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Baidu’s Market Value Plummets By $2.4 Billion Following CEO’s Absence From Crucial Meeting Led By Chinese President Xi
On Monday, the Hong Kong-listed shares of Baidu took a nosedive by 7%, wiping out $2.4 billion from the company’s market value. read more
Hidden Gems? AI Engine APART Highlights Automotive, Undervalued AI, Capital Goods As Top Sectors
Savart’s proprietary AI engine, APART, is identifying promising investment opportunities beyond the expensive and overvalued “AI poster boys” read more
Microsoft Commits $700 Million To Boost Poland’s Cybersecurity Infrastructure As Part Of The 2023 Polish Data Center Project
Microsoft Corp. (NASDAQ: MSFT) has pledged to invest an additional $700 million in Poland. The investment aims to strengthen the country’s cybersecurity infrastructure in partnership with the Polish armed forces. read more
Strategy’s Preferred Shares Outpace Peers By 19%, Offer 7x Higher Liquidity Over First Two Weeks: Analysis Highlights ‘Very High Yields’
The two-week-old preferred shares issued by Michael Saylor-led Strategy Inc. (NASDAQ:MSTR) have been seven times more liquid, outperforming its peers by 19%. However, according to an analysis, “yield is very high”. read more
Elon Musk Points To Bill Clinton-Era Government Job Cuts Amid Tesla Showroom Protests
Tesla Inc. CEO Elon Musk drew attention to historic government downsizing efforts On Monday, amid growing protests over his role in the President Donald Trump administration’s Department of Government Efficiency and recent Tesla showroom demonstrations. read more
Uber Files Lawsuit Against DoorDash Over Anticompetitive Conduct: ‘Underhanded Tactics Have Cost Uber Millions Of Dollars In Revenue’
Uber Technologies (NYSE: UBER) has taken legal action against DoorDash (NASDAQ: DASH), accusing the latter of anticompetitive practices that have reportedly raised costs for the restaurants as well as the consumers. read more
Spotify’s $18 ‘Music Pro’ Subscription Focuses On Superfans, With Content From Taylor Swift, Kendrick Lamar: Report
Spotify is set to launch a new premium subscription service “Music Pro” at $18 per month, targeting music enthusiasts with enhanced features. read more
South Korea Joins Italy In Halting Downloads Of China’s DeepSeek Amid Global Scrutiny Over Privacy Issues
South Korea has suspended new downloads of China’s DeepSeek AI app over privacy concerns, joining Italy, Taiwan, and Australia in increasing global scrutiny of the platform. read more
First Lady’s MELANIA And Argentine President Javier Milei-Promoted LIBRA Coin Possibly Masterminded By Same Team, Allege On-Chain Detectives
Blockchain analytics platform Bubblemaps on Sunday alleged a potential link between the teams behind the Official Melania (CRYPTO: MELANIA) meme coin and Argentine President Javier Milei-promoted LIBRA token, providing evidence of insider trading and manipulation. read more