Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users to access advanced AI capabilities like text and image understanding directly within Apple services. The move highlights intensifying U.S.-China competition in AI technology, with China promoting domestic AI development amid U.S. restrictions on chip access. Baidu's AI chip unit Kunlunxin is also eyeing a $50 billion IPO, signaling strong growth in China's AI sector.
Vanda Pharmaceuticals announced its NEREUS™ branded No. 47 car, driven by Mick Schumacher, will compete in the inaugural Freedom 250 Grand Prix on Washington D.C.'s National Mall. The race celebrates America's 250th anniversary with a 147-lap event o...
Tesla has increased its control of the U.S. electric vehicle (EV) market to 59%, marking its highest market share since 2023. This growth highlights Tesla's strong position and continued dominance in the competitive EV industry. The increased market ...
Aave's total deposits have surged to $30 billion, marking a 30% increase in Q3 2026 and signaling a recovery in liquidity for the DeFi lending platform. Active loans stand at about $10 billion, showing significant capital use within the ecosystem. Th...
The memecoin PEPE surged 61% over the past week, driven by strong buying pressure and a 123% increase in daily trading volume. Despite the impressive rally, technical indicators and a bearish swing structure on the daily chart suggest caution. The ra...
South Korea's Upbit exchange recorded a massive $830 million in trading volume within a single hour, driven mainly by XRP and TRUMP tokens. This spike follows a 273% daily volume increase on August 21, marking a rebound after months of weaker activit...
