Many Chinese stocks are finally regaining momentum after setbacks caused by regulatory and economic headwinds last year. Many of these stocks' financials and revenue shakiness have turned some investors off.
Global stocks are surging. The MSCI ACWI Index, which encompasses both developed and emerging markets, reached another all-time high, continuing its record-breaking streak.
Finding stocks that can double your money in a period of only five years may sound like a tall order. However, it's quite a reasonable goal, and achievable if you play your cards right (and have some luck).
Robin Li, the CEO of Baidu, one of China's biggest technology firms, said artificial intelligence that is smarter than humans, or AGI, is more than 10 years away. Artificial general intelligence, or AGI, is braodly a term that relates to AI that is as smart or smarter than humans.
Fund Manager for Scion Asset Management and notorious subject of The Big Short, Michael Burry recently released his 13F filing for the first quarter. Surprisingly, Chinese stocks made up more than 20% of his total holdings after some notable investments.
The next phase of technology has been established: machine learning and AI will revolutionize the world for the better. Although it might seem like these stocks are trading in a bubble, investors need to keep a discerning and keen long-term vision for these disruptive, emerging technologies.
Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-language models (LLMs) used to power generative artificial intelligence products, as a price war in the cloud computing sector heats up in China.
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