Alibaba and Tencent lost a combined $66B in market value over about 24 hours as investors reacted to unclear monetization plans for their AI investments (Bloomberg)

Bloomberg:
Alibaba and Tencent lost a combined $66B in market value over about 24 hours as investors reacted to unclear monetization plans for their AI investments  —  Alibaba Group Holding Ltd. and Tencent Holdings Ltd. lost $66 bill…

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Gas giants warn against windfall gains tax as Pocock says ‘wartime profits’ should go to struggling Australians

Government faces political fight as industry says mooted 25% levy on exports would hurt Australia’s economy and energy securityGet our breaking news email, free app or daily news podcastGas giants will lobby against any federal government moves to intr…

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