News

‘Huge misunderstanding’ – Peng Shuai denies sexual assault accusation

Published

4 years ago

February 8, 2022

ticker NEWS

Chinese tennis player Peng Shuai has held private talks with the President of the International Olympic Committee, in Beijing

Shuai disappeared from public life after making sexual abuse accusations against a political official in November.

The 36-year-old met with Thomas Bark, and he was joined by the former Chair of the Athletes’ Commission and IOC member Kirsty Coventry.

Bark previously held a private phone conversation with Shuai in November.

The meeting took place on Saturday over dinner at the Olympic Club in Beijing.

Thomas Bach, president of IOC, says Peng Shuai, the Chinese tennis player and Olympian who accused a top Chinese party leader of sexual assault, will enter the Olympic closed loop for a meeting. He doesn’t specify when. pic.twitter.com/ivx1CJkYwQ
— Amy Qin (@amyyqin) February 3, 2022

He says it’s up to the tennis player on whether she wanted an inquiry into the alleged assault.

The IOC has since released a statement

“During the dinner, the three spoke about their common experience as athletes at the Olympic Games, and Peng Shuai spoke of her disappointment at not being able to qualify for the Olympic Games Tokyo 2020. In this context, she also shared her intention to travel to Europe when the COVID-19 pandemic is over, and the IOC President invited her to Lausanne to visit the IOC and The Olympic Museum, to continue the conversation on their Olympic experiences. Peng Shuai accepted this invitation,” the statement read.

“Kirsty Coventry and Peng Shuai also agreed that they would remain in contact. And all three agreed that any further communication about the content of the meeting would be left to her discretion.”

Tennis star Peng Shuai says there has been a “huge misunderstanding”

Peng Shuai spoke to non-Chinese media for the first time since November last year.

That’s when she appeared to post and later delete allegations of sexual assault against a Chinese official on Weibo.

The sporting star has now come out to an old French newspaper, saying that the allegations were an “enormous misunderstanding.”

However, here’s the catch – the interview was done in highly controlled circumstances.

The paper had to submit questions in advance.

Her interview was conducted at the Winter Olympics and a representative from China’s Olympic Committee was beside her, translating her comments

Peng told the outlet she was living a normal life – and would like to know, “why such concern?” saying “I never said anyone sexually assaulted me”

The 36-year-old also hinted she could retire from professional tennis, commenting on her age, surgeries and the pandemic as factors.

This whole stunt has left more questions unanswered, with some critics saying the highly controlled comments are a propaganda exercise

The IOC continues to be slammed by some rights groups for failing to address China’s human rights record as the Winter Games take place In Beijing.

News

AI stocks surge amid market shifts and spending warnings

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.

Published

6 hours ago

December 19, 2025

Harvey Vargas

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.

The artificial intelligence sector continues to be a major driver of growth for both the U.S. and global economies. Companies at the forefront of AI innovation are influencing market trends and reshaping industries worldwide.

Meta’s stock has rebounded slightly following reports of potential cost-cutting measures and job reductions in its Reality Labs division. Investors are watching closely as the company adjusts its strategy to manage rising expenses and optimize innovation.

Palantir is trading at over 120 times forward sales and 180 times forward earnings, signaling investor confidence but also raising questions about valuation risks. Meanwhile, Nvidia maintains a market cap of $4.2 trillion as a leading AI chip supplier, yet competition is ramping up.

These moves highlight the growing tension between tech giants’ AI ambitions and the practical need to balance profits with heavy R&D spending.

Some analysts, however, warn that rapid growth may not be sustainable, with current levels of AI-related spending potentially overshooting realistic returns.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AIStocks #TechInvesting #Nvidia #Meta #Palantir #ArtificialIntelligence #StockMarket #TickerNews

News

AI investments set to surge in 2026 as companies target productivity gains

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.

Published

7 hours ago

December 19, 2025

Harvey Vargas

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.

Analysts predict that artificial intelligence companies could invest over $500 billion in 2026, signaling a major shift in corporate spending priorities. This surge in capital allocation comes as businesses look to harness AI to drive growth and efficiency across multiple sectors.

Following strong third-quarter earnings, overall capital spending estimates for 2026 have been revised upward. However, investors are becoming more selective, focusing on companies that can clearly demonstrate revenue benefits from their AI investments, separating hype from tangible results.

AI adoption is expected to boost economic productivity, with significant investment already flowing into AI infrastructure such as semiconductors and data centres. The coming year could redefine how companies leverage technology to gain a competitive edge.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AIInvestment #TechGrowth #FutureEconomy #DataCenters #Semiconductors #ArtificialIntelligence #ProductivityBoost #CapitalSpending

News

Stocks, AI and the economy: What to expect in 2026

2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!

Published

7 hours ago

December 19, 2025

Harvey Vargas

2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!

2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.

Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.

From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#StockMarket #Investing2026 #AIStocks #FederalReserve #EconomyWatch #MarketTrends #FinanceNews #TreasuryYields