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(Bloomberg) -- Ant Group Co.’s quarterly profit continued to decline after the company increased investment in artificial intelligence technology for its health care, large language model and payment services. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueThe fintech company

(Bloomberg) -- Renewable energy manufacturer Jinko Solar Co.’s recent decision to sell control of its Florida facility extends a multi-billion retreat from the US by China’s clean technology firms, as they contend with an increasingly hostile policy environment and the potential loss of Biden-era incentives.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightInside a Year of Chaos and Conflict at Kevin

(Bloomberg) -- Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in the lakeside towns below.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamda

Cryptocurrency exchange Bullish (NYSE:BLSH) will release earnings for the first quarter before the bell on Thursday. Here’s what’s happening with the company and its stock. EPS, Revenue Forecast Analysts forecast earnings per share of $0.17 for the company, down 10% quarter-over-quarter. Bullish is expected to deliver revenue of $94.87 million, marking a 2.56% increase from the previous quarter. The BLSH stock has a consensus price target of $51.91 based on the ratings of 12 analysts, with the h

China's Alibaba on Wednesday posted a 3% rise in fourth-quarter revenue on robust growth for ‌its cloud computing and AI divisions, while its e-commerce ‌unit benefited from a new round of government subsidies. Like other major tech giants, Alibaba too has benefited from soaring business demand for artificial intelligence. Revenue from Alibaba's Cloud Intelligence Group ⁠surged 38% to 41.63 billion yuan ($6.13 billion) from a year ago and was a touch ahead of estimates of 41.27 billion ​yuan.

Biopharmaceutical drug delivery company Halozyme Therapeutics (NASDAQ:HALO) will be announcing earnings results this Monday after market close. Here’s what to expect.

The stock market has lots of questions about private-credit funds, namely how much they’re really worth. Blue Owl Capital is an example. The fund, known as OBDC, cut its net assets 3% to about $7.2 billion when reporting first-quarter results last week.

When eBay roundly rejected a takeover approach from GameStop on Tuesday, one reason was its suitor’s governance. True, it was the sixth reason...

When eBay roundly rejected a takeover approach from GameStop on Tuesday, one reason was its suitor’s governance. True, it was the sixth reason...

Tencent Holdings extended its streak of double-digit profit growth in the first quarter despite the Chinese tech giant’s ballooning investments to stay ahead in China’s artificial-intelligence race, though revenue growth slowed. Tencent was previously focused on leveraging the technology to boost productivity and reduce costs across various businesses.

The U.S. stock market is expensive by historical standards, and the Federal Reserve warns that elevated energy prices could lead to interest rate hikes.

Novo Nordisk A/S (NYSE:NVO) said its first quarter of 2026 was marked by rapid uptake of its newly launched Wegovy pill in the U.S., continued expansion of its obesity franchise and a series of pipeline and regulatory milestones, even as adjusted sales declined because of lower realized prices. Chi

Qnity Electronics (NYSE:Q) reported first-quarter financial results on Tuesday. The transcript from the company's first-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. Access the full call at https://event.on24.com/wcc/r/5304863/13B583BE38AAAC829D30E77A12130D1F Summary Qnity Electronics Inc reported an 18% year-over-year increase in net sa

U. S. stock index futures traded near unchanged levels on Wednesday as investors monitored President Donald Trump’s upcoming trip to China and prepared for another round of corporate earnings and economic developments.

The two scenarios the billionaire investor cautioned about appear to be playing out.

McDonald’s is renewing its vows with Chicago, striking a deal to put its name on a new professional soccer stadium in its longtime home. Chicago Fire Football Club’s planned stadium, scheduled to open in 2028, will be named McDonald’s Park under a deal set to be announced Wednesday. McDonald’s said the 22,000-seat Major League Soccer stadium will constitute the burger giant’s first naming rights deal for a professional sports facility in the U.S.

(Bloomberg) -- Japan’s three megabanks are set to secure access to Anthropic’s artificial intelligence model Mythos, according to a person familiar with the matter, after its limited release last month sparked fears of a new age of cybersecurity risks. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Co

President Trump's Fed chair nominee could be opening a can of worms for investors.

The S&P 500 slipped from record levels on Tuesday as rising oil prices and sticky inflation concerns pressured technology shares, but Polymarket traders are betting the benchmark index will rebound at Wednesday's open. The S&P 500 closed 0.16% lower at 7,400.96 after touching fresh highs earlier this week. However, a May 13 contract on Polymarket showed an 83% chance that the index would open higher on Wednesday. Why That Number Matters Investor focus has shifted toward inflation after April con

Japanese technology investor Softbank Group Corp. reported Wednesday that profits for the fiscal year through March zoomed by nearly five-fold from the previous year as its AI investments paid off. The Tokyo-based company recorded an annual profit of 5 trillion yen ($32 billion), far greater than the 1.15 trillion yen profit racked up the previous year. Among its most lucrative investments was OpenAI, in which Softbank has invested $34.6 billion, recording gains of $45 billion.

With inflation at 3.8%, a three-year high, the Pimco Inflation Response Multi-Asset fund is especially relevant right now.

Nutrien (NYSE:NTR) reported higher first-quarter adjusted EBITDA and record potash sales volumes, while management said its full-year guidance remains unchanged despite disruptions to global fertilizer and energy markets tied to the ongoing Middle East conflict. President and CEO Ken Seitz said the

Medicine and manufacturing technology provider Novanta (NASDAQ:NOVT) will be announcing earnings results this Monday after market close. Here’s what to expect.

After Tuesday’s inflation report, focus turns to President Trump’s long-awaited visit to China, with the Iran war and tariffs likely to be central topics. Meanwhile, the OpenAI-Elon Musk trial continues in California and earnings are expected from companies including Cisco Systems.

Semis took a breather, and so did stocks. A reversal for the semiconductor sector brought the market to a standstill. The S&P 500 fell 0.2%, and the Nasdaq composite dropped 0.7%. The Dow Jones Industrial Average added just 56 points, or 0.

A last-minute addition to the group of CEOs joining President Trump on his trip to China was Nvidia Chief Executive Jensen Huang, who wasn’t initially included on the travel list. Huang met the U.S. delegation in Alaska, where Air Force One was refueling. Trump called Huang on Tuesday to invite him after seeing media reports that he wasn’t coming, a person familiar with the matter said.

The Japanese technology investment company has issued debt, sold stakes in companies, and borrowed against its stake in Arm Holdings and other assets to fund bold AI investments.

On Tuesday, OpenAI CEO Sam Altman took the stand in an Oakland federal courthouse in the Musk-Altman trial. Over more than three hours of questioning from both sides, Altman reportedly addressed the key allegations at the heart of the case. Elon Musk's lawsuit alleges that Altman and OpenAI President Greg Brockman "looted" OpenAI's nonprofit structure through their partnership with Microsoft Inc. (NASDAQ:MSFT) for personal benefit. Here are the top 5 moments from Altman’s Tuesday testimony. Runn

Telehealth company Hims & Hers Health (NYSE:HIMS) will be reporting results this Monday after the bell. Here’s what to expect.

NRG Energy (NYSE:NRG) reaffirmed its 2026 financial guidance and capital allocation plans after reporting lower first-quarter adjusted earnings, with management saying mild Texas weather and the timing of its LS Power portfolio acquisition weighed on year-over-year comparisons. On the company’s fir