Finance news

China ‘crazy boss’ shares AI images of him in women’s outfits, aims to become world’s richest

The founder of a fast-rising Chinese tech firm has become known as China’s “crazy boss” after a string of online stunts. Yu Hao, 39, from Jiangsu province in eastern China, is the founder and CEO of Dreame Technology, a smart home appliance maker best known for high-end robot vacuum cleaners. Founded in 2017, Dreame has grown rapidly in China’s crowded smart appliance sector. Public records show the company was once valued at about 45 billion yuan (US$6.6 billion) and it is reportedly aiming for

Schneider Electric sees India data center business outpacing core growth on AI boom - Reuters

Schneider Electric sees India data center business outpacing core growth on AI boom Reuters

AI capex just got revised up $225B in 6 months and earnings are actually following it, this is not how bubbles work and it's messing with my thesis.

So hyperscaler capex started 2026 at $515B and it's now $740B mid-year, with 2027 already pencilled in at $889B that's 2.7% of US GDP going into AI infrastructure, in 2019 this number was 0.3%. The part that's really breaking my bubble thesis is that EPS is actually moving with it. tech earnings estimates for 2027 are up nearly 20% YTD and in 1999 profits lagged the spending by a mile that's not what's happening here, at least not yet, also nobody seems to be talking about the equity returns in

Beware the boom and bust cycle of memory stocks, investors warn amid AI boom

"In the long run, it's a pretty dreadful industry," William de Gale of BlueBox Asset Management, told CNBC's Europe Early Edition on Wednesday.

Singapore Q1 GDP growth tops estimates at 6% on AI boom

Singapore’s economy grows on back of AI boom, defying Iran war slowdown

Singapore’s economy expanded faster than expected in the first quarter as the global artificial-intelligence boom lifted the nation’s manufacturing and services, offsetting the drag from higher crude prices. Gross domestic product grew a seasonally adjusted 1 per cent in the three months through March from the previous quarter, the Ministry of Trade and Industry (MTI) said on Monday. That is well above the government’s advance estimate of a 0.3 per cent contraction and the median forecast of a..

How Xiaomi’s push into AI, chips and EVs is future-proofing its hardware empire

Xiaomi is betting on artificial intelligence to future-proof its sprawling hardware empire, pouring massive resources into open-source models to ensure its next generation of smartphones and electric vehicles (EVs) does not get left behind in an AI-driven market. The Beijing-based firm’s latest AI model, MiMo-V2.5-Pro, introduced last month, was ranked by third-party benchmark platform Artificial Analysis as the world’s top open-source model for agentic capabilities – referring to an AI system’s

All Stocks I’m Currently Watching. (details in caption)

Here are 7 stocks im currently watching, some are related to the SpaceX IPO, others are linked with AI Data Centres. Please let me know your opinions, more info below: Micron - has direct play on ai memory demand, one of the clearest near term beneficiaries of the data centre buildout Arista networks - strong ai networking exposure Vertiv- creates the cooling and power equipment that keeps servers running SanDisk - makes flash storage and SSD memory products, stock price is heavily affected by t

How AI is changing stock trades for retail investors

DeepSeek V4 Pro tops global bang-for-buck ranking after 75% price cut

Chinese artificial intelligence start-up DeepSeek’s latest flagship model has been ranked as one of the world’s best on an intelligence-per-dollar basis, far exceeding those from US heavyweights OpenAI and Anthropic in cost-efficiency after a 75 per cent promotional price cut was made permanent. The Hangzhou-based start-up announced the permanent price cut for its V4 Pro model on Saturday, a month after it released the long-awaited V4 generation, which comprises the flagship V4 Pro model and its

Can China’s AI-powered food monitoring avoid US military-style meal complaints?

Images of sparse meals aboard naval vessels deployed in the United States’ war on Iran are a reminder that keeping military forces supplied with adequate food has been a problem for thousands of years. The photos came to light after a crew member from the USS Abraham Lincoln shared them with family in the US, sparking a dispute between personnel, their families and the Pentagon, along with complaints about inadequate food, despite official claims of more than 30 days’ supply on board. Meanwhile,

The Middle East war is testing the Gulf's ambitions to become an AI hub

Attacks on data centers in the Middle East and persistently high energy prices have altered the calculus for operators of the facilities, analysts say.

US Pax Silica hub plan hits Philippine sovereignty wall: ‘no special arrangement’

A US plan to build an “AI-native” industrial hub in the Philippines has highlighted the political sensitivities around Washington’s push to secure critical technology supply chains, after Manila rejected proposals for the zone to be governed by US laws or covered by diplomatic protections. Philippine officials said the planned economic security zone under Washington’s Pax Silica initiative would remain covered by local laws, clarifying that there would be “no special arrangement” for the...

I feel like it’s very difficult to get a read on the AI trade… (chips, smh, intc, bubble)

I’ve had massive returns on SMH and INTC over the last x amount of months. I’m currently watching a documentary on the dot com bubble. I see a lot of similarities but also a lot of pretty poignant differences. Marvell and Dell are going to post their earnings this coming week - relevant because i’ve been trying to closely monitor the AI trade and these 2 seem to be the last reporting companies for last quarter’s earnings in regards to the AI trade. As of the last hyper-scalers earnings reports a

Japan college to build AI- and robot-powered city within a city

Speculators rush into copper as sulfur supply risk, AI drive up prices

Editor's Choice: Nvidia and Asia's three chip giants cash in on AI gold rush

Worker confidence hits record low as AI threatens jobs, global report finds

AI looms over Japan's near-record employment rate for new grads

China's 'Seven Titans' tech stocks slump as deflation overpowers AI boom

Japan shipbuilding town looks to foreign workers, AI amid labor crunch

One Assumption is Clear. The Markets won’t end..

Without a rip your face off rally that everyone goes OMG what is that. Just like in 2008/9 we are now under the same assumption (housing prices only go up) that for all of this to end we need to see a final push higher to shock everyone. Some are saying NVDA 15-20 trillion will shock the world. We have SpaceX coming online which will open north of 2 trillion, some speculate that will go to 10-20 trillion too OpenAI is coming online after, which will probably hit 1-10 Trillion Then Anthropic to f

Nvidia can deliver chips — but it can’t buy Big Tech out of its credit and power-grid crisis

Corporate profits can’t fix a chaotic trade war with China, climbing credit premiums and AI infrastructure limits.

Your bond portfolio is facing a ‘termite’ infestation far worse than Jamie Dimon’s ‘cockroaches’

JP Morgan Chase CEO warned of credit-market ‘cockroaches.’ But opaque AI loans and excessive leverage — ‘credit termites’ — are hollowing out the economy.

73% of AI capex plays underperform

Screened 40 large caps most tied to AI capital spending and 73% have trailed the S&P YTD by a median of about 9 points. Power and cooling names diverged the most. Vistra trades at 42x forward now versus 28x a year ago but is only up 4% while the index sits around 13%. Eaton and Vertiv show a similar pattern: multiple expansion running well ahead of actual revenue guidance upgrades. Semis look better on the surface but strip out NVDA and AVGO and the remaining group (MRVL, INTC, MU, KLAC) is basi

China's DeepSeek to make permanent 75% price cut on flagship V4‑Pro AI model - Reuters

China's DeepSeek to make permanent 75% price cut on flagship V4‑Pro AI model Reuters

Microsoft’s new responsible tech lead on how to humanize high-speed AI development

Jenny Lay-Flurrie, head of Microsoft's Trusted Technology Group, says responsible tech is: How do we build it right? And how do we keep it that way?

I simultaneously understand that the hyperscalers have room to grow, and that the world economy is not stable, how does anyone keep their sanity in this environment?

I simultaneously understand that all of the infrastructure going into AI has a lot of room for growth and will most likely suck up pretty much all industries while also increasing productivity for anything with a moat against the hyperscalers At the same time I can't deny the following: a lot of people will lose their jobs very quickly (much more quickly than previous industrial revolutions) US is no longer looked at like a stable partner/investment due to its governmental instability wars are b

Graduates of top vocational school spared brunt of AI impact, new chairman says

Graduates of Hong Kong’s largest vocational training institution have largely avoided the negative effects of AI and could reap more internship opportunities from a coming megaproject, the body’s new leader has said. In an interview with the South China Morning Post, newly appointed Vocational Training Council (VTC) chairman Jeffrey Lam Kin-fung also vowed to review the courses to align them with emerging job opportunities. The government earlier revealed that entry-level jobs for university...

Southeast Asia is chasing the AI boom, but at what cost?

In a swanky penthouse office outside Kuala Lumpur, tech firm Zetrix AI is putting a grand plan into motion to get 1 million people across Southeast Asia using its artificial intelligence agent, Avatar, by the end of the year. Designed as an autonomous alter ego, Avatar is adept at dealing with tasks ranging from the mundane, like filling out forms, to the particular, such as helping influencers reply to thousands of social media messages. The ultimate goal, according to the company’s Gen Z...