Alibaba's Quarterly Profitability Still Under Pressure
Alibaba Group's profitability remained under pressure as the Chinese tech giant continues to invest heavily in artificial intelligence and fend off intense competition in the food-delivery space.
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Meta Offers Rival AI Chatbots Free Access to WhatsApp During EU Competition Probe
The company is looking to avoid a potential fine from the bloc's regulator, which has launched an investigation into a possible breach of antitrust rules.
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SoftBank Quadruples Profit on $44 Billion in OpenAI Valuation Gains
The Japanese company has issued debt, sold stakes and borrowed to fund bold AI investments.
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Tencent's Core Businesses Help Cushion Burden of Intensified AI Push
Tencent Holdings extended its streak of double-digit profit growth in the first quarter.
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Nvidia CEO Huang Boards Trump's Plane to China After All. What It Means for the Stock.
Nvidia stock could get a boost if President Donald Trump's summit leads to large-scale sales of chips to Chinese customers.
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Nissan Motor Projects Annual Profit After Series of Restructuring Moves
The Japanese carmaker projected it would swing back to net profit in the current fiscal year after reporting its seventh straight quarterly loss.
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Samsung Management, Union Fail to Reach Deal to Avoid Strike
Samsung Electronics' talks with its labor union failed to reach an agreement over how the company's massive profits are distributed, raising the likelihood of a strike next week.
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Siemens Launches New $7 Billion Share Buyback Program
The industrial giant launched the buyback program of up to five years as it posted higher second-quarter revenue in its industrial businesses.
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Germany's Merck KGaA Shares Jump After Guidance Lift
The company raised its full-year sales and earnings guidance, citing strong momentum in its life-sciences business.
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Hapag-Lloyd Cautions on Higher Costs From Middle East Fallout
The world's fifth-largest container line by capacity maintained its guidance for the year, but warned the conflict was increasing costs.
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Deutsche Telekom Lifts Full-Year Guidance
The company reported lower net profit in the first quarter, but raised its full-year expectations following an outlook increase from its U.S. subsidiary.
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China's 'Two Billion Feet' Are Suddenly Running From Nike
Quick-moving domestic athletic brands are now able to match American quality and cachet in the hypercompetitive and increasingly nationalistic market.
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Walmart Lays Off or Relocates About 1,000 Corporate Workers
The retailer is cutting positions as it combines more of its global-tech and product teams.
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JBS Profit Slides Amid Rising Cattle Costs
The Brazilian meatpacking conglomerate posted a first-quarter profit of $220.6 million, down from $500.2 million a year earlier.
(END) Dow Jones Newswires
May 13, 2026 07:00 ET (11:00 GMT)
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