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Chinese firms chase Africa’s consumers as resource investments plunge 40%

Small Business A picture taken on December 8, 2014 in Abidjan shows a Chinese shoe dealer in a transaction at Adjamene’s market. Sia Kambou | Afp | Getty Images Chinese business dealings in Africa, once dominated by state-owned enterprises, are now increasingly shifting toward consumer products from the private sector. While Africa’s faster-growing economies, such […]

2 mins read

Jim Cramer says software’s comeback could be the blueprint for AI stocks’ next rally

Tech CNBC’s Jim Cramer said on Wednesday that software’s sharp turnaround shows how quickly Wall Street can change its mind — and beaten-down AI infrastructure stocks could be next. “This month, we’ve seen a remarkable resurgence in the once hated enterprise software stocks, and a complete evisceration of the data center plays,” the “Mad Money” […]