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Sinking profits turn China’s $3.5 trillion stock rout into trap
The rout intensified last week, pushing the onshore benchmark CSI 300 Index into a bear market and a technology sector gauge in Hong Kong toward erasing all its gains since Beijing’s sweeping growth support package two years ago.…
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Global Market Today: Asian stocks slide after US tech rout
Asian stocks extended losses, tracking declines on Wall Street as investors rotated out of technology giants following a blistering rally earlier this year and sought safety in Treasuries and currencies such as the yen.…
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US orders federal agencies to remove China’s DeepSeek AI from their systems
The U.S. has ordered federal civilian agencies to stop purchasing services and products developed by Chinese AI startup DeepSeek and remove them from government IT systems over national security concerns tied to the Chinese AI startup’s operations in…
China’s Proposal to Restrict Export of AI, Chip, and Solar Technologies for National Security
China’s Ministry of Commerce and Ministry of Science and Technology have put forth a draft proposing export bans or restrictions on 40 technologies, including artificial intelligence, chips, solar power, and biomedicine, citing national security …
Futures Rise As Warsh Stays Mum, Tesla “Flying Car” Interrupts AI Liquidation
US futures are higher, and small caps are leading, as the crowded-trade unwind that hammered chips, momentum and AI baskets all week takes a breather: Fed Chair Kevin Warsh said nothing about rates at the IMF gathering in Bangkok overnight (traders too…
AI agents made 138 million crypto payments. What did they buy?
More than 138 million x402 payments were recorded on Base in Chainalysis’s 2026 North America study. The count is large; the typical payment is tiny. Some software buys data, code checks and access to AI models, while earlier activity included a specu…
China’s Struggle to Reduce Dependency on Nvidia Amid AI Chip Shortage
Despite US export restrictions and Beijing’s push for homegrown processors, Chinese technology giants are grappling with a shortage of computing power to fuel their expanding AI endeavors. China has been ramping up efforts to develop its own arti…
Here are 10 terms you need to know to understand artificial intelligence
Whether you use AI all the time or are a newcomer, the tech is changing so rapidly that it can be hard to keep up.
Here are some of the key words that have been popping up in the news — and are likely to stay in it for a while to come:
1.…
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Trading app Webull tanks 18 percent over ‘ties’ to Chinese government, national security concerns: report
Webull, a digital brokerage platform, is quietly “tied in structural ways” to the Chinese government — representing a national security threat to the nation’s finances, according to reported findings from US lawmakers.…
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Tencent Secures $7 Billion Oracle Cloud Deal to Access AI Chips, Deepening U.S.-China Tech Coupling
Chinese technology titan Tencent Holdings Ltd. has executed a $7 billion cloud computing agreement with U.S. infrastructure giant Oracle Corp., securing access to roughly 100,000 advanced artificial intelligence chips in Southeast Asian data centers….