Alibaba Cloud cuts the price of AI models by 85%
This price reduction by Alibaba Cloud is the third price reduction for artificial intelligence services in 2024.
MobiKwik's share price rose 12.57%, with a market value of US$494 million
Approximately 28.55 million shares were traded, giving the company a market capitalization of US$494.04 million.
Amazon says it requires Chinese sellers not to price lower than Temu
Sellers who found products at lower prices on Temu reportedly lost eligibility for the Amazon program.
Artificial intelligence drives up stock price, Apple’s valuation is close to 4 tons
Apple's shares have risen about 16% since November.
TSMC’s U.S. stock price premium hits a two-month high of 25%
As of Friday's close, TMSC's U.S. shares were trading at a premium of 24.6%, beating the quarter's daily average of 19%.
Tencent stock price rises 3.5% after WeChat gift-sending function updated
WeChat’s new gift-giving function does not include jewelry and educational services.
Bitcoin price drops 5% as Fed rejects reserve idea
Chairman Powell stressed that any decision on such measures would be decided by the U.S. Congress.
Nvidia stock price enters correction, Broadcom faces decline
Despite the volatility, Nvidia shares are up more than 160% year to date, while Broadcom shares are up more than 120%.
Trump proposes establishing national Bitcoin reserve, Bitcoin price hits record high
Trump’s idea for a Bitcoin reserve is aimed at strengthening the country’s global leadership in cryptocurrencies.
ID Logistics Company Pushes Price Floor
In this week's The Checkout, we discuss whether the price floor required by Indonesia's 3PL industry is reasonable, and Flipkart's upcoming IPO in India.