Stocks on China's mainland have shed about $2.4 trillion since May as investors doubt AI companies can turn a profit, while U.S. restrictions and high U.S. interest rates add pressure.
China's Stock Market Has Lost $2.4 Trillion as Investors Doubt Its AI Boom Will Ever Pay Off
Stocks on China's mainland have shed about $2.4 trillion since May as investors doubt AI companies can turn a profit, while U.S. restrictions and high U.S.…
Some links on this page are affiliate links. We may earn a commission if you sign up, at no extra cost to you.
AI summary
Related news
Galaxy Digital Shares Rise Following $323M Q3 Profit, New $200M Buyback Plan
Galaxy Digital returned to profitability in the third quarter of 2026, reporting $323 million in net income as gains from its investment portfolio and rapid growth in its AI data…
Bitcoin Mining Firm Luxor Raises $16 Million to Accelerate AI Expansion
Bitcoin mining technology company Luxor has raised $16 million in a strategic funding round led by CMT Digital, accelerating its expansion into artificial intelligence…
Ripple and C2FO Tap XRP Ledger to Turn Payment Delays Into Seconds
Ripple and C2FO are bringing invoice financing and settlement to the XRP Ledger, using Ripple’s dollar-backed stablecoin, RLUSD. The initiative targets bank transfer delays that…