Baidu Launches Major Layoffs Amid AI Competition and Revenue Decline
China's tech giant Baidu cuts jobs across multiple units as it battles AI competition and falling ad revenue, while protecting AI and cloud roles.
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Chinese AI Giants Bypass US Chip Restrictions Through Overseas Training
Chinese tech companies like Alibaba and ByteDance are training AI models in Southeast Asia to access Nvidia chips, circumventing US export controls while remaining legally compliant.
HeartBeam Pursues Multiple Paths After FDA Setback
HeartBeam responds to FDA's NSE decision on its 12-lead ECG software with appeal plans and labeling modifications to advance heart monitoring technology.
Pentagon Identifies 8 Chinese Tech Giants for Military Watchlist
Pentagon recommends adding Alibaba, Baidu, BYD and 5 other Chinese tech firms to military companies list, raising concerns for US investors despite recent Trump-Xi trade agreement.
Clear Street Maintains Buy on Nuvation Bio Despite Pipeline Adjustment
Clear Street keeps $12 price target on NUVB after NUV-1511 discontinuation, citing blockbuster potential for IBTROZI and safusidenib programs.
Beyond Meat Stock Surges on Heavy Call Options Trading Activity
Beyond Meat shares jump as traders pile into call options, with over 200,000 contracts traded. The stock shows renewed speculative interest despite recent declines.