Check out the companies making headlines before the bell. China stocks – U.S.-listed shares of Chinese companies fell after China's state planner Zheng Shanjie failed to announce any new economic stimulus plans . Online video company Bilibili tumbled more than 13%, while automaker Nio and Temu parent PDD each fell more than 9%. E-commerce companies JD.com and Alibaba also fell nearly 9% and 7%, respectively.
Nvidia – The dominant maker of chips powering artificial intelligence applications moved up nearly 2% following Foxconn chairman Young Liu's comments that the boom in artificial intelligence "still has some time to go." Liu said that demand for Foxconn servers based on Nvidia's upcoming Blackwell chip – which are on track to ship this quarter – is "much better than we thought.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »