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U.S. Treasury Secretary Bessent said he expects 2026 tariff receipts to be similar to 2025.
2026-08-20
U.S. Treasury Secretary Bessent said he expects 2026 tariff receipts to be similar to 2025.
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2026-08-20
Alibaba (09988.HK) reported quarterly results for the period ended June 30, 2026. AI cloud and compute services revenue was RMB 48.437 bln. Total revenue and external-customer revenue both accelerated to 45% YoY. AI-related product revenue reached RM
Alibaba (09988.HK) reported quarterly results for the period ended June 30, 2026. AI cloud and compute services revenue was RMB 48.437 bln. Total revenue and external-customer revenue both accelerated to 45% YoY. AI-related product revenue reached RMB 12.376 bln, marking a twelfth consecutive quarter of triple-digit YoY growth. Company cited rising adoption of its full-stack AI capabilities — AI agents, models, AI cloud infrastructure and orchestration software for heterogeneous chip clusters, including in-house chips — as the growth driver. Omdia’s 2025 China AI cloud market-share report shows Alibaba Cloud with a 38.1% share, the largest in China.
2026-08-20
The Baltic Dry Index rose 0.54% to 2791 points.
The Baltic Dry Index rose 0.54% to 2791 points.
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