Pictured here is the Ernie bot mobile interface, with the Baidu search engine home page in the background.Future Publishing | Future Publishing | Getty ImagesChinese tech giant Baidu has bolstered its core search platform with artificial intelligence in the biggest overhaul of the product in 10 years.Analysts told CNBC the move was a bid to keep ahead of fast-moving rivals like DeepSeek, rather than traditional search players.”There has been some small pressure on the search business but the focus on AI and Ernie Bot is a key move ahead,” Dan Ives, global head of tech research at Wedbush Securities, told…
Author: usaeverydaylife
People stand in front of an Apple store in Beijing, China, on April 9, 2025.Tingshu Wang | ReutersApple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said, as the tech giant looks to turnaround its business in one of its most critical markets.Sales of iPhones in China jumped 8% year-on-year in the three months to the end of June, according to Counterpoint Research. It’s the first time Apple has recorded growth in China since the second quarter of 2023.Apple’s performance was boosted by promotions in May as…
Workers at a Thai Son S.P. Co. garment factory endeavor to produce products for global clients, in Thu Duc, Ho Chi Minh, Vietnam, on June 21, 2025.Daniel Ceng | Anadolu | Getty ImagesGlobal attention turned to Vietnam on Thursday, after U.S. President Donald Trump announced a trade deal with Hanoi just days before Washington’s reciprocal tariffs come back in full force.Under the agreement, the U.S. will apply a 20% duty on Vietnamese imports — sharply below the 46% rate Trump had imposed in early April. U.S. imports to Vietnam will meanwhile not be subject to tariffs.Trump also said that Vietnam…
As the second half of the year kicks off, BTIG’s list of recommended stock picks could win big. The first half of 2025 was marred by raging volatility resulting from President Donald Trump’s universal tariff policies and armed conflict in the Middle East. But stocks have more than made up for heightened uncertainty, with the S & P 500 bouncing back more than 20% from the April low to reach three all-time highs in the past four sessions. Goldman Sachs noted that this marked the index’s fastest recovery ever from a decline of more than 15%. Now Goldman is optimistic…
Investors may find “boring” stocks a safer bet heading into the second half of the year, according to Jeff Kilburg, founder and CEO of KKM Financial. Markets were plagued by heightened volatility at the end of the first quarter and the start of the second, as fear and uncertainty stemming from President Donald Trump’s trade war spread. Stocks reached their lows of the year in early April, shortly after Trump announced his universal tariff policies. While stocks have recovered their losses since then — with the S & P 500 closing Wednesday 25% above its April closing low — Kilburg…
CNBC’s Jim Cramer offered his take on healthcare company Centene and explained why he thinks the stock plummeted on Wednesday, telling investors to stay away from the sector as a whole.”Given this news from Centene, I think the whole managed care industry is borderline un-investable right now,” he said. “And, unfortunately, things will get worse for this sector before they get better, so I just can’t justify telling you to own these stocks right now, even after they’ve already come down so dramatically.”Centene primarily provides healthcare exchanges for government programs like Medicaid and Medicare. Shares fell after it unexpectedly withdrew its full-year…
The updated Chase Sapphire Reserve® (see rates and fees) has received a lot of attention — its new $795 annual fee makes it one of the most expensive premium credit cards on the market.But what’s also drawing eyes is the card’s generous welcome bonus: For a limited time, new cardholders can earn 100,000 points and a $500 Chase Travel℠ credit after spending $5,000 in the first three months.Here’s why we’re loving the bonus.SpotlightGet more than $2,700 in annual value with Sapphire Reserve.Earn 100,000 bonus points + $500 Chase TravelSM promo creditOur expert takeThe Chase Sapphire Reserve® is a standout premium credit…
Among the myriad details stuffed within U.S. President Donald Trump’s bumper “big beautiful bill,” European investors have been keeping an eye on one in particular — renewable energy policy. Shares of the region’s wind power firms gained on Wednesday after Senate lawmarkers narrowly approved a heavily amended version of the package . The move higher continued Thursday as the U.S. House began a final debate on the megabill — after a dramatic night of voting that was nearly derailed by Republican defections. Turbine manufacturer Vestas was 3.4% higher in early trade Thursday after gaining more than 10% in the previous…
Speaker of the House Mike Johnson, R-La., talks with the media after the House Republican Conference meeting on a plan to fund the government and avert a shutdown in the U.S. Capitol on Friday, December 20, 2024.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesThe Republican-controlled U.S. House on Thursday advanced U.S. President Donald Trump’s tax and spending megabill, after a dramatic night of voting that was nearly derailed by Republican defections.The House voted 219-213 to move the bill forward.The step to begin final debate marks a win for Republican leadership seeking to deliver on Trump’s second term policy agenda. After…
Britain’s Chancellor of the Exchequer Rachel Reeves and Britain’s Defence Secretary John Healey visit Wellington Barracks, in central London, on March 26, 2025.Stefan Rousseau | Afp | Getty ImagesAll eyes are now on the U.K.’s ruling Labour Party for any sign of further political fractures that could rattle Britain’s economic stability, after the extraordinary sight of the country’s finance minister crying in parliament on Wednesday.U.K. bond yields spiked and the pound sank against the dollar and euro as Prime Minister Keir Starmer failed to back Chancellor Rachel Reeves during a question and answer session in the House of Commons. Tears…
