South Korean telecom operator SK Telecom Co., Ltd. (NYSE:SKM) on Saturday announced the launch of A.X K1, the country’s first hyperscale artificial intelligence model, featuring 519 billion parameters. Domestic Alternative to AI The launch marks a breakthrough for South Korea,…
Automakers in China recorded a surge in November exports to various markets across the globe. Exports Grew 87% In November Chinese EV exports grew 87% in November this year, as automakers exported over 199,836 vehicles this month out of the…
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) is under renewed scrutiny following a powerful earthquake near Taiwan, which has raised fresh concerns among investors about potential production disruptions. A magnitude 7.0 earthquake struck waters off northeastern Taiwan late on December 27, prompting…
Shares of Bolt Projects Holdings Inc (NASDAQ:BSLK) rose sharply in pre-market trading after the company announced preliminary fiscal 2025 results and updated its fiscal 2026 guidance. Bolt Projects raised its FY2026 sales guidance from $9.000 million to $11.000 million. The…
Popular cryptocurrency analyst Ali Martinez argued that Bitcoin (CRYPTO: BTC) is shifting from a peer-to-peer currency to a store of value, citing a sharp dip in network activity. Analyst Spotlights Drop In BTC Active Addresses Martinez took to X, highlighting…
Oracle Corp. (NYSE:ORCL) is on pace for its worst financial quarter since 2001, with shares sliding over 30% in the past three months as Jefferies analyst Brent Thill warns that the tech giant's immediate future is now linked to the…
A prominent Chinese e-commerce company with global ambitions, which is now trying to mirror Amazon.com Inc.’s (NASDAQ:AMZN) global ambitions, is seeing cracks and headwinds against its monumental growth streak over the past several years. The stock in question is JD.com…
Stellantis NV-backed (NYSE:STLA) Chinese automaker Zhejiang Leapmotor has raised over $530 million in funding from the State-owned automaker FAW. Leapmotor Secures Funds Via Stock Sale The company sold over 74,832,245 Domestic Shares to FAW, with each share priced at HK$55.29…
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Greed” zone on Friday. U.S. stocks settled slightly lower on Friday, with the Nasdaq Composite falling around 0.1% during…
The CEO of hedge fund Pershing Square Capital Management, billionaire Bill Ackman, publicly rescinded his support for Rep. Ro Khanna (D-Calif.) over the weekend, accusing the congressman of “losing his way” for defending a controversial new California wealth tax proposal.…