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The worst is over, but it's not time for Meituan to be happy yet?

The worst is over, but it's not time for Meituan to be happy yet?

Meituan returned to profitability in the second quarter, but structural changes in the competitive landscape make it difficult for its profit margin to return to its former high. According to the trading platform, Barclays maintained its "underweight" rating and $10 target price for Meituan in its latest report,

The US unveiled a debt resolution plan at the G20: Bessant and Warsh jointly called for "growth as the only way out of the predicament."

The US unveiled a debt resolution plan at the G20: Bessant and Warsh jointly called for "growth as the only way out of the predicament."

On August 31, the G20 Finance Ministers and Central Bank Governors Meeting opened in Asheville, North Carolina, USA. U.S. Treasury Secretary Bessenter and Federal Reserve Chairman Warsh appeared together to describe the narrative of "debt reduction through growth". Before the conference opened, Bessant told reporters bluntly, "

Nvidia acts as matchmaker, helping Anthropic reach a $35 billion computing power agreement with AI cloud provider Lamda.

Nvidia acts as matchmaker, helping Anthropic reach a $35 billion computing power agreement with AI cloud provider Lamda.

The battle for computing power continues to intensify, and Nvidia's role has long surpassed that of a chip supplier. According to a Wall Street Journal report on August 31, sources familiar with the matter revealed that AI startup Anthropic has signed a $35 billion cloud computing deal with

Apple's lawsuit against OpenAI uncovers new evidence: a former engineer stole circuit diagrams and instructed colleagues to destroy evidence.

Apple's lawsuit against OpenAI uncovers new evidence: a former engineer stole circuit diagrams and instructed colleagues to destroy evidence.

The legal battle between Apple and OpenAI continues to escalate. In its latest court filings, Apple accuses OpenAI of actively destroying key evidence, turning this commercial battle over AI hardware into a fierce confrontation involving evidence-gathering procedures. According to Bloomberg, Apple filed a lawsuit with the court on Monday alleging

Amazon is being sued by the FTC and 22 states for allegedly manipulating ad bidding and collecting over $20 billion from advertisers over five years.

Amazon is being sued by the FTC and 22 states for allegedly manipulating ad bidding and collecting over $20 billion from advertisers over five years.

The U.S. Federal Trade Commission (FTC), along with attorneys general from 22 states, filed a lawsuit against Amazon, accusing the e-commerce giant of systematically overcharging advertisers by more than $20 billion since 2019. This is the latest in a series of legal battles between Amazon and the FTC, placing

Emerging market stocks experienced their strongest August since 2004, with a depreciating dollar driving capital flows.

Emerging market stocks experienced their strongest August since 2004, with a depreciating dollar driving capital flows.

Emerging market stocks are recording their best August performance in over two decades, boosted by a weaker dollar and the spread of the artificial intelligence boom. However, as the month draws to a close, escalating tensions in the Middle East and renewed expectations of a Federal Reserve rate hike have

The dollar fell for two consecutive months as the U.S. Treasury's buyback program forced out speculative bulls, and Warsh's hawkish stance only yielded a one-day rebound.

The dollar fell for two consecutive months as the U.S. Treasury's buyback program forced out speculative bulls, and Warsh's hawkish stance only yielded a one-day rebound.

The dollar continued its decline in August, marking its second consecutive monthly drop, amid a mix of signals from the Federal Reserve reiterating its commitment to combating inflation and the U.S. Treasury accelerating its bond buyback program. In August, U.S. Treasury Secretary Bessant unexpectedly announced an expansion of