Tesla Stocks Fall Nearly 4% over Reported Production Pause and Wells Fargo's Alarm on EV Business

Wells Fargo expected Tesla's Q2 deliveries to tumble 21% year-over-year to 343,000 units, around 17% below Wall Street consensus, after a 13% decline in deliveries in Q1, the worst quarterly performance in almost three years.

OpenAI Reportedly Considers Accusing Microsoft of Anticompetition, Seek Profit Waiver from Largest Investor

OpenAI was reported to seek offering a 33% stake in its arm that is set to transition to a new for-profit entity in exchange for Microsoft's foregoing its right to future profits, and want to exempt acquisition of Windsurf from the existing agreement that grant Microsoft access to OpenAI's IP. It also hopes get out of its exclusive cloud contract with Microsoft.

Trump Media Seeks SEC Approval for Bitcoin and Ethereum ETF

Trump Organization Launches Trump Mobile and First Smartphone Model T1

China's CAS Star Issues First Tech Innovation Bond by a PE Firm, Backing Hard Tech Startups

The funds will be used for investments and replacements in hard technology sector funds, such as next-generation information technology, artificial intelligence, and semiconductors, in order to strengthen patient capital.

3D-Printed Labubu Models Spark Legal Concerns

SwitchBot Eyes Hong Kong IPO After a Decade of Global Growth

"The Hong Kong market provides easier access to funding for robotics firms in heavy R&D stages," said Fan Congming, founder of the Shenzhen Artificial Intelligence Industry Association.

China’s Airlines Resume Boeing Deliveries After Prolonged Pause

Apple’s iPhone Tops Sales in China in May Amid Strong Global Growth

Nvidia to Exclude China From Its Forecast amid U.S. Chip Export Curbs, Jensen Huang Says

Huang said he wasn't counting on the possible lifting export controls after U.S.-China trade talks. He slammed the trade policy again, stating that "the goals of the export controls are not being achieved."