Nvidia Shares Plunge 7% Amid $5.5B Export Loss Warning to China
Nvidia's shares dropped over 7% after announcing a $5.5 billion loss due to US export restrictions on high-end chips to China, including the H20, as revealed in an SEC filing.
China market News
Porsche Faces 8% Sales Dip in Q1 2025, Yet Electrified Vehicles Shine
Porsche AG's Q1 2025 sales fell by 8% to 71,470 vehicles, with significant drops in China and Germany. However, North America saw a 37% increase, and electrified vehicles now make ...
Tesla's Stock Plummets 14%: A Deep Dive into the Market Turbulence
Tesla Inc.'s shares tumbled over 14%, marking its largest single-day fall since January 2023, largely due to a 49.2% sales drop in China and comments on Elon Musk's political activ...
Apple Partners with Alibaba Over DeepSeek for AI Development in China, Signaling Strategic Compliance
Apple Inc. has chosen Alibaba over DeepSeek for developing AI features in China, aiming to comply with local regulations and boost sales. Alibaba's extensive consumer data played a...
Vietnam's Fruit and Vegetable Exports Soar to Record $7.2 Billion
Vietnam's fruit and vegetable exports hit a record $7.2 billion, driven by successful market entries and off-season cultivation techniques. Key fruits like pomelos and passion frui...
