big tech

Shares of Alibaba Group Holding Limited (NYSE: BABA), Tencent Holdings Limited (OTC: TCEHY), NetEase Inc. (NASDAQ: NTES), JD.Com Inc. (NASDAQ: JD), Baidu Inc. (NASDAQ: BIDU), Li Auto Inc. (NASDAQ: LI) and Xpeng Inc. (NYSE: XPEV) are all trading notably higher in Hong Kong on Friday. What...

The Qraft AI-Enhanced US Large Cap Momentum ETF (NYSE: AMOM), an exchange-traded fund driven by artificial intelligence, bought into Amazon.com Inc. (NASDAQ: AMZN), Facebook Inc. (NASDAQ: FB), Nvidia Corp. (NASDAQ: NVDA) and Adobe Inc. (NASDAQ: ADBE) in August. What Happened: The ETF...

Amazon.com, Inc (NASDAQ: AMZN) on Wednesday alleged that Elon Musk-led SpaceX and Tesla Inc (NASDAQ: TSLA) have made their views plain — “rules are for other people.” What Happened: Amazon subsidiary Kuiper Systems LLC’s Lead Counsel Andrew Keisner came down heavily on Musk...

Shares of Alibaba Group Holding Limited (NYSE: BABA), Tencent Holdings Limited (OTC: TCEHY), NetEase Inc. (NASDAQ: NTES), JD.Com Inc. (NASDAQ: JD),  Baidu Inc. (NASDAQ: BIDU), Li Auto Inc. (NASDAQ: LI) and Xpeng Inc. (NYSE: XPEV) are all trading notably lower in Hong Kong on Thursday. What...

Apple Inc (NASDAQ: AAPL) has taken small steps but not done enough to address the antitrust concerns amid rising global scrutiny, Senator Amy Klobuchar (D-Minn) told Bloomberg on Wednesday. What Happened: Unconvinced with Apple’s steps, the U.S. lawmakers are moving forward with...

Microsoft Corp (NASDAQ: MSFT) said on Tuesday it has acquired video editing software startup Clipchamp, but didn't disclose the terms of the deal. What Happened: Clipchamp, which caters to both individual and corporate workers, has over 17 million registered users with adoption at over 390...

Apple Inc (NASDAQ: AAPL)-focused journalist Mark Gurman said on Twitter that the “currently unavailable” and shipping delay statuses on product listings of the entry-level iPad are an indication that new ones are coming soon. What Happened: Gurman also said that Apple has instructed...

Shares of Alibaba Group Holding Limited (NYSE: BABA), JD.com Inc. (NASDAQ: JD), Tencent Holdings Limited (OTC: TCEHY), Baidu Inc. (NASDAQ: BIDU), Li Auto Inc. (NASDAQ: LI) and Xpeng Inc. (NYSE: XPEV) are all rising in Hong Kong on Wednesday. What’s Moving: Chinese e-commerce giant Alibaba...

Tesla Inc (NASDAQ: TSLA) and Apple Inc (NASDAQ: AAPL) customers are “losing out” as the two companies emerge as ever potent rivals, as per technology analyst Mark Gurman. What Happened: Gurman made his observations in the latest edition of his newsletter, noting that both the Tim Cook...

Silicon Valley is now seeing the consequences of its excessive focus on “software” over the past few decades that deemed “hardware” out of fashion in the wake of the global semiconductor shortage, Glenn O’Donnell, research director at Forrester told CNBC...

Cathie Wood-led money managing firm Ark Invest on Friday shed all of its exposure in Chinese e-commerce biggie Alibaba Group Holding (NYSE: BABA) while continuing to snap up shares in rival JD.Com Inc (NASDAQ: JD). The investment firm held less than 100 shares in the U.S.-listed company ahead of...

Apple Inc’s (NASDAQ: AAPL) satellite-based feature for emergency situations will not be available on the highly-anticipated iPhone 13 at the time of launch, as per Bloomberg's Mark Gurman.  What Happened: In his latest weekly technology newsletter Power On, Gurman said the...

Shares of Alibaba Group Holding Limited (NYSE: BABA), Baidu Inc. (NASDAQ: BIDU), JD.com Inc. (NASDAQ: JD), Tencent Holdings Limited (OTC: TCEHY), Xpeng Inc. (NYSE: XPEV) and Li Auto Inc. (NASDAQ: LI) are all rising in Hong Kong on Tuesday. What’s Moving: Chinese e-commerce giant Alibaba...

After Apple Inc. (NASDAQ: AAPL) said it will allow app developers such as Netflix Inc. (NASDAQ: NFLX) and Spotify Technology S.A. (NYSE: SPOT) to process payments outside its App Store, Loup Ventures analyst Gene Munster waded into the debate on whether Apple users will continue to transact in...

Shares of Alibaba Group Holding Limited (NYSE: BABA), Baidu Inc. (NASDAQ: BIDU), JD.com Inc. (NASDAQ: JD), Tencent Holdings Limited (OTC: TCEHY), Li Auto Inc. (NASDAQ: LI) and Xpeng Inc. (NYSE: XPEV) are all trading lower in Hong Kong on Fridayr. What’s Moving: Chinese e-commerce giant...