By WSJ Staff
Alibaba (HK:9988, BABA): The Chinese e-commerce leader said its Qwen artificial-intelligence app drew more than 10 million downloads in the first week after a relaunch. Shares jumped 4.7% in Hong Kong.
Tyson Foods $(TSN)$: America's largest meat supplier plans to close a major beef-processing plant, as a cattle shortage squeezes the industry.
Tesla $(TSLA)$: The EV maker has started work on the next generation of AI chips to be used in its cars and data centers, Chief Executive Elon Musk said. Shares rose premarket, alongside other huge technology stocks such as Alphabet (GOOGL, GOOG).
Anglo American (UK:AAL): Following fresh talks, BHP (UK:BHP, BHP) said it wouldn't pursue a takeover of its London-listed rival, clearing the way for Anglo to close a merger with Teck Resources $(TECK)$.
Comcast $(CMCSA)$: Universal Pictures movie "Wicked: For Good" opened in U.S. and Canadian theaters with ticket sales worth an estimated $150 million, one of the biggest domestic debuts of 2025. Comcast owns Universal.
Bayer (XE:BAYN): The German pharmaceutical company reported positive late-stage trial results for a stroke-preventing drug. A previous study found that the treatment failed to reduce the formation of blood clots. Shares jumped 9% in Germany.
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(END) Dow Jones Newswires
November 24, 2025 04:50 ET (09:50 GMT)
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