WS #12194
Alibaba is partnering with Apple to integrate Qwen AI into iPhones in China, securing local AI approval and market access for Apple. TSMC reported record profits but capex surged past $60B, causing stock to trade down as investors worry about spending discipline. Uber announced a ~$14.8B takeover offer for Delivery Hero, expanding to 99 markets. Seoul triples cash requirements for leveraged Samsung and SK Hynix ETFs after 24 emergency trading halts in nine weeks, signaling extreme volatility in Korean tech.
Apple-Alibaba AI Partnership in China
Alibaba is partnering with Apple to integrate Qwen AI into iPhones in China, securing local AI approval and market access for Apple.
TSMC reported record profits but capex surged past $60B, causing stock to trade down as investors worry about spending discipline.
Uber announced a ~$14.8B takeover offer for Delivery Hero, expanding to 99 markets.
Seoul triples cash requirements for leveraged Samsung and SK Hynix ETFs after 24 emergency trading halts in nine weeks, signaling extreme volatility in Korean tech.