JPMorgan CEO Jamie Dimon says AI is not just hype — ‘This is real’
The burgeoning artificial intelligence tools from companies such as OpenAI still have their share of skeptics, but don't count JPMorgan Chase CEO Jamie Dimon among them.The Wall Street titan told CNBC's Leslie Picker on Monday that AI is not just a passing fad and is bigger than...
Stocks making the biggest moves after hours: Workday, Zoom, CarGurus, Unity...
Check out the companies making headlines in extended trading. Workday — Shares tumbled 9% following the enterprise software company's fourth-quarter earnings report. Workday's adjusted earnings beat the expectations of analysts polled by LSEG, formerly known as Refinitiv, by 10...
China’s AI stocks are surging. Here are the names to watch
Chinese artificial intelligence stocks are surging, even if the broader market recovery remains more muted. OpenAI's Sora text-to-video product reveal came towards the end of China's Lunar New Year holiday. Locals rushed to discuss and share the tech's possibilities online, and...
Xiaomi bets big on its new electric vehicle — targets 20 million premium users
BEIJING – Chinese smartphone company Xiaomi believes it's identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market."We think it's a good starting point for us in the premium segment because we have already 20 million premium...
After doubts about Alibaba’s future, co-founder Joe Tsai says:...
Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC's Emily Tan in an exclusive interview Friday.Questions about Alibaba's future have mounted after a series of internal changes, a scrapped cloud...