Alibaba's chairman says Apple's iPhones will use its AI technology. Apple's China business has faced significant challenges from geopolitical tensions, tariffs, and anti-American sentiment.

OpenAI’s board of directors has formally rejected an offer from a group of investors led by Elon Musk to buy the nonprofit for $97.4 billion. Scarlet Fu reports on “Bloomberg The Close.” ...

IPC Indice de Precios Y Cotizaciones 54,077.94-82.17-0.15% ...

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.