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Nvidia, a major player in the chipmaking industry, has recently experienced a significant drop in its stock price, entering what is known as “correction territory.” This decline comes after a period of impressive financial performance driven by the demand for its GPUs in artificial intelligence applications. The drop in Nvidia’s stock price can be attributed
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China’s Taiwan Affairs Office has strongly criticized the remarks made by U.S. Deputy Secretary of State Kurt Campbell regarding the AUKUS submarine project. The spokesperson for the Taiwan Affairs Office, Zhu Fenglian, described Campbell’s comments as “very dangerous” during a weekly press conference. Zhu Fenglian asserted that the trilateral security partnership between the United States,
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Toyota Motor has recently unveiled the new 2025 4Runner SUV, marking the first redesign of this iconic vehicle in nearly 15 years. The new model showcases a fresh and modern look, drawing inspiration from the recently redesigned Toyota Tacoma pickup. In addition to its updated appearance, the 2025 4Runner will also be available with a
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The e-commerce giant Alibaba Group’s shares surged in Hong Kong following Chinese media reports that Jack Ma endorsed the firm’s current leadership in an internal memo. This endorsement from Jack Ma, one of the co-founders of Alibaba, helped boost investor confidence and led to a 5.4% rally in the company’s shares to HK$74.25 – its
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The Chief Economist at Nomura Research Institute, Richard Koo, has emphasized that in order for China’s economic activity to thrive, the narrative surrounding home prices must shift to convey an upward trajectory. Business and consumer willingness to take out new loans has been lackluster at the start of the year, with home prices experiencing a
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The stock of BlackBerry surged over 9% after announcing a partnership with Advanced Micro Devices on robotics systems. This news highlights the potential for growth and innovation in the field of robotics technology. However, it is important to note that partnerships in the tech industry can be volatile, and the long-term impact of this collaboration
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