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Tesla’s sales in China rose in May, as the country’s demand for electric vehicles picked up, thanks to government trade-in programs and consumer interest generated by the Beijing Auto Show.

British American Tobacco maintained its 2024 guidance of low-single-digit organic revenue growth as it reported performance for the first half of the year in line with its expectations.

In a letter, the Green Thumb CEO outlined the potential benefits of a combination, including allowing the cannabis company to be listed on a major U.S. exchange.

U.S. prosecutors are seeking to extradite an Israeli private investigator from London as part of a probe into an alleged globe-spanning hacking-for-hire operation that targeted opponents of Elliott Management and Exxon Mobil.

Apollo to hold an 49% equity interest stake in the joint venture.

Nvidia isn’t the only one benefitting from bullish sentiment on AI — other tech names also got a boost, leading the Nasdaq to close at a record high on May 24.

Bitcoin miner Core Scientific is expanding its AI business through a $3.5 billion partnership with cloud company CoreWeave.

Google’s cloud unit has been among its fastest-growing businesses, but it’s not immune from the companywide job cuts.

Microsoft is investing billions to put in place graphics processing units for generative artificial intelligence. It’s slowing investment in other areas.