Tag: Bloomberg
Alibaba risks deepening $100 billion rout as turf war heats up
A protracted battle in China’s food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., with no end in sight...
TSMC revenue climbs 39% in latest sign of AI spending boom
Taiwan Semiconductor Manufacturing Co.’s revenue rose a better-than-anticipated 39% in the June quarter, buoying expectations for a sustained post-ChatGPT boom in AI spending.
Sales for...
Trump threatens 10% tariff for ‘anti-American’ BRICS policies
President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further...