Some financial services firms are making bold statements about AI but not seeing tangible results, according to HSBC’s head of generative AI.
China’s Golden Week holiday signals persistent consumer caution
China’s Golden Week holiday affirmed a trend in more cautious spending, while consumers put greater emphasis on experiences.
Baidu’s robotaxi unit is exploring expansion into global markets in the ‘near future’
Chinese tech company Baidu’s robotaxi unit Apollo Go is in talks to expand overseas in the near future, according to a source familiar with the situation.
Solana cryptocurrency could rally 400% if Trump wins election, Standard Chartered says
Solana could outperform ether and bitcoin in a big way if former President Donald Trump wins the U.S. election, according to Standard Chartered.
Stocks making the biggest moves midday: Nvidia, DocuSign, Alibaba, Las Vegas Sands and more
These are the stocks posting the largest moves in midday trading.
Hurricane Milton could cause as much as $175 billion in damages, according to early estimates
That would be on top of the carnage already left behind by Hurricane Helene, posing a potential record-breaking path of wreckage.
Ray Dalio says investing in China is tricky as Beijing becomes less favorable toward capitalism
Ray Dalio says it’s still tricky to invest in China right now as the government may be seeking to structurally move the country away from capitalism.
Stocks making the biggest moves premarket: DocuSign, Wynn Resorts, Nvidia and more
These are some of the stocks posting the largest moves in premarket trading.
China state planner lays out further actions to boost economy but no new plans for major stimulus
China will speed up special purpose bond issuance to local governments to support regional economic growth, senior NDRC officials said.
Crypto relationship scams pose ‘catastrophic harm,’ SEC official says. Here’s how to avoid them
Criminals are using social media, networking and dating sites to lure people into buying fake crypto investments.