Finance news

Asian streaming services go big on microdramas and AI content

The paradox at the heart of credit markets: the biggest borrowers are the strongest credits

Credit-default swaps and credit spreads show no signs of stress despite more than $300 billion of issuance since the start of 2026. Investors know the AI story and are keen to absorb the supply.

SpaceX gains 3% after surpassing Amazon in market cap

The space and AI company's stock has surged since its blockbuster IPO on Friday.

The white paper making China’s case for new rules for the world’s new frontiers

China has pitched itself as a champion of rule-making for new frontiers, including AI and outer space, calling for a “more just and equitable” world order as humanity navigates “dangerous waters”. In a policy document released on Wednesday, Beijing said it would continue to uphold the “central” role of the United Nations in the global governance of those emerging sectors. The document, a white paper called “More Just and Equitable Global Governance: China’s Principles, Proposals and Actions”,...

'A signal of where power sits': Trump and world leaders joined by OpenAI, Anthropic, Google at G7

Frontier AI risks, infrastructure and sovereignty are all expected to be discussed at the world leaders' summit.

AI boom sparks Kingboard subsidiary’s US$1.5 billion stake sale to ramp up PCB capacity

Riding on a buoyant stock market for artificial intelligence hardware components, Kingboard Holdings plans to raise HK$11.77 billion (US$1.5 billion) by selling a stake in its listed subsidiary, Kingboard Laminates Holdings, one of the world’s biggest makers of laminate materials used in circuit boards for AI servers. The company said the proceeds would be used to expand business and production capacity to meet surging demand. The fundraising comes as AI server backlogs hit record highs at major

China pushes for AI safety as G7 summit wraps up without Beijing

China included artificial intelligence in its global governance whitepaper published Wednesday, and said Beijing was speeding up cooperation efforts.

Could AI algorithms hold China’s solution for global narrative on Tibet?

To win the global war of words over Tibet, China’s western autonomous region that repeatedly makes international headlines, Beijing must stop fighting the West’s algorithms and start adapting to them. That was the blunt assessment of Zachary Lundquist, an American media professional with the state-run China International Communications Group (CICG), speaking in Lhasa, capital of China’s Tibetan autonomous region, on Tuesday. Lundquist – better known by his Chinese name, Huang Hao – was...

CNBC Daily Open: AI protectionism opens new front for G7

G7 attention shifts to AI as the U.S. imposes protectionist policies on access to certain models.

Hong Kong teachers to undergo 30-hour digital training amid AI push in schools

Hong Kong teachers will have to complete at least 30 hours of digital education training every three years, as authorities unveil a blueprint to boost the use of technology in schools. As part of the initiative, primary and secondary schools will also be required to incorporate digital elements into their annual school development plans, while an innovation and technology curriculum will be rolled out for pupils. The move came as the Curriculum Development Council released the Blueprint for...

IPO: “Significant burden factor”: Anthropic ban complicates IPO plans

Analysts warn: Blocking the most important AI models could intensify the race between Anthropic and its competitor OpenAI and put OpenAI in the lead.

NTT hoped to lead optical data networks. AI and Nvidia changed that

The Smartest Way to Play the AI Boom in 2026

If you've been investing in the AI boom, you probably own most of the same names everyone else does. NVIDIA for the chips. Microsoft, Google and Amazon for the cloud. Maybe Meta for the consumer side. Maybe Palantir or one of the AI software names. Possibly TSMC for exposure to the manufacturing layer. And that playbook has worked well for investors. NVIDIA alone has minted more wealth in two years than most companies create in a century. The hyperscalers have all hit fresh highs. AI software st

Anthropic's Fable shutdown is a big moment for open-source AI

Anthropic’s Fable shutdown could boost open-source AI, but many of the models gaining traction are Chinese.

Latin America and Europe are bystanders in the US-China AI race, says Lula’s top adviser

The race for artificial intelligence has hardened into a two-power contest between the United States and China, fought over rare earths, data and the rules governing the technology, with Latin America and Europe sidelined, Brazil’s top foreign policy adviser said on Tuesday. Celso Amorim, a former foreign and defence minister, made the case at the Forte de Copacabana International Security Conference in Rio de Janeiro, an annual forum run by the Brazilian Centre for International Relations with.

Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents

Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.

Why Kioxia is going easy on capex despite AI memory boom

Nvidia’s Jensen Huang says society needs ‘new social norms’ in the age of AI

Nvidia CEO Jensen Huang – whose work helped enable artificial intelligence – stressed in an interview on Tuesday that society has no choice but to change in the advent of AI. Huang has been optimistic about the technology’s potential to rapidly change society, creating faster economic growth and more scientific breakthroughs. But as the head of a computer chip company now developing AI systems, Huang has felt obliged to respond to critics who warn of job losses and threats to humanity...

SpaceX gets assist from DOJ in effort to toss NAACP air pollution lawsuit

The DOJ is asking a Mississippi federal court to dismiss a lawsuit filed by the NAACP against Elon Musk's xAI, now owned by SpaceX.

AI Power Hunger Sparks Push for Energy Efficiency

The surge of AI and the data center boom have started to pose challenges to the global energy system amid soaring power demand, spiking energy bills, and a higher environmental footprint. As much as AI is changing the world and the economy, it could also offer assistance to one of the energy sector’s most pressing needs in times of rising demand, uncertainty in fossil fuel supply, and inflationary and supply-chain pressures in the renewables industry—energy efficiency. AI could be the tool to he

Why RADR Could Be Lantern Pharma's Most Undervalued Asset

Most people look at Lantern Pharma ($LTRN) and see a small biotech with a few oncology programs. What they often miss is RADR. RADR isn't a chatbot. It's an AI-driven oncology platform designed to identify which patients are most likely to respond to specific therapies by analyzing billions of data points across genomics, transcriptomics, drug response datasets, and clinical outcomes. Instead of asking: "Which drug fits this cancer?" RADR asks: "Which patients are most likely to benefit from thi

Is there a tool that alerts you when ANY company announces a deal in a specific sector?

I track a lot of individual companies, but I keep running into the same problem: I find out about major deals and announcements days after they happen, usually from a news article referencing something that was filed or announced earlier. For example, I missed a few big AI infrastructure contracts last month because the companies involved weren't on my watchlist. By the time it showed up in my news feed, the move had already happened. Same thing with hydrogen and nuclear energy deals, unless you

Japan wants to send 30,000 young scientists abroad for AI, quantum research

Is AVLV a good satellite holding to hedge against heavy tech concentration in an S&P 500 portfolio?

For investors using a robo-advisor like Betterment that concentrates roughly two-thirds of a portfolio into the S&P 500 (with the rest in international, mid/small cap, and bonds), does adding a 5% to 8% tilt into a large-cap value fund like AVLV make sense? The goal would be a modern value tilt without going as traditional or "old school" as something like a Schwab value fund. Has anyone looked into using a factor ETF like AVLV specifically to reduce risk if mega-cap tech and the AI boom slow do

Corporate leaders turn to new doctorate to strategise AI adoption

[The content of this article has been produced by our advertising partner.] For modern-day businesses, effective AI adoption is increasingly seen as make or break if they are to stay competitive. Executives do see this potential but frequently reduce it to little more than a tool for drafting reports or creating slides. And this digital divide is what the Doctor of Business Artificial Intelligence (DBAI) at PolyU Business School of the Hong Kong Polytechnic University sets out to address. As...

As Europe rearms, ‘wingman’ aircraft take center stage

European and U.S. defense forces are rapidly developing their own AI-powered drones to complement their fighter jets and carry extra battlefield tech.

Prediction market traders speculate Anthropic will restore access quickly to AI model after Trump admin directed it to limit reach

Traders think it's more likely than not that access is restored by July 1.

What to know about Cursor, the AI coding startup SpaceX is buying for $60 billion

Newly public SpaceX is taking advantage of a previous agreement that gave it the option to acquire Cursor, whose engineers have already been working closely with the company.

SpaceX to acquire the AI coding startup Cursor for $60 billion

The deal will help to bolster the company's efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.

This little-known AI stock has beaten Micron and Arm this year, and now it’s extending its lead

Rackspace shares are surging Tuesday following a new deal with AMD.