Tag: online

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Alibaba's AI Push Sends Stock Soaring

Alibaba's stock surged 13% after reporting better-than-expected quarterly earnings, driven by strong growth in its AI business. The company plans to aggressively invest in AI infrastructure over the next three years, with CEO Eddie Wu saying that revenue growth at its Cloud Intelligence Group will continue to accelerate.

Apple's Powerbeats Pro 2: First Earbuds with Built-In Heart Rate Monitors

Apple's Beats Powerbeats Pro 2 earbuds debut with built-in heart rate monitoring sensors, improved audio, battery life, and more.

Asian Markets to Open Shaky on Trade Tensions, Powell Testimony

Asian markets are poised for a drop after President Donald Trump announced tariffs on steel and aluminum imports, adding to market jitters ahead of Jerome Powell's upcoming testimony.

Fed Rate May Be 'On Hold,' But President Says Rates Will Likely Move Lower Over 'Next 12-18 Months'

Chicago Fed President Austan Goolsbee says interest rates will likely move lower over the next 12-18 months despite the Fed potentially being on hold. He believes the economy is on track to achieve the Fed's 2% inflation target and that the labor market is stabilizing at full employment.

Trump Administration Considers Canceling Clean-Energy Loans

Trump administration explores options to cancel clean-energy loans from $400 billion program

Trump to Talk With China on Tariffs, Raising Reprieve Possibility

US President Donald Trump plans to talk with China, potentially delaying a 10% tariff after postponing levies on Canada and Mexico. The talks are expected to cover China's fentanyl exports and TikTok ownership.

Boeing, Southwest See Recovery Ahead as 737 Production Ramps Up

Southwest Airlines stock fell 5% last week due to rising costs, but CEO Bob Jordan remains optimistic about the company's turnaround strategy, buoyed by rising confidence in fleet partner Boeing.

Leonardo CEO meets Airbus counterpart, discusses satellite alliance

Leonardo CEO meets Airbus to discuss satellite alliance

Optus reportedly in talks to sell Optus Sport to Nine Entertainment

Optus, Australia's #2 telecom carrier, is looking to sell its sports streaming platform Optus Sport to media house Nine Entertainment, the Australian Financial Review reports.

US Northeast Set to Be Hit by Winter Storm, Bringing Snow and Frigid Temperatures

Winter storm to blast Northeast, snarling travel and bringing frigid windchills; Texas braces for plunging temperatures and possible snow.