Robots are on display at the Robot Mall, world's first embodied intelligence robot 4S store, on August 6, 2025 in Beijing, China.Beijing Youth Daily | Visual China Group | Getty ImagesBEIJING — As the race for household robots heats up, Chinese humanoid startup X Square Robot announced Monday it had...
Category: Finance
Yieldstreet tells investors in $89 million worth of marine loans to expect losses
Cargo containers stacked aboard a ship at the Jakarta International Container Terminal in Tanjung Priok Port on Aug. 7, 2025.Str | Afp | Getty ImagesThe private market assets platform Yieldstreet struck a deal to recoup some of its legal expenses for an ill-fated series of marine loans — but its...
China’s Xi urges AI cooperation, rejects ‘Cold War mentality’ at SCO summit
Chinese President Xi Jinping delivers his opening remarks at the Shanghai Cooperation Organization Summit in Tianjin on Sept. 1, 2025.Evelyn ChengTIANJIN, China — Chinese President Xi Jinping on Monday urged members of the Shanghai Cooperation Organization to strengthen artificial intelligence cooperation, while rejecting what he called a "Cold War mentality."Xi...
‘We shouldn’t ignore this:’ Longtime investor Rebecca Patterson warns Trump could damage Fed independence
President Donald Trump's efforts to fire Federal Reserve Governor Lisa Cook could jeopardize the central bank's independence, according to longtime investor Rebecca Patterson."We shouldn't ignore this at all. This is a big deal what's going on," the former Bridgewater Associates chief investment strategist told CNBC's "Fast Money" this week.Patterson, now...
Affirm’s stock soars 15% on earnings, revenue beat
Affirm shares rose 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected earnings and revenue for the fiscal fourth quarter.Here's how the company did versus LSEG consensus estimates:EPS: 20 cents vs. 11 cents estimatedRevenue: $876 million vs. $837 million estimatedRevenue climbed 33% in the...