World Business News
Shanghai’s US$13.8 billion fund of funds to boost AI, semiconductor firms
Shanghai planning US$13.8 billion fund of funds in pursuit of ‘several world-class industry clusters’, with eye on AI, biotech and semiconductorsShanghai, mainland China’s commercial and [more]
This new SUV’s stereo lets you make phone calls your passengers can’t hear | CNN Business
New York CNN — It can be awkward to take a phone call while you’re driving and your family is in the car with you. [more]
The home insurance market is crumbling. These owners are paying the price | CNN Business
New York CNN — The home insurance market is crumbling in New Orleans, leaving Alfredo Herrera with few options for coverage — and skyrocketing insurance [more]
Love Chipotle Mexican Grill and Cava? This Small Restaurant Stock Might Have Higher Long-Term Upside @themotleyfool #stocks $KRUS $CMG $CAVA
Chipotle Mexican Grill (CMG -0.57%) is a restaurant chain specializing in burritos that now has over 3,400 locations. For its part, Mediterranean chain Cava Group [more]
Nvidia, Microsoft, and Alphabet Are Top Positions in This Magnificent ETF. Here’s Why It’s a Buy Now. @themotleyfool #stocks $CHAT
Artificial intelligence (AI) could transform the economy by completing tasks humans can't, and by making existing workers more productive. Goldman Sachs believes the technology will [more]
Is Costco Wholesale Planning a Stock Split? 1 Thing Management Might Be Waiting For @themotleyfool #stocks $COST
Stock splits often happen when a stock's price gets high enough that management feels inclined to lower it to make it more accessible to a [more]
The Best Warren Buffett Stocks to Buy With $300 Right Now @themotleyfool #stocks $CVX $LEN $OXY
You don't need billions of dollars to invest like Warren Buffett. The Oracle of Omaha started with a relatively modest amount to invest decades ago.A [more]
Billionaire David Tepper Is Loading Up on These Artificial Intelligence (AI) Stocks — and Nvidia Isn’t One of Them @themotleyfool #stocks $AMZN $ORCL $BABA
David Tepper knows how to make money. His net worth of $20.6 billion could be Exhibit A. The billionaire investor shrewdly initiated a big position [more]
1 Unstoppable Cryptocurrency With 5,300% Upside by 2030, According to Cathie Wood @themotleyfool #stocks $BTC $MSFT
Cathie Wood is the head of Ark Investment Management, which operates 14 exchange-traded funds (ETFs) focused on technological innovations. They include everything from artificial intelligence [more]
Beat the S&P 500 With This Cash-Gushing Dividend Stock @themotleyfool #stocks $NEE
NextEra Energy (NEE 0.19%) isn't your average utility stock. Most utilities tend to be slower-growing companies known more for paying higher-yielding dividends. As a result, [more]
Chinese education giant XJ faces winding up petition after US$324m bond default
Chinese education giant XJ International hit with winding up petition after defaulting on US$324 million bondOne of China’s largest private education operators, XJ International, formerly [more]
The Single Best Artificial Intelligence (AI) Software Stock to Buy, According to a Wall Street Analyst — No, It’s Not Nvidia @themotleyfool #stocks $DDOG $JPM $MS $NVDA $IT $FORR
Nvidia shares have rocketed 255% over the past year, propelled higher by the enthusiasm surrounding artificial intelligence (AI). However, the company currently earns most of [more]
Huawei posts rebound in sales for 2023, driven by popularity of Mate 60 phones
Huawei posts 9.63% rebound in sales for 2023, driven by popularity of Mate 60 series 5G smartphones that defied US sanctionsHuawei Technologies reported a rebound [more]
Is This Healthcare Stock a Screaming Buy After Scoring a Huge Drug Approval? @themotleyfool #stocks $MDGL
If there's one thing that can quickly send a healthcare stock soaring, it's the approval of a key drug. Not only can that give investors [more]
Warren Buffett Is Raking In $4.36 Billion in Annual Dividend Income From These 5 Stocks @themotleyfool #stocks $BAC $BRK.A $BRK.B $AAPL $KO $CVX $OXY
For nearly 60 years, Berkshire Hathaway (BRK.A 0.77%) (BRK.B 0.86%) CEO Warren Buffett has been dazzling professional and everyday investors with outsize investment returns. Whereas [more]
Up 35% After Its IPO, Is Reddit the Next Red-Hot Artificial Intelligence Stock? @themotleyfool #stocks $RDDT
Reddit (RDDT -14.60%) launched its initial public offering (IPO) on March 21, and the stock has soared out of the gate. The company listed its [more]
Huawei says 2023 net profit doubled despite U.S. crackdown
TAIPEI -- China's Huawei Technologies said on Friday its net profit more than doubled in 2023, with revenue in all business segments rising on the [more]
Could R2 Make Rivian Profitable in 2026? @themotleyfool #stocks $RIVN
Electric car stocks took a beating on March 14 after reports surfaced that Fisker may be closer to preparing for bankruptcy. The news came less [more]
2 iShares ETFs That Could Help You Retire a Millionaire @themotleyfool #stocks $IVV $AGG
Some investors derive pleasure from picking individual stocks, others find the entire process of buying specific stocks a bit overwhelming. But investing doesn't have to [more]
Hong Kong cultivated seafood start-up CEO on expansion plans, sustainability
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Hong Kong’s Avant Meats to raise funds, increase lab-grown seafood production
Hong Kong cultivated seafood start-up Avant Meats seeks funds to expand Singapore pilot plant to grow groupers, snappers, eel meat from cellsAvant Meats, a cultivated [more]
Japan’s Kobayashi Pharma yet to find cause of supplement deaths
Kobayashi Pharmaceutical President Akihiro Kobayashi, center, apologizes for the supplement scandal at a news conference on March 29. (Photo by Yo Inoue) | TOKYO (Kyodo) [more]
PE firm Capsquare Asia said to be eyeing full exit from IDX-listed Champ Group
Indonesia-focused private equity (PE) firm Capsquare Asia Partners is eyeing a full exit from PT Champ Resto Indonesia (Champ Group), an IDX-listed restaurant chain operator [more]
HSBC completes sale of Canadian unit to RBC
HSBC Holdings said it completed the sale of its Canadian unit, HSBC Bank Canada, to Royal Bank of Canada (RBC) on Thursday. Read More