The $2.4 trln tech titan’s commerce business is outpacing rival Walmart as it spends massively to bolster a more popular ...
China's electric-car makers are taking too much of a beating. Shares in companies from Nio to Xpeng fell yet further this week after BYD , which recently displaced Elon Musk's Tesla as the world's ...
The $160 bln Anglo-Australian group called off merger talks with its $80 bln peer. It looks like the cost savings on offer ...
Exxon and Chevron's valuation gap over Shell, BP and TotalEnergies has jumped to over 90% since the start of the year. The US ...
Legacy networks like the BBC are rushing to do business with the Alphabet-owned platform, in search of new revenue and ...
A new $12 bln stockpiling scheme to safeguard resource supplies and prop up miners relies on complex public-private financing. It’s a stopgap for some niches, but hopelessly underpowered. A better fix ...
Shares in listed IT groups have collapsed on fears that AI will replace their products. It spells pain for buyout barons, who spent $256 bln on software firms in 2021 alone. Direct lenders may also ...
To emerge as the distressed Hong Kong developer’s top shareholder, the US fund would have to spend over $1 bln. It could then ...
Once menaced by chatbot replacement fears, the tech titan’s valuation now challenges Nvidia. From chips to content to servers ...
A new Anthropic tool, which automates legal and financial analysis, hit IT and professional services stocks. One victim, RELX ...
CEO Jensen Huang last year hyped the chip group's giant investment in OpenAI. Now he frames it as conditional. It's a warning for investors as the ChatGPT maker and rivals seek vast sums of fresh ...
That's the enterprise value ascribed to ST Telemedia Global Data Centres in its sale to the US firm and Singtel. Divining ...