Li_Dan
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China Confirms Chinese and U.S. Officials Clinches a Framework Agreement on TikTok in Their Talks in SpainChina's determination to safeguard its legitimate rights and interests is unwavering, and Beijing will resolutely protect the national interests and the legitimate rights and interests of Chinese-funded enterprises overseas, the vice?premier He Lifeng told U.S. counterparts.
OpenAI To Give a $100 Billion Stake to Nonprofit Parent as Tentative Deal with Microsoft Sets the Stage for RestructureOpenAI Chairman said the startup will continue?to be held by?the nonprofit parent?that guides its?future, and will give the parent?an?equity?stake of more than $100 billion,?"making it one of the most well-resourced philanthropic organizations in the world."
China Vows "Necessary Measures" if Mexico Hikes Tariffs to Up to 50%Mexico is planning?to raise import taxes on more than 1,400 goods?from Asian?countries?that do not have trade deals with Mexico. The Economy Ministry said tariffs will rise on textiles, steel, cars and another goods, affecting $52 billion in imports.
Broadcom Shares Gain Nearly 10% as CEO Sees AI Revenue Tops $120 Billion in 2030Broadcom CEO Hock Tan said the company's?AI?revenue will surpass?a?combination of both non-AI and software?in?one or two years. Thanks to the $10 billion worth of custom AI chip orders from a new customer secured, Broadcom's outlook for fiscal 2026?will improve?"significantly" from the previous indicated last quarter, according to Tan.
Oracle Stock Rockets 36% to Best Day Since 1992 on Rosy Cloud Business Outlook Driven by AIOracle's Remaining Performance Obligations (RPO) for its first fiscal quarter soared 359% from a year ago to $455?billion as it signed four multi-billion-dollar contracts with three different customers that quarter. The company anticipated?revenue?from its?cloud?infrastructure?to grow 77% to $18 billion this fiscal year, and then increase to $32 billion the next year.
Trump Shows Confidence in Trade Talks after Modi Calls U.S. Close FriendTrump said he looks?forward to speak with his "very good friend"--Indian Prime Minister Narendra?Modi?in the next weeks, and confirmed his administration will continue negotiations with India to address?bilateral trade?barriers.
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