US stocks fell for a third day as chip and AI shares plunged, while oil rose on Iran tensions. China tech giants Baidu and Xiaomi reported weaker quarterly results, and new IPOs surged, with Unitree set to list.
Global humanoid robot shipments tripled year-over-year in the first half of 2024, with Chinese manufacturers capturing over 97% of the market, led by AgiBot and Unitree.
U.S. stocks fell from records as tech shares declined, while oil surged over 5%. Central bank signals and geopolitical tensions dominated global markets.
JD Logistics and Fast Retailing Group have formed a strategic partnership to build a global logistics supply chain network, enhancing automation, digitalization, and sustainability.