In Shanghai, China, the Xpeng G9 SUV is proudly showcased at the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center on April 18, 2023. VCG | Visual China Group | Getty Images Get ready for some exciting news in the business world: Xpeng — Prior to the opening bell, the …
An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Aly Song | Reuters Alibaba on Friday unveiled its latest artificial intelligence (AI) models, Qwen-VL and Qwen-VL-Chat, that are designed to surpass its previous products in image understanding and converse in more complex ways. This move comes as …
American multinational skincare and beauty products brand Estée Lauder’s logo seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Explore the companies generating attention before the market opens on Friday. Palo Alto Networks — Shares of the cybersecurity company traded down 1.8% in premarket trading on Friday. Palo Alto Networks is expected to …
In the Central district of Hong Kong on July 26, 2021, individuals were seen standing in front of an electronic display showing the Hang Seng Index. Stocks experienced a significant decline as China’s decision to reform the private education sector and prohibit tuition firms from making profits took its toll. This development resulted in Hong …
Share prices of Sea Ltd., one of Southeast Asia’s leading tech companies, experienced a sharp decline after falling short of revenue expectations and announcing a shift towards prioritizing growth over profits. This strategic pivot is seen by analysts as a move to defend the company’s market share in the face of increased competition. Sea reported …
A stock photo of a processor unit, with the flags of the United States and China to illustrate the escalating global race for technology supremacy between the two largest economies in the world. Blackdovfx | Istock | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open …
An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Aly Song | Reuters Take a look at the trending companies during midday trading. News Corp — The media company’s shares rallied nearly 4% after exceeding earnings expectations in the fiscal fourth quarter. News Corp reported adjusted earnings …
Employees at a Kate Spade store in The Shoppes at Marina Bay Sands shopping mall in Singapore are busy preparing a captivating window display. The scene is a testament to their creativity and attention to detail, ensuring that customers are drawn to explore the store. Roslan Rahman | AFP | Getty Images Discover the latest …
In the iconic Macy’s flagship store in New York, a shopper admires the exquisite collection of Michael Kors handbags. By Scott Mlyn for CNBC Here are the top companies making headlines before the bell: Capri, Tapestry — Capri Holdings experienced a remarkable surge of more than 57% in premarket trading, while Tapestry saw a decline …
At the World Artificial Intelligence Conference (WAIC) in Shanghai, China on July 6, 2023, the Alibaba Group sign was prominently displayed. The presence of the Chinese e-commerce giant continues to make waves in the industry. According to Refinitiv data, Alibaba reported a significant 14% year-over-year revenue growth in the quarter ended June 30. This marks …