Amazon.com, Inc. (NASDAQ: AMZN) delivered a powerhouse performance in the second quarter of 2025, significantly surpassing analyst estimates with an Earnings Per Share (EPS) of $1.68 against expectations of $1.31 to $1.33. Revenue soared by 13.3% year-over-year, hitting an impressive $167.70 billion. This robust
Chinese tech stocks rallied as bets on AI lift sentiment. Alibaba, Baidu, JD, PDD, NIO, Li Auto, and XPeng stocks all rose, showing renewed confidence in China's tech and EV sectors.
Jack Ma re-emerges at center of Alibaba as company intensifies push into AI and revives competition. Ma directs investment in AI and cloud services, boosting stock performance.
Gene Munster said Apple's iPhone 17 cycle is off to a strong start after JD.com pre-orders in China topped last year's iPhone 16, though analysts warn AI delays could limit long-term momentum.
Regulators are targeting industries from EVs and solar to food delivery as price wars slash margins, deepen deflation risks, and put jobs at stake across China’s economy.
Jack Ma-backed Yunfeng Financial Group has invested $44 million in Ethereum (CRYPTO: ETH) as part of its strategic reserve assets, according to an exchange filing Tuesday.
Investor sentiment faded on Friday as a key inflation gauge closely watched by the Federal Reserve climbed to a five-month-high, casting fresh uncertainty over the timing of potential interest rate cuts.
