Business

  • U.S. Bancorp tests its own stablecoin as Wall Street races into tokenized finance

  • Alibaba AI-cloud growth hits 34%: Chinese retail division finally rebounds

  • Ant Group profit climbs 10% as Jack Ma leans into AI and overseas markets

  • Crypto’s Galaxy Digital wants to be a liquidity provider for prediction markets

  • Google partners with Meta to launch homegrown AI silicon, leaving Nvidia investors on edge

  • Germany’s BMW taps range-extender EVs as a rethink for China growth plan

  • State-backed MGX set for $1B boost from Abu Dhabi asset manager Lunate

  • Ubisoft gains 15% as Tencent invests $1.3B in gaming tech unit

  • Thailand’s top crypto exchange Bitkub plans $200 million Hong Kong IPO

  • Strike CEO Jack Mallers cut off by JPMorgan, renewing fears of crypto ‘black‑out’ by banks

  • Wall Street enters holiday stretch debating whether AI trade still has fuel

  • Meta becomes electricity broker to secure power for its AI data centers

  • Berlin claims over 70% of Germany’s $45 million blockchain investments

  • Cathie Wood’s Ark Invest breaks hiatus and picks up Nvidia stock anew

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  • Polymarket and Kalshi broaden reach into web3 and international venues

  • Ray Dalio says he is a tad bullish on Bitcoin and a tad bearish on AI

  • Alphabet’s market multiple looks increasingly out of sync with fundamentals

  • Oracle’s AI cloud ambitions hit reality wall as debt climbs past $100 billion, stock market turns on Larry El

  • Standard Chartered leverages AI to slash dozens of legacy systems

  • Investors flee corporate bonds as AI infrastructure borrowing spikes

  • TikTok’s ByteDance now worth $480 billion after block of shares trades in auction

  • Singapore’s SGX partners with Nasdaq to boost equity markets through dual listings