News

Five key takeaways from earnings season

Wholesale inflation jumps 6%

Wholesale prices in April rose 1.4% seasonally adjusted for the month, significantly higher than the 0.5% Dow Jones consensus forecast and...

Alibaba CEO to lead new AI business group

Alibaba’s core profit drops 84%

Chinese tech giant Alibaba has reported a sharp decline in its core profitability during the March quarter, due to heavy investments...

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