Kuaishou shares jump after Tencent joins .8 billion raise for Kling AI subsidiary

Kuaishou shares jump after Tencent joins $2.8 billion raise for Kling AI subsidiary

Kuaishou headquarters is pictured on November 5, 2020, in Beijing, China. VCG | Visual China Group | Getty Images Kuaishou Technology shares rose nearly 7% Friday before trimming gains, after the company announced a capital injection of nearly $2.8 billion into its artificial intelligence subsidiary, Kling AI, with backing from tech giant Tencent. The Beijing-based short video…

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Eurozone short-dated yields fall ahead of Sintra central bank speeches

Eurozone short-dated yields fall ahead of Sintra central bank speeches

Investing.com -Eurozone short-dated government bond yields fell on Tuesday as investors positioned themselves for a barrage of economic indicators and crucial central bank speeches at the European Central Bank’s annual forum in Sintra, Portugal. The , which is highly sensitive to changes in ECB interest rate expectations, rose to 2.52%. Yields move inversely to prices. …

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