Key Points: Wingtech reported a massive net loss of 8.7 billion yuan ($1.3 billion) in 2025 due to its ongoing corporate dispute. Auditors refused to verify Wingtech's financial statements because they lacked access to Nexperia data, which makes up 57%...
Key Points: The Beijing Auto Show features exactly 1,451 vehicles across 380,000 square meters of exhibition space. High global oil prices caused by Middle East conflicts make electric vehicles highly attractive to consumers. Chinese automakers shipped 371,000 electric vehicles to foreign markets in March alone, doubling last year's total. Chinese drivers report dropping their daily commuting costs by 90% after switching to battery power. Beijing...
Key Points: Samsung anticipates securing major contracts to manufacture advanced 2-nanometer logic chips for major technology companies. The South Korean technology giant recently started reviewing plans to build a second semiconductor factory in Taylor, Texas. The first Taylor facility will begin operations this year before launching full-volume production in 2027. Samsung previously won a $16.5 billion contract from Tesla and recently discussed new manufacturing deals...
Key Points: Tesla officially produced its first Semi truck from a completely new high-volume manufacturing line. The long-haul electric vehicle boasts a maximum driving range of 500 miles on a single battery charge. The automaker plans to spend more than $20 billion this year to expand its global manufacturing operations. Volume production for the autonomous Cybercab and the Megapack 3 battery system will officially begin...
Key Points: OpenAI successfully secured 10 gigawatts of artificial intelligence computing capacity in the United States. The company reached this...
Key Points: SoftBank Group plans to create and list a new artificial intelligence and robotics company, Roze, in the United...
Key Points: The biggest technology companies raised their estimates for total artificial intelligence spending to $725 billion this year. Meta...
Key Points: LinkedIn predicts its new agentic artificial intelligence hiring products will hit $450 million in sales next year. Microsoft...
Key Points: Alphabet will sell its custom Tensor Processing Units directly to select companies for their own private data centers....
Key Points: Amazon Web Services revenue jumped 28% to reach $37.6 billion during the first quarter of the year. The...
Key Points: Ford raised its profit outlook for 2026 after crushing Wall Street earnings estimates during the first quarter. The...
Key Points: SpaceX launched the ViaSat-3 F3 satellite on a Falcon Heavy rocket from Florida at exactly 10:13 a.m. Eastern...
Key Points: Qualcomm beat Wall Street estimates with $10.59 billion in second-quarter revenue and $2.65 in earnings per share. The...
Key Points: Apple will release its second-quarter earnings report on Thursday, forecasting total revenue of $109.66 billion. Chief Executive Officer...
Key Points: Smaller Italian banks raised 11.5 billion euros through cross-border digital deposit platforms by December 2025. The Bank of...
Key Points: NXP Semiconductors shares surged 26 percent on Wednesday to mark its best trading day since going public in...
Key Points: Microsoft expects to report $81.39 billion in revenue and adjusted earnings of $4.06 per share. Analysts project the...
Key Points: A powerful group of Alphabet shareholders demands to know how the company oversees government surveillance and military contracts....
Key Points: The European Commission determined Meta broke EU laws by allowing children under 13 to use Facebook and Instagram....
Key Points: SpaceX told investors that no one can remove Elon Musk from his leadership roles without his direct consent....
Key Points: China warned the European Union of direct countermeasures if it bans Huawei and ZTE telecommunications equipment. Chinese officials...
Key Points: Uber launched a new feature that allows users to book over 700,000 hotels directly in its app. The...
Key Points: The closure of the Strait of Hormuz cost Europe an extra €22 billion in fossil fuel bills in...
Key Points: Tesla will release the FSD V14 Lite software to international markets after the United States launch. The company...
Key Points: European Union lawmakers failed to agree on delaying strict artificial intelligence rules until December 2027. The new regulations...
Key Points: TSMC sold its final 1.11 million shares in Arm Holdings for a total of $231 million in cash....
Key Points: Goldman Sachs recently removed access to Anthropic's Claude artificial intelligence for its bankers stationed in Hong Kong. The...
Key Points: Honda pushed back the launch of its advanced artificial-intelligence self-driving system by one year to 2028. The automaker...
Key Points: Amazon unveiled a new hiring tool called Connect Talent that uses artificial intelligence to conduct automated job interviews...
Key Points: NXP Semiconductors predicts second-quarter revenue will reach up to $3.55 billion, beating earlier Wall Street estimates. The company's...
Key Points: Elon Musk is suing OpenAI and its leaders for $150 billion, claiming they illegally transformed a charity into...
Key Points: A fresh Wall Street Journal report claims OpenAI missed its goal of 1 billion weekly active users, sparking...
Key Points: OpenAI and Amazon Web Services partnered up to bring advanced artificial intelligence directly into Amazon cloud environments. Amazon...
Key Points: More than 70 House Democrats urged President Donald Trump to block Chinese automakers from the United States. Representatives...
Key Points: OpenAI missed its 1-billion-user goal, dragging down major tech and cloud computing stocks. President Donald Trump claimed Iran...
Key Points: Financial firms currently adopt artificial intelligence technology at more than twice the rate of government regulators. Only 24...
Key Points: Amazon will share its first-quarter earnings this Wednesday alongside massive tech rivals like Google and Microsoft. The company...
Key Points: General Motors reported an adjusted first-quarter earnings of $3.70 per share, completely crushing the expected $2.62. The automaker...
Key Points: T-Mobile introduced SuperBroadband, a new business internet service combining 5G networks with Starlink satellite backup. The service specifically...
Key Points: A severe El Niño weather pattern will trigger extreme heatwaves in Asia and cooler summers in North America...
Key Points: Organizers ask Australians to withdraw money today to protest the push toward a cashless society. The movement hopes...
Key Points: Foreign car companies warned the Trump administration that they might stop selling affordable vehicles in the United States....
Key Points: Foreign car brands now use Chinese electric vehicle platforms and software to build their new models. Volkswagen and...
Key Points: Micron and SanDisk shares jumped again on Monday as analysts predict strong demand for artificial intelligence memory through...
Key Points: Qualcomm shares jumped 13% following reports of a new partnership with OpenAI to build a smartphone processor. Tech...
Key Points: Joby Aviation executed the first point-to-point electric vertical takeoff and landing flight in New York City. The new...
Key Points: Major European media groups sent a letter to EU leaders on April 21, warning about a new digital...
Key Points: Microsoft will roll out its Copilot 365 artificial intelligence software to all 743,000 Accenture workers. Barely 3 percent...
Key Points: Shell agreed to purchase ARC Resources for $13.6 billion to boost its long-term energy production. The massive transaction...
Key Points: Bank of America created a financial screen featuring 67 stocks with a combined market capitalization of $5.5 trillion....
Key Points: Amazon signed a multi-year deal with Harpo Entertainment to grab exclusive advertising rights for The Oprah Podcast. The...
Key Points: Major technology companies successfully killed the Based Act in California in just over 30 days. State Senator Scott...
Key Points: Intel shares just broke a record high originally set back in August 2000. The S&P 500 index climbed...
Key Points: Salesforce and Slack filed a lawsuit against Microsoft in London on April 23. The legal team accuses Microsoft...
Key Points: David Silver secured a record $1.1 billion seed funding round to launch his new artificial intelligence company, Ineffable...
Key Points: Financial analysts expect General Motors to report $43.68 billion in first-quarter revenue, slightly trailing last year. The automaker...
Key Points: Microsoft announced a major contract update that ends its exclusive rights to use OpenAI technology and artificial intelligence...
Key Points: China abruptly canceled Meta Platforms' massive $2 billion deal to buy Manus, a fast-growing agentic artificial intelligence startup....
Key Points: Elon Musk takes Sam Altman to court over OpenAI's transition from a charity to a massive business. Microsoft...
Key Points: SpaceX sent a formal letter to the FCC on April 16 asking regulators to restrict foreign satellite competitors....
Key Points: Toyota sold 897,871 vehicles worldwide in March, down 7.3 percent from the same month last year. Dealerships in...
Key Points: Kia reduced the price gap between its vehicles and Chinese models in Europe from 20-25% down to just...
Key Points: Chinese artificial intelligence startup DeepSeek reduced the price of its input cache hits to just one-tenth of the...
Key Points: Fear of the "curse of 35" pushes young Chinese workers to start solo businesses powered by artificial intelligence....
