Sharp stock underperformance for Baidu Inc. on concerns over its outlook have left it trading at the cheapest valuation among China’s major internet firms.

Commonwealth Bank of Australia reversed a decision to cut 45 customer service roles due to new artificial intelligence technology after pressure from the country’s main financial services union.

FanDuel, the online gambling division of Flutter Entertainment Plc, is teaming up with CME Group Inc., the largest US derivatives exchange, to offer bets on stocks, commodity prices and even inflation.

Bloomberg’s Caroline Hyde discusses the tech sell-off as shares fall for a second day. Plus Bank of America’s new chief technology and information officer talks about the bank’s use of AI as a new report from MIT shows most enterprises see no return on investment from their AI spend. And analysts offer their take on Meta restructuring its AI team again. (Source: Bloomberg)

Palantir Technologies Inc.’s six-session stock-market losing streak has wiped out $73 billion in market value, handing a rare win to short sellers who are getting pounded after betting against this year’s Wall Street juggernaut.

Microsoft Corp. activist employees and supporters were arrested after returning to the company’s headquarters for a second day to demand that the software maker sever business ties with the Israeli military.

Louisiana regulators approved Entergy Corp.’s plan to build three natural gas plants to power Meta Platform Inc.’s biggest data center.

Thirty percent of the studio was laid off this week, adding more years to the game’s production