China Slams the West for De-Risking Strategy: WEF Updates

Chinese Premier Li Qiang said the idea of reducing dependency on China is a forced proposition. Li said companies — not governments or organizations — should have the freedom to assess risks. The US-China trade war has impacted manufacturing exports,…

China Kicks Off World Economic Forum’s Summer Davos

The Chinese city of Tianjin is hosting the World Economic Forum’s “Summer Davos.” Chinese Premier Li Qiang opened the conference, acknowledging global challenges and warning about future public health crises. Saudi Arabia has sent a top delegation to the event,…

AI Gold Rush Could Spark 15% Tech Stock Rally: Wedbush

The wave of spending on artificial intelligence could spark a 15% rally for tech stocks, Wedbush said. Analysts predicted that tech firms could shell out as much as $800 billion for AI ventures. “We view this as a ‘1995 Internet…