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Four of the world's largest chip equipment manufacturers have more than doubled the share of their China revenue since late 2022, Bank of America analysts said.
Wall Street slips ahead of megacap earnings. Alphabet's Youtube ad revenue misses expectations. Tesla slides on weaker-than-expected earnings
Tesla's adjusted operating margin shrank to its lowest in three years in the second quarter, contributing to a plunge in the stock price.
The search and cloud giant was tough to own for a while, but Tuesday's results show it is finally on proper footing.
Investors in Asia will also look at tech stocks to see if there is any spillover effect on EV stocks after Tesla earnings missed estimates.
DeepL, one of Europe's high-profile AI companies valued at $2 billion, sells translation software aimed at businesses.
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