The most plausible justification for this is fear of slower economic growth. Most companies have not found a use case for AI yet, and the best models (ChatGPT, Gemini) have free versions. If you are ...

HONG KONG] The chairman of a US congressional committee on China is calling on Bank of America (BOA) and JPMorgan Chase to ...

The Chinese company is licensing its technology to Ford for a Michigan battery plant, prompting criticism from Moolenaar and ...

Rise of open-source AI in financial institutions as Deepseek releases free state-of-the-art model. Banks can build their own ...

The world's largest contract chip maker, TSMC , gave a bullish outlook for the year on robust demand for AI applications, ...

Investors are bracing for the results from Taiwan's TSMC on Thursday to show further evidence of the wide-ranging uncertainty ...

US stocks fell on Wednesday as Federal Reserve Chair Jerome Powell warned that President Donald Trump's tariffs are ...

While the masses are focused on the potential resolution and what will happen if we do not see one, there is a more immediate ...

Several investment banks have moved to slash China’s growth forecasts this year, with most doubting Beijing can achieve the ...

Citigroup reported a strong profit surge in Q1, bolstered by dynamic stock trading amid volatile markets. CEO Jane Fraser's strategic initiatives led to revenue growth across divisions. However, U.S.

Citi's markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single digit percentage gain, it said on Tuesday. Equity revenue surged 23%, buoyed by more ...