Apple iPhone sales drop 19% in China as demand for Huawei smartphones soars, research says
Apple saw sales of its iPhones fall 19.1% in the first three months of the year, according to data from Counterpoint Research.
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Germany arrests EU Parliament staff member on China espionage charges
A German man was arrested for allegedly sharing information from the European Parliament with the China’s secret service, the federal prosecutor’s office said.
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SoftBank will reportedly invest nearly $1 billion in AI push, tapping Nvidia's chips
SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.
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Drugmaker Novartis climbs 4.4% after guidance rise on sales of blockbuster drugs
Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals Tuesday after it raised its full-year guidance following better-than-expected first-quarter results.
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Treasury yields hold steady as investors look to fresh data
U.S. Treasury yields were little changed on Tuesday as investors awaited fresh economic data that could provide insights into the state of the economy.