(Bloomberg) — Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research. Most Read from Bloomberg China’s internet search company, generally regarded as a leader in the country’s burgeoning AI arena, rallied the most […]
(Bloomberg) — Asian stocks were dragged lower by losses in Hong Kong and China shares amid concern over tighter regulation on the gaming industry and fears the Chinese government’s efforts to bolster the economy are insufficient. The dollar strengthened. Most Read from Bloomberg The Hang Seng Tech Index slid as much as 3.3%, putting it […]
* FedEx falls on dour annual revenue forecast * General Mills slips after annual sales forecast cut * Alphabet up as report says Google to restructure ad sales unit * Indexes down: Dow 1.27%, S&P 1.47%, Nasdaq 1.50% (Updates with closing prices) By Stephen Culp NEW YORK, Dec 20 (Reuters) – U.S. stocks closed lower […]