Citigroup CEO warns AI market hype is 'exuberant'. Citigroup CEO Jane Fraser cautioned investors that the artificial intelligence sector is showing signs of "exuberant" hype, even as her bank continues to deploy AI tools across its operations. Speaking at Citigroup's Tech Leadership Summit in Pebble Beach, California, Fraser told CNBC that while some enthusiasm for AI is justified, market overexcitement poses risks. #AIHype #Citigroup #JaneFraser #MarketWarning #TechValuations #Nasdaq #AIInvesting #aitech https://www.perplexity.ai/...

Volkswagen profit plunges 61% on tariffs, Porsche crisis, Volkswagen reported a steep 61% drop in profit for the first three quarters of 2025, with the German automaker hit by a double blow of U.S. tariffs and a costly strategic reversal at its Porsche subsidiary. The crisis has triggered a leadership shake-up at the luxury brand and raised questions about the future of Europe's largest carmaker. #Volkswagen #Porsche #EVMarket #AutoIndustry #Tariffs #Germany #BusinessNews #electricvehicles https://www.perplexity.ai/...

Shopify names Hertz COO as Morrison steps down. Shopify announced a major leadership shakeup on October 9, appointing Jessica Hertz as Chief Operating Officer while Chief Revenue Officer Bobby Morrison announced his departure after three and a half years with the e-commerce giant #Shopify #LeadershipChange #COO #JessicaHertz #BobbyMorrison #Ecommerce https://www.perplexity.ai/...

Chinese battery maker secures patent and $600K grant #battery #patent https://www.globenewswire....

Finance teams can lead in the AI era by integrating AI thoughtfully, aligning strategies, and focusing on value creation rather than just technology adoption. #Finance #AI #Leadership #Strategy #innovation https://hbr.org/2025/08/ho...

President Xi Jinping's yesterday meeting with key figures like Jack Ma, Pony Ma, and Ren Zhengfei signals a renewed commitment to fostering innovation and collaboration in the private sector.

As China faces economic challenges and ongoing trade tensions with the U.S., this gathering highlights the importance of technology-driven growth for national stability. The government's shift towards supporting private enterprises could pave the way for a vibrant tech ecosystem and renewed investor confidence.

Exciting times ahead for the global tech landscape! 🌍💼 #ChinaTech #innovation #Leadership #EconomicStrategy https://nexth.zone/blog/ch...