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China's AI ambitions get a $500 billion boost | Morning Bid
Posted
July 27, 2026
Views
9,292
Likes
150
Comments
14
Engagement
1.76%
July 27, 2026
9,292
150
14
1.76%
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7:43Now PlayingChinese memory chipmaker CXMT soared 500% on its Shanghai debut to become the country's most valuable company at over half a trillion dollars. Meanwhile, Apple, Amazon, Microsoft, and Meta prepare to report as cash burn concerns weigh on AI's biggest spenders, and the Fed meets Wednesday with oil retreating nearly $10 from above $100 a barrel after a pause in U.S.-Iran strikes.
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