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bubmag

Alibaba shares fall after Q4 earnings miss expectations despite AI and e-commerce growth Alibaba

Alibaba shares fall after Q4 earnings miss expectations despite AI and e-commerce growth

We “stepped on our own foot” in recent years, admits Alibaba chairman Joe Tsai. Credit: 123RF Alibaba shares dropped 7.6% on Thursday after the company missed analyst expectations for both revenue and net income in its fiscal fourth quarter, ending in March. The Chinese e-commerce giant reported revenue of RMB…
bubmag
May 16, 2025
Solaxy (SOLX) Is Exploding Fast — Here’s Why It’s the Valuable Crypto Picks Before Tier-1 Listings Hit Blockchain

Solaxy (SOLX) Is Exploding Fast — Here’s Why It’s the Valuable Crypto Picks Before Tier-1 Listings Hit

Solaxy, Solana’s Layer 2 blockchain, is on the edge of another surge. The project is close to another crucial milestone: $40 million raised in presale. But before that, another important thing will happen: Solaxy’s price will increase. The next presale stage is near, and $SOLX is ready to explode. The…
bubmag
May 16, 2025
Zeekr’s privatization will save “several billion RMB” in R&D, says Geely chief exec Geely

Zeekr’s privatization will save “several billion RMB” in R&D, says Geely chief exec

Several Lynk & Co models, including the brand's first battery EV Z10, are displayed outside a Geely factory in the northern Chinese city of Zhangjiakou. Credit: Geely/Volvo China’s Geely can save “several billion yuan” each year by taking its New York-listed subsidiary Zeekr private and “fully” integrating the luxury electric…
bubmag
May 16, 2025
DA hails reversal of controversial SETA board appointments as victory for accountability and meritocracy Meritocracy

DA hails reversal of controversial SETA board appointments as victory for accountability and meritocracy

Please enable cookies. Sorry, you have been blocked You are unable to access iol.co.za Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block…
bubmag
May 16, 2025
Humanoid robots poised to transform China’s factory floor Electric Car

Humanoid robots poised to transform China’s factory floor

A machinist debugs humanoid robots at Zhongguancun International Innovation Center, venue for the 2025 Zhongguancun Forum (ZGC Forum) Annual Conference, in Beijing, capital of China, March 27, 2025. (Xinhua/Ju Huanzong) HANGZHOU, May 16 (Xinhua) -- Inside Zeekr's humming, 5G-enabled electric car factory in the eastern Chinese city of Ningbo, a…
bubmag
May 16, 2025