Tech Dip Buyers Lift Stocks as Oil Rally Cools: Markets Wrap Dip buyers drove technology stocks higher, with traders betting that a record-breaking rally in chipmakers has further room to run. Oil wavered after a streak of three daily gains as the Strait of Hormuz remained shut.
If construction ever resumes in the Persian Gulf, tech companies will have a new headache to deal with: Unexploded missiles and mines.
Alibaba Posts First Operating Loss Since 2021 After AI Splurge Alibaba Group Holding Ltd. posted its first operating loss since the depths of the Covid pandemic, underscoring the extent to which China’s e-commerce leader is spending on the AI initiatives it hopes will power its next phase of growth.
Orange plans to double its solar-powered base stations across Africa. CEO Christel Heydemann spoke to Bloomberg's Jennifer Zabasajja in Nairobi, Kenya. (Source: Bloomberg)
