When are we going to stop counting out Mark Zuckerberg? As concerns over AI mounted over the summer, Meta was one of the companies hit hardest. Investors were particularly skeptical about the firm’s massive capex-spending plans, especially since Meta was seen as more concentrated on AI than fellow hyperscalers like Microsoft. But the roaring success
Shares of China’s largest memory chip maker have soared nearly 470% as they made their debut on the Shanghai Stock Exchange’s high-tech Star Market. The rise has lifted the stock valuation of ChangXin Memory Technologies (CXMT) to around 3.3 trillion yuan ($487bn; £365bn), making it mainland China’s most valuable listed company. The spectacular debut comes