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AI Adoption Soars Among High Earners as China Court Restricts AI Layoffs

Artificial intelligence adoption is sharply rising among high-income professionals in the United States while a Chinese court ruling restricts AI-based layoffs. Data from a...

Apple Q2 Earnings Beat Expectations, Driven by iPhone 17 and China Surge

Apple's Q2 2026 earnings exceeded Wall Street estimates, with EPS of $2.01 and revenue of $111.2 billion. Strong iPhone 17 sales, a robust Services...

Apple Defies China Competition: iPhone Shipments Surge 20% in Q1 2026

Apple's iPhone shipments to China surged 20% in Q1 2026 despite supply disruptions and component price increases. According to Counterpoint Research, this growth came...

Circle’s CEO Sees Yuan Stablecoin Emerging Within Years Despite China’s Ban

Circle CEO Jeremy Allaire predicts a yuan-backed stablecoin could emerge within three to five years, despite China's ban on unauthorized tokens. Speaking in Hong...

ASML Shares Drop as China Export Bans Shrink Key Market

ASML stock fell over 5% as new export bans impacted its sales in China. The semiconductor equipment maker reported its China segment shrank as...

JP Morgan Bearish on Tesla (TSLA): Sees Stock Crashing 60% Amid China Woes

Leading investment bank JP Morgan has issued a stark warning on Tesla stock, downgrading it to 'Underweight' and predicting a potential 60% decline from...

China Orders Apple to Remove Jack Dorsey’s Bitchat From App Store

Chinese regulators have ordered Apple to remove Bitchat, the decentralized messaging app created by Jack Dorsey, from its China App Store. The app, which...

Jack Dorsey’s Bitchat App Removed From China’s App Store for Regulation Breach

Bitchat, a decentralized messaging app developed by Block CEO Jack Dorsey, has been removed from Apple's App Store in China. The removal followed a...

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