Stocks making the biggest moves premarket: Intel, Synopsys, Manchester United...
Check out the companies making headlines before the bell. Intel — The semiconductor stock climbed 2.2% on news that Israel's government agreed to grant Intel $3.2 billion for a new $25 billion chip plant the company plans to build in southern Israel. That makes the investment...
Stocks making the biggest moves midday: Intel, Nio, FedEx, Manchester United...
Check out the companies making headlines in midday trading. Intel — The semiconductor stock added 5.2% after Israel's government announced a $3.2 billion grant. The grant will be for Intel to build a $25 billion chip plant in southern Israel, which will mark the company's...
AI boom fails to propel China’s cloud market growth
An AI sign is seen at the World Artificial Intelligence Conference in Shanghai on July 6, 2023.Aly Song | ReutersBEIJING — Excitement over artificial intelligence isn't yet fueling a boom in cloud services spending in mainland China."The Chinese cloud services market remains...
China’s EV ambitions are only getting bolder. Here’s one stock analysts expect...
China's new car market is now 40% electric and hybrid, industry data show. That contrasts with a mere 7.2% across the United States, JL Warren Capital's Junheng Li said in a note, adding that penetration is only expected to tick up to 12.5% in the next two years. Ford and GM are...
China’s potential new gaming rules will hit smaller developers more,...
Mobile games in China range from League of Legends-like Honor of Kings toSource: Apple Inc.BEIJING — China's proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising revenue, according to UBS.Tencent, NetEase and...