major losses. The fund posted record first-half profits, but about a third of its equity investments are in technology and its benchmark strategy leaves little room for hedging.

MarketsEnergy & commoditiesTech & AINorwaysovereign wealth fundartificial intelligencestock market risk

DDWOriginal★★★☆☆2026-08-17 14:00

Norway’s top wealth fund flags risks from AI-fuelled stock valuations
Norway’s top wealth fund flags risks from AI-fuelled stock valuations

From chips to sunflower seeds and dumplings, Washington's sanctions tear away its own fig-leaf

The UFLPA entity list added 43 Chinese companies in one day, bringing the total to 187 and extending restrictions across chips, food and apparel. Josef Gregory Mahoney argues that labeling consumer goods firms as linked to forced labor lacks factual basis, portraying the escalation as political calculation aimed at suppressing Chinese industries and disrupting supply chains.

Trade & sanctionsTech & AIUS-China relationsUS sanctionstrade restrictionssupply chains

CChina News ServiceOriginal★★★★☆2026-08-17 09:25

From chips to sunflower seeds and dumplings, Washington's sanctions tear away its own fig-leaf

China's Yiwu is becoming a must-visit for global shoppers

Yiwu International Trade Market in Zhejiang has drawn growing numbers of overseas buyers and tourists this summer. In the first half of 2026, it averaged 294,000 visits a day, including 12,000 overseas visitors. Robots, AI products and innovative consumer goods highlight the city’s fast-moving manufacturing and ability to respond to global demand.

Companies & industryTech & AIYiwuglobal shoppingChinese manufacturingAI products

CCGTNOriginal★★☆☆☆2026-08-16 13:01

China's Yiwu is becoming a must-visit for global shoppers
China's Yiwu is becoming a must-visit for global shoppers

EXCLUSIVE: Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say

Anthropic is preparing for what could be one of the largest IPOs on record. Sources say Wall Street is valuing the AI company unusually far ahead, basing its assessment on a forecast that its 2028 revenue could reach $190 billion to $200 billion.

MarketsCompanies & industryTech & AIAnthropicIPOartificial intelligencevaluation

RReutersOriginal★★☆☆☆2026-08-15 00:30

EXCLUSIVE: Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say
EXCLUSIVE: Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say

Silver Lake’s potential Workday buyout may restore confidence in battered software valuations, analysts say

Analysts and investors said on Friday that Silver Lake’s potential acquisition of Workday could lift battered software valuations by signaling continued private-equity confidence in the industry’s prospects despite fears that artificial intelligence could disrupt it.

MarketsEnergy & commoditiesCompanies & industryTech & AIWorkdaySilver Lakesoftware valuationsprivate equity

RReutersOriginal★★☆☆☆2026-08-14 19:40

Silver Lake’s potential Workday buyout may restore confidence in battered software valuations, analysts say
Silver Lake’s potential Workday buyout may restore confidence in battered software valuations, analysts say

Private Credit’s ‘Salt Fight’ Highlights Push to Invest in ‘Anything But Software’

A tongue-in-cheek private credit glossary circulating in the industry rebrands ABS, normally short for asset-backed securities, as “anything but software,” highlighting the push to invest beyond software.

MarketsTech & AIprivate creditasset-backed securitiessoftware investment

BBloomberg NewsOriginal★★☆☆☆2026-08-14 12:00

Private Credit’s ‘Salt Fight’ Highlights Push to Invest in ‘Anything But Software’
Private Credit’s ‘Salt Fight’ Highlights Push to Invest in ‘Anything But Software’

Thrive Capital’s Early-Stage Fund Grows to More Than $3.7 Billion

Thrive Capital’s $516 million early-stage venture fund, launched in 2022 with early investments in OpenAI, SpaceX and Anduril Industries, was worth more than $3.7 billion at the end of June.

Tech & AIThrive Capitalventure capitalOpenAI

BBloomberg NewsOriginal★★☆☆☆2026-08-14 08:34

Thrive Capital’s Early-Stage Fund Grows to More Than $3.7 Billion

Shanghai foreign trade rises 12.6% in July as AI-related product trade surges

Shanghai’s imports and exports reached 447.57 billion yuan in July, rising 12.6% year on year for an 18th straight month of growth. January-July trade totaled 3 trillion yuan, up 17.7%. AI-related products drove much of the increase, while exports of electric vehicles, lithium batteries and photovoltaic products also climbed sharply.

Trade & sanctionsTech & AIShanghai foreign tradeAI productsexportsASEAN

CChina News ServiceOriginal★★★☆☆2026-08-14 07:52

Shanghai foreign trade rises 12.6% in July as AI-related product trade surges

AI Wave Hits Youth Employment: How Can Graduates Respond?

China is expected to have a record 12.7 million university graduates in 2026, with the number seeking work exceeding 15 million when previous unemployed graduates and returning overseas students are included. Youth unemployment among 16- to 24-year-olds stood at 14.9%. Hong Kong graduates also face fewer vacancies, particularly in entry-level administrative, IT and programming roles. Scholars say AI is deeply affecting early-career jobs and highly educated cognitive work.

Macro & central banksTech & AIartificial intelligenceyouth employmentgraduatesunemployment

BBBC ChineseOriginal★★★☆☆2026-08-14 03:41

AI Wave Hits Youth Employment: How Can Graduates Respond?
AI Wave Hits Youth Employment: How Can Graduates Respond?

8,734 Unitree IPO shares allotted online go unpaid

Investors failed to pay for 8,734 shares allotted in the online tranche of Unitree Robotics’ Shanghai STAR Market IPO, while the offline tranche was fully subscribed. The sponsor and lead underwriter will take up the unpaid shares, valued at about 1.32 million yuan. The final online allotment rate was just 0.0181%.

MarketsTech & AIUnitree RoboticsSTAR MarketIPOinvestors

CChina News ServiceOriginal★★☆☆☆2026-08-14 02:59

8,734 Unitree IPO shares allotted online go unpaid

EXCLUSIVE: Silver Lake in talks to buy Workday, sources say

Private equity firm Silver Lake is discussing a possible acquisition of Workday, according to people familiar with the matter. With Workday valued at about $43 billion, the deal would be among the largest software buyouts ever.

MarketsEnergy & commoditiesCompanies & industryTech & AISilver LakeWorkdayprivate equitysoftware acquisition

RReutersOriginal★★☆☆☆2026-08-13 18:45

EXCLUSIVE: Silver Lake in talks to buy Workday, sources say
EXCLUSIVE: Silver Lake in talks to buy Workday, sources say

Zhipu AI and 32 other Chinese stocks added to key MSCI index

MSCI has added 33 Chinese companies, including AI firm Zhipu AI, to its MSCI China Index. The changes take effect after the August 31 market close, prompting passive funds that track the benchmark to rebalance. Analysts say the move highlights the growing influence of Chinese technology and hard-tech companies in global indexes.

MarketsTech & AIMSCIZhipu AIChinese stocksartificial intelligence

CCGTNOriginal★★☆☆☆2026-08-13 13:15

Zhipu AI and 32 other Chinese stocks added to key MSCI index
Zhipu AI and 32 other Chinese stocks added to key MSCI index

Lenovo revenue jumps 43% as AI boom fuels growth

Lenovo reported quarterly revenue of $26.94 billion, up 43% and ahead of forecasts, sending its shares 22% higher. AI-related revenue rose 60% to $9.3 billion, while its AI server pipeline grew 157% quarter-on-quarter to $54 billion. The company said it had successfully managed memory-chip shortages and costs, and has raised PC prices twice this year.

Energy & commoditiesCompanies & industryTech & AILenovoAIPC marketmemory chips

CCGTNOriginal★★★☆☆2026-08-13 13:06

Lenovo revenue jumps 43% as AI boom fuels growth
Lenovo revenue jumps 43% as AI boom fuels growth

More than 2,000 fabric suppliers gather at Zhejiang home textiles expo

More than 2,000 fabric suppliers are taking part in a three-day home textiles exhibition that opened in Keqiao, Zhejiang. The dual-venue event showcases curtains, wall coverings and other products, along with AI design tools that create realistic home décor images from photos.

Tech & AIhome textilesKeqiaofabric suppliersAI design

CChina News ServiceOriginal★★☆☆☆2026-08-13 08:07

More than 2,000 fabric suppliers gather at Zhejiang home textiles expo

AI Hangs Over Software Companies and the Investors Who Bet on Them

Buyout funds and lenders were attracted to software-as-a-service companies because they offered dependable revenue and low operating costs. Artificial intelligence now threatens that entire model. Investors who committed to these businesses face the possibility that the assumptions supporting their bets may no longer hold. The pressure reaches both the companies and the financial firms that backed them.

MarketsCompanies & industryTech & AIartificial intelligencesoftware companiesbuyoutsinvestment

BBloomberg NewsOriginal★★☆☆☆2026-08-12 16:30

AI Hangs Over Software Companies and the Investors Who Bet on Them
AI Hangs Over Software Companies and the Investors Who Bet on Them

Wall Street rises as AI earnings boost tech stocks and inflation data backs rate-hold bets

Wall Street’s main indexes advanced on Wednesday, with the Nasdaq leading the gains. Strong earnings from companies involved in artificial intelligence infrastructure lifted technology shares. Inflation figures that were broadly in line with expectations also strengthened market bets that the Federal Reserve will keep interest rates unchanged. The move combined enthusiasm over AI-related results with support from the latest price data.

Macro & central banksMarketsCompanies & industryTech & AIWall StreetAI earningstechnology stocksFederal Reserve

RReutersOriginal★★★☆☆2026-08-12 16:10

Wall Street rises as AI earnings boost tech stocks and inflation data backs rate-hold bets
Wall Street rises as AI earnings boost tech stocks and inflation data backs rate-hold bets

Indian e-bike rental startup Yulu raises $93 million for expansion

Indian electric bike rental startup Yulu said on Wednesday that it had secured $93 million through equity and debt financing. The company plans to use the funds to grow its fleet and move into additional cities. Yulu also aims to reach net profitability next year.

Tech & AIYulue-bike rentalfundingexpansion

RReutersOriginal★★☆☆☆2026-08-12 11:35

Indian e-bike rental startup Yulu raises $93 million for expansion
Indian e-bike rental startup Yulu raises $93 million for expansion

Global Investors Favor Taiwan Stocks Over Korea After AI Selloff

Taiwanese equities are attracting more interest from global investors than South Korean stocks after the sharp artificial-intelligence-related market selloff in July. Both markets are major AI indicators and are seeking to recover from that decline. The preference for Taiwan reflects expectations of steadier earnings compared with Korea. Investors are consequently reassessing their exposure to the two markets.

MarketsTech & AITaiwan stocksSouth Korea stocksAI selloffglobal investors

BBloomberg NewsOriginal★★☆☆☆2026-08-12 11:01

Global Investors Favor Taiwan Stocks Over Korea After AI Selloff
Global Investors Favor Taiwan Stocks Over Korea After AI Selloff

South Korea’s Sovereign Wealth Fund to Join Global AI, Robotics Race

South Korea expects to put more than 1 trillion won, or $707 million, of fresh capital into a new sovereign wealth fund next year. The fund will target artificial intelligence and other strategic industries. The move places the country alongside governments worldwide seeking to mobilize investment and gain an advantage in high-tech sectors.

MarketsTech & AISouth Koreasovereign wealth fundartificial intelligencerobotics

BBloomberg NewsOriginal★★★☆☆2026-08-12 08:37

South Korea’s Sovereign Wealth Fund to Join Global AI, Robotics Race
South Korea’s Sovereign Wealth Fund to Join Global AI, Robotics Race

Taiwan’s Foxconn reports 35% profit rise on AI demand

Foxconn, the world’s largest contract electronics maker, reports that its profit rose 35%. The company links the increase to demand for artificial intelligence. It forecasts strong growth in 2026 as the AI boom continues to drive its business.

Companies & industryTech & AIFoxconnAI demandprofit growth

AAl JazeeraOriginal★★★☆☆2026-08-12 07:58

Taiwan’s Foxconn reports 35% profit rise on AI demand
Taiwan’s Foxconn reports 35% profit rise on AI demand

EconoScope | Powering the AI era: Why China is betting on nuclear energy

The fast expansion of artificial intelligence is creating a fresh surge in electricity demand. That pressure is bringing nuclear power back into the spotlight. China is therefore turning to nuclear energy as a possible way to support the power needs of the AI era.

Energy & commoditiesTech & AIChinaartificial intelligencenuclear energyelectricity demand

CChina News ServiceOriginal★★☆☆☆2026-08-12 06:36

EconoScope | Powering the AI era: Why China is betting on nuclear energy

Amazon seller conference unveils plan to expand local industrial belts overseas

The 2026 Amazon Global Selling North China Seller Conference was held Tuesday in Qingdao, Shandong Province. More than 1,000 cross-border sellers, service providers and corporate representatives from northern China attended the gathering. The conference presented a plan aimed at helping local industrial belts expand further into overseas markets.

Companies & industryTech & AIAmazoncross-border e-commerceindustrial beltsoverseas expansion

CChina News ServiceOriginal★★☆☆☆2026-08-12 03:54

Amazon seller conference unveils plan to expand local industrial belts overseas

Peak Memory Fears Put Samsung and SK Hynix Cash Returns in Focus

Investors worried that the memory-chip boom will eventually cool are turning their attention to Samsung and SK Hynix. The manufacturers may have identified a new way to defend against that downturn by returning more cash to shareholders. The approach puts capital distributions at the center of the debate over how chipmakers can weather an inevitable slowdown.

Tech & AImemory chipsSamsungSK Hynixshareholder returns

BBloomberg NewsOriginal★★☆☆☆2026-08-12 03:30

Peak Memory Fears Put Samsung and SK Hynix Cash Returns in Focus
Peak Memory Fears Put Samsung and SK Hynix Cash Returns in Focus

Global youth unemployment rises amid weak job creation and AI risk, ILO says

Global youth unemployment rose in 2025, the International Labour Organization said. Slower economic growth, geopolitical tensions and weak job creation made it more difficult for young people to secure work. The agency warned that artificial intelligence could add to growing pressures on labour markets.

Macro & central banksTech & AIyouth unemploymentjob creationartificial intelligence

RReutersOriginal★★★★☆2026-08-11 22:35

Global youth unemployment rises amid weak job creation and AI risk, ILO says
Global youth unemployment rises amid weak job creation and AI risk, ILO says

Nvidia Credit Risk Eases After CEO Clarifies $500 Billion Plan

Bond traders reduced measures of credit risk tied to Nvidia after the company clarified its role in a $500 billion financing plan. Nvidia said it would cap its exposure to the arrangement. The plan is intended to fund artificial-intelligence investments that are boosting demand for the company’s computer chips.

MarketsCompanies & industryTech & AINvidiacredit riskAI investment

BBloomberg NewsOriginal★★☆☆☆2026-08-11 21:00

Nvidia Credit Risk Eases After CEO Clarifies $500 Billion Plan
Nvidia Credit Risk Eases After CEO Clarifies $500 Billion Plan

Healthcare and EV Startups Put Africa on Track for Record Funding Year

African-focused startups are on course for their strongest fundraising year on record. A new report says investment jumped sharply during the first six months of the year. Healthcare and electric-vehicle companies are helping drive the increase. The surge points to renewed investor appetite for technology businesses across the continent.

Companies & industryTech & AIAfrican startupsfundinghealthcareelectric vehicles

BBloomberg NewsOriginal★★★☆☆2026-08-11 20:00

Healthcare and EV Startups Put Africa on Track for Record Funding Year
Healthcare and EV Startups Put Africa on Track for Record Funding Year

Mortgage Rates Are High, and Here’s Why They Could Get Higher

Mortgage rates are already elevated. The item explains why borrowers may face even higher rates ahead. It also flags additional topics, including the use of artificial intelligence in human resources and parents hiring sorority coaches. The coverage presents these as part of a broader set of developments alongside the mortgage-rate outlook.

Macro & central banksTech & AIReal Estatemortgage ratesinterest ratesartificial intelligencehuman resources

BBloomberg NewsOriginal★★☆☆☆2026-08-11 19:30

Mortgage Rates Are High, and Here’s Why They Could Get Higher
Mortgage Rates Are High, and Here’s Why They Could Get Higher

NAB reshuffles senior leadership, appointing Pete Steel to head technology and AI

National Australia Bank said Pete Steel will take on the role of group executive overseeing technology and artificial intelligence. The appointment is part of Chief Executive Officer Andrew Irvine’s reshuffle of the bank’s senior leadership team. Steel will therefore lead NAB’s technology and AI functions under the revised structure.

Banking & financeCompanies & industryTech & AINational Australia Bankexecutive appointmentartificial intelligence

BBloomberg NewsOriginal★★☆☆☆2026-08-11 08:00

NAB reshuffles senior leadership, appointing Pete Steel to head technology and AI
NAB reshuffles senior leadership, appointing Pete Steel to head technology and AI

Taiwan and South Korea lead Asian equity outflows in July as AI concerns grow

Foreign investors were net sellers of Asian equities for the ninth month in a row in July. Taiwan and South Korea saw particularly heavy selling during the month. Concerns about spending on artificial intelligence and demand for chips weighed on the region’s technology-heavy stock markets. The outflows highlight continued investor caution toward Asian technology shares.

MarketsTech & AIAsian equitiescapital outflowsartificial intelligencechip demand

RReutersOriginal★★☆☆☆2026-08-11 06:30

Taiwan and South Korea lead Asian equity outflows in July as AI concerns grow
Taiwan and South Korea lead Asian equity outflows in July as AI concerns grow

Nvidia Nears $500 Billion AI Infrastructure Funding Partnership With Wall Street, FT Says

A group of major US investment firms is reportedly close to forming a partnership with Nvidia. The proposed arrangement would involve $500 billion in funding. The money would support the construction of artificial-intelligence infrastructure. The Financial Times attributed the information to people familiar with the matter.

Macro & central banksMarketsTech & AINvidiaWall StreetAI infrastructure

BBloomberg NewsOriginal★★★★☆2026-08-11 03:00

Nvidia Nears $500 Billion AI Infrastructure Funding Partnership With Wall Street, FT Says
Nvidia Nears $500 Billion AI Infrastructure Funding Partnership With Wall Street, FT Says
  • Nvidia gets $500bn from major investors to develop AI infrastructure
    Nvidia gets $500bn from major investors to develop AI infrastructure

    Nvidia has secured $500bn from major investors for artificial-intelligence infrastructure. The funding is intended for new data centres. These facilities will house and operate vast arrays of stacked computer chips. They will also provide the cooling needed for chips that process AI data and actions.

    NvidiaAIdata centresinfrastructure

    BBBC News★★★★☆2026-08-10 22:31Original

Singapore raises 2026 growth forecast on AI boom after robust Q2 GDP

Singapore has lifted its forecast for economic growth in 2026. The government said stronger-than-expected global investment in artificial intelligence should help sustain activity during the second half of the year. It also expects the Middle East war to have a milder economic impact than previously anticipated. The revision follows robust gross domestic product performance in the second quarter.

Macro & central banksMarketsTech & AISingaporeeconomic growthAI investment

RReutersOriginal★★★☆☆2026-08-11 02:30

Singapore raises 2026 growth forecast on AI boom after robust Q2 GDP
Singapore raises 2026 growth forecast on AI boom after robust Q2 GDP

SEC Exempts Data-Center Bonds From Key Securitization Rules

The Securities and Exchange Commission has eased the requirements for data-center owners selling asset-backed securities. The move could create room for additional debt offerings. Technology companies are searching Wall Street for financing methods to cover artificial-intelligence spending, and the regulatory change may support those efforts.

MarketsBanking & financeTech & AISECdata centersasset securitizationAI financing

BBloomberg NewsOriginal★★☆☆☆2026-08-11 01:30

SEC Exempts Data-Center Bonds From Key Securitization Rules
SEC Exempts Data-Center Bonds From Key Securitization Rules

Intel to Sell $15 Billion in Stock as AI Demand Fuels Comeback

Intel plans to issue $15 billion worth of new stock. The offering could be the chipmaker’s first public share sale since it listed in 1971. The company is seeking to extend its comeback. It also aims to capitalize on demand created by the artificial-intelligence boom.

MarketsEnergy & commoditiesCompanies & industryTech & AIIntelshare saleartificial intelligencesemiconductors

BBloomberg NewsOriginal★★★☆☆2026-08-11 01:00

Intel to Sell $15 Billion in Stock as AI Demand Fuels Comeback
Intel to Sell $15 Billion in Stock as AI Demand Fuels Comeback
  • Intel Said to Near Upsized Share Sale Targeting $20 Billion
    Intel Said to Near Upsized Share Sale Targeting $20 Billion

    Intel is reportedly close to expanding the size of a planned share sale. People familiar with the matter say the company is aiming to raise about $20 billion. That would be roughly one-third more than the target announced when the transaction was disclosed Monday morning. The size of the offering has not been presented as final.

    Intelshare salefundraisingcorporate finance

    BBloomberg News★★★☆☆2026-08-10 23:39Original

JPMorgan Strategists Raise S&P 500 Target as AI Spending Pays Off

JPMorgan Chase strategists have lifted their forecast for the S&P 500 for the second time in two months. They point to strong corporate earnings as one reason for the change. They also say massive spending on artificial intelligence is beginning to produce returns, supporting a more optimistic view of the benchmark index.

MarketsBanking & financeTech & AIJPMorgan ChaseS&P 500AI investment

BBloomberg NewsOriginal★★☆☆☆2026-08-10 20:00

JPMorgan Strategists Raise S&P 500 Target as AI Spending Pays Off
JPMorgan Strategists Raise S&P 500 Target as AI Spending Pays Off

AI empowers cross-border e-commerce in Zhejiang

Artificial intelligence is reshaping cross-border e-commerce in Zhejiang Province in eastern China. The technology is strengthening the competitiveness of products, making manufacturing more efficient and changing how businesses market their goods. Together, these developments are giving companies new ways to participate in international online trade and improve their operations.

Tech & AIartificial intelligencecross-border e-commerceZhejiang

CChina News ServiceOriginal★★☆☆☆2026-08-10 05:58

AI empowers cross-border e-commerce in Zhejiang

US tech firms gain from historic investment surge as West Coast unemployment remains high

The Bank for International Settlements says America’s technology companies are benefiting from the largest investment surge in history. Many of those firms are headquartered on the West Coast. Yet unemployment across the region is among the highest in the United States. The contrast highlights a gap between booming technology investment and weak regional employment conditions.

Macro & central banksMarketsCompanies & industryTech & AIUS technologyinvestmentWest Coastunemployment

CCNNOriginal★★☆☆☆2026-08-08 13:30

US tech firms gain from historic investment surge as West Coast unemployment remains high

AI Debt Indigestion Forces Wall Street to Rethink Bond Sales

BlackRock sought to raise billions in debt financing for a Meta Platforms data center. The asset manager wanted to avoid investors seeking a quick profit. The difficulty surrounding AI-related debt is now forcing Wall Street to reconsider how bond sales are structured and marketed.

Macro & central banksMarketsCompanies & industryTech & AIAI debtbond salesBlackRockMeta data center

BBloomberg NewsOriginal★★☆☆☆2026-08-07 23:30

AI Debt Indigestion Forces Wall Street to Rethink Bond Sales
AI Debt Indigestion Forces Wall Street to Rethink Bond Sales

Garbage-Truck Margin Boost Shows the AI Profit Boom Has Begun

Corporate America’s use of artificial-intelligence tools is producing gains in profit margins. The payoff offers major relief to investors who had questioned the enormous sums being invested in the technology. Those investments have been concentrated among a limited number of companies. The results suggest that an AI-driven profit boom is now beginning to take shape.

MarketsCompanies & industryTech & AIartificial intelligencecorporate profitstechnology investment

BBloomberg NewsOriginal★★☆☆☆2026-08-07 13:00

Garbage-Truck Margin Boost Shows the AI Profit Boom Has Begun
Garbage-Truck Margin Boost Shows the AI Profit Boom Has Begun

SK Hynix board approves $38 billion investment in South Korean chip plants

SK Hynix said its board has approved about 54.3 trillion won, or $38.30 billion, in investments through 2031. The spending covers the second construction phase of its chip fabrication plant in Yongin. It also includes 19.1 trillion won for the company’s M17 chip plant in Cheongju.

MarketsTech & AISK Hynixchip investmentSouth Korea semiconductors

RReutersOriginal★★★☆☆2026-08-07 11:05

SK Hynix board approves $38 billion investment in South Korean chip plants
SK Hynix board approves $38 billion investment in South Korean chip plants

Unitree Robotics unveils STAR Market IPO pricing

Unitree Robotics has set the price for its Shanghai initial public offering at 150.80 yuan per share, or about $22.34. The company announced the pricing on Thursday. Applications through both online and offline channels will begin next Monday. The offering is being conducted on Shanghai’s STAR Market.

MarketsTech & AIUnitree RoboticsSTAR MarketIPO

CChina News ServiceOriginal★★☆☆☆2026-08-07 02:57

Unitree Robotics unveils STAR Market IPO pricing

Alphabet Returns to Bond Market Despite AI Spending Worries

Alphabet Inc. has sold $25 billion in investment-grade bonds. Generous yield payouts helped the company attract one of the largest order books of the year for AI-related debt. The transaction marks Alphabet’s return to the bond market. It comes as investors remain concerned about the scale of artificial intelligence spending.

MarketsTech & AIAlphabetbond marketAI spending

BBloomberg NewsOriginal★★★☆☆2026-08-07 01:38

Alphabet Returns to Bond Market Despite AI Spending Worries
Alphabet Returns to Bond Market Despite AI Spending Worries

Trump imposes 15% tariff on key chip material to counter China

Donald Trump has imposed a 15% tariff on a material considered essential to chip production. The measure is intended to counter Chinese producers. Those producers are described as holding a monopoly over global polysilicon production. The tariff therefore targets a strategically important part of the chip-material supply chain.

Energy & commoditiesTrade & sanctionsTech & AITrumptariffsChinapolysilicon

BBBC NewsOriginal★★★★☆2026-08-07 00:44

Trump imposes 15% tariff on key chip material to counter China
Trump imposes 15% tariff on key chip material to counter China

Where to Invest $1 Million: Robots, Banks and Chinese Chips

Investment experts see opportunities in the artificial-intelligence trade beyond the market’s usual favorites. They point to robots, banks and Chinese chips as possible ways to participate in the theme. The focus is on alternatives to the best-known AI names.

Banking & financeTech & AIAI investingrobotsbanksChinese chips

BBloomberg NewsOriginal★★☆☆☆2026-08-06 17:00

Where to Invest $1 Million: Robots, Banks and Chinese Chips
Where to Invest $1 Million: Robots, Banks and Chinese Chips

EXCLUSIVE: Alkami launches sale process after buyer interest, sources say

Digital banking software provider Alkami Technology has formally begun a process to explore a sale. People familiar with the matter said potential buyers had shown interest in acquiring the company. The move comes as Alkami faces increasing pressure from activist investor Jana Partners. The details were provided by people familiar with the situation.

Banking & financeCompanies & industryTech & AIAlkami Technologysale processdigital banking softwareactivist investor

RReutersOriginal★★☆☆☆2026-08-06 16:15

EXCLUSIVE: Alkami launches sale process after buyer interest, sources say
EXCLUSIVE: Alkami launches sale process after buyer interest, sources say

Sequoia leaders map out a new era with $10 billion

Sequoia leaders Alfred Lin and Pat Grady are repositioning the 54-year-old firm for a business environment shaped by artificial intelligence. With $10 billion at their disposal, they are preparing the venture capital firm for a new phase. Their plans center on adapting Sequoia’s direction to an AI-dominated world. The shift reflects an effort to redefine the firm’s role as technology changes the investment landscape.

Tech & AISequoia Capitalartificial intelligenceventure capital

BBloomberg NewsOriginal★★☆☆☆2026-08-06 13:30

Sequoia leaders map out a new era with $10 billion
Sequoia leaders map out a new era with $10 billion

China’s July export growth likely cooled but remained robust

China’s export growth is expected to have slowed in July from the sharp surge recorded in June, according to a Reuters poll. Even so, exports likely remained strong. Global demand for artificial-intelligence-related goods continued to support shipments. Factories also rushed goods out ahead of an expected increase in U.S. tariffs, adding momentum to the month’s export performance.

Trade & sanctionsTech & AIChina exportstrade growthAI goodsUS tariffs

RReutersOriginal★★★☆☆2026-08-06 05:15

China’s July export growth likely cooled but remained robust
China’s July export growth likely cooled but remained robust

Morning Bid: AI stocks learn to fly — but ain't got wings

The morning market outlook turns to the day ahead for European and global markets. It focuses on the performance of AI stocks, using the image of learning to fly without having wings. The item presents a market watch rather than a specific corporate or policy development.

MarketsCompanies & industryTech & AIEuropean marketsglobal marketsAI stocks

RReutersOriginal★★☆☆☆2026-08-06 05:05

Morning Bid: AI stocks learn to fly — but ain't got wings
Morning Bid: AI stocks learn to fly — but ain't got wings

Samsung and SK Hynix shareholders seek bigger payouts from AI cash pile

Investors are increasingly pressing Samsung Electronics and SK Hynix to return more of their surplus cash. They are seeking larger dividends or expanded share buybacks after both companies reported record profits driven by artificial intelligence. Yet the companies gave shareholders little detail about their plans for returning capital. The limited disclosure has intensified calls for a greater distribution of the cash accumulated during the AI boom.

Companies & industryTech & AISamsung ElectronicsSK Hynixartificial intelligenceshareholder returns

RReutersOriginal★★☆☆☆2026-08-06 04:50

Samsung and SK Hynix shareholders seek bigger payouts from AI cash pile
Samsung and SK Hynix shareholders seek bigger payouts from AI cash pile

Bezos Sells $350 Million of Amazon Stock in First Sale of the Year

Jeff Bezos sold nearly $350 million worth of Amazon.com Inc. shares as the company’s stock reached a record on Monday. The transaction marked his first sale of Amazon shares this year. The sale came as the stock hit that new high, involving a substantial reduction in his holdings.

MarketsCompanies & industryTech & AIJeff BezosAmazonstock sale

BBloomberg NewsOriginal★★☆☆☆2026-08-05 22:30

Bezos Sells $350 Million of Amazon Stock in First Sale of the Year
Bezos Sells $350 Million of Amazon Stock in First Sale of the Year

US stock market could extend gains on earnings strength after S&P 500 record

U.S. equities have climbed to fresh records this week. Investors believe the rally could continue, supported by a powerful corporate profit engine, a reset in high-flying artificial-intelligence shares and valuations that remain reasonable. Those factors are seen as giving the market additional room to advance after the S&P 500’s latest record. The outlook centers on earnings as a key source of momentum.

MarketsCompanies & industryTech & AIUS stocksS&P 500corporate earningsAI shares

RReutersOriginal★★☆☆☆2026-08-05 16:45

US stock market could extend gains on earnings strength after S&P 500 record
US stock market could extend gains on earnings strength after S&P 500 record

Kenya’s stock exchange plans East Africa’s first AI-focused ETF

Kenya’s Nairobi Securities Exchange is developing East Africa’s first exchange-traded fund focused on artificial intelligence stocks. The exchange’s chief executive said the product is expected to be offered to investors before the end of the year. The planned fund would give investors a dedicated vehicle for exposure to AI-related shares.

MarketsTech & AIKenyaNairobi Securities Exchangeartificial intelligenceETF

RReutersOriginal★★☆☆☆2026-08-05 13:05

Kenya’s stock exchange plans East Africa’s first AI-focused ETF
Kenya’s stock exchange plans East Africa’s first AI-focused ETF

Samsung, SK Hynix pledge stronger shareholder returns

Samsung Electronics says it is examining ways to improve shareholder returns in what it describes as a sustainable manner. The South Korean company made the statement to Reuters on Wednesday. SK Hynix has also pledged to strengthen returns for shareholders. The commitments put greater emphasis on how the two companies reward investors.

Tech & AISamsung ElectronicsSK Hynixshareholder returnsSouth Korea

RReutersOriginal★★☆☆☆2026-08-05 12:50

Samsung, SK Hynix pledge stronger shareholder returns
Samsung, SK Hynix pledge stronger shareholder returns

Citadel’s flagship fund surged 5.9% in July after buying discounted AI stock portfolio

Citadel’s flagship fund gained 5.9% in July. The rise followed the firm’s purchase of a discounted portfolio of artificial intelligence stocks from troubled hedge fund Situational Awareness. The transaction linked the fund’s monthly performance to a deal involving a distressed investment firm and AI-related holdings.

MarketsTech & AICitadelhedge fundsAI stocks

BBloomberg NewsOriginal★★☆☆☆2026-08-05 11:29

Citadel’s flagship fund surged 5.9% in July after buying discounted AI stock portfolio

SpaceX slides as AI spending worries overshadow early returns

SpaceX highlighted returns from its artificial intelligence spending that arrived sooner than expected during its first earnings call as a public company. Those early gains were overshadowed by investor concerns about the scale and implications of continued AI spending, sending the company’s shares lower.

MarketsTech & AISpaceXAI spendingstock market

RReutersOriginal★★☆☆☆2026-08-05 11:05

SpaceX slides as AI spending worries overshadow early returns
SpaceX slides as AI spending worries overshadow early returns

AMD falls as investors seek bigger AI payoff

Advanced Micro Devices shares slipped in premarket trading on Wednesday. The chipmaker issued a revenue forecast that was stronger than expected, but investors viewed it as insufficient against already lofty expectations. They are looking for clearer evidence that the multibillion-dollar surge in artificial-intelligence spending will produce faster growth for the company.

MarketsCompanies & industryTech & AIAMDAI spendingchip industry

RReutersOriginal★★☆☆☆2026-08-05 08:45

AMD falls as investors seek bigger AI payoff
AMD falls as investors seek bigger AI payoff

Foxconn monthly revenue hits record in July on AI demand

Foxconn said its monthly revenue reached a record in July, driven by strong demand for artificial intelligence products. Revenue topped T$900 billion for the first time, equivalent to $27.93 billion. The Taiwanese company released the figure on Wednesday.

Companies & industryTech & AIFoxconnAI demandmonthly revenueTaiwan

RReutersOriginal★★★☆☆2026-08-05 08:00

Foxconn monthly revenue hits record in July on AI demand
Foxconn monthly revenue hits record in July on AI demand