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China’s Xiaomi unveils its first EV as it looks to compete with Porsche, Tesla

BEIJING — Chinese consumer electronics company Xiaomi on Thursday detailed plans to enter China’s oversaturated electric vehicle market and compete…

GPT and other AI models can’t analyze an SEC filing, researchers find

Large language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities…

Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk

It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large…

China consumption shows ‘no sign’ of a strong V-shaped recovery, McKinsey says

BEIJING — China’s consumer isn’t going to be spending big anytime soon, which means companies need to be more strategic…

Stock trading platform Robinhood to launch in UK after two failed attempts

Online investments app Robinhood said Thursday that it’s set to launch its platform in the U.K. in early 2024, marking…