Business
Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
Ballard Power: Weichai Exits Board as Chinese Partner Divests 6.9M Shares
Ballard Power Systems announced the resignation of two Weichai-nominated directors after the Chinese company sold 6.9 million shares, reducing its stake below…
HighBEML Posts 24% Revenue Growth but Profit Dips on Metro Provision; Targets ₹20K Cr Order Book
BEML reported 24% revenue growth in Q3 FY26 but faced profit decline due to ₹80 crore metro project provision. The company announced ₹1,500 crore Bhopal plant…
HighGameStop CEO's Surprise eBay Bid Stuns Investors and Loyal Fans Alike
GameStop CEO Ryan Cohen announced a surprise bid to acquire eBay, selling company assets on eBay to fund the takeover, confusing investors and triggering mixed…
HighCommerce Bancshares Trading 30% Below Fair Value Despite Premium P/E Multiple
Commerce Bancshares trades at $54.73 with conflicting valuation signals: P/E ratio suggests overvaluation at 14x, while DCF analysis indicates 30% undervaluati…
MediumBajaj Auto surges 94% in Q4 profit; multiple stocks report strong earnings
Multiple Indian companies reported strong Q4 FY26 earnings with profit growth, dividend announcements, and capital deployment plans. Bajaj Auto led with 93.81%…
HighGreg Abel to Lead Berkshire Hathaway as Buffett Steps Down at Year's End
Warren Buffett announced he will step down as Berkshire Hathaway CEO at year-end, with 62-year-old Greg Abel, a 25-year veteran, officially approved as his suc…
HighSBI Mutual Fund IPO Opens July 14 as India's Largest Fund House Seeks Public Listing
SBI Funds Management, India's largest mutual fund company, launches its IPO on July 14 with SBI and Amundi selling a combined 10% stake through an offer for sa…
HighAnalysts Bullish on BOC Aviation and York Space Systems Amid Industrial Goods Optimism
Multiple analysts have issued Buy ratings on BOC Aviation and York Space Systems, with price targets suggesting significant upside potential for both industria…
MediumAT&T Beats Earnings Expectations; CEO Dismisses Starlink Partnership Need
AT&T delivered stronger-than-expected Q2 earnings with significant postpaid subscriber gains, with CEO Stankey stating a Starlink deal is unnecessary for the c…
HighSBI to Rake in Rs 7,364 Crore From SBI Funds Management IPO
State Bank of India will unlock Rs 7,364 crore by selling a 6.30% stake in SBI Funds Management through an IPO opening July 14, realizing massive gains on its…
HighCisco Stock Surges 17% on Strong Earnings Despite 4,000-Job Layoff Plan
Cisco's stock jumped 17% after announcing 4,000 job cuts (under 5% of workforce) while reporting 35% profit growth. CEO frames layoffs as necessary AI-era repo…
HighTesla beats Q4 revenue estimates on record EV deliveries, but margins compress
Tesla exceeded Q4 revenue estimates at $24.32B, driven by record EV deliveries, but aggressive price cuts signal a shift toward growth over margins amid soften…
HighFrank Founder Javice Faces Court Over Inflated User Claims in $175M JPMorgan Deal
Charlie Javice, founder of student loan startup Frank, appeared in court facing fraud charges for allegedly inflating user numbers from 4 million to fewer than…
HighSupreme Industries shares fall 4% as brokerages cut targets over margin concerns
Supreme Industries shares dropped 4% after Q2 results disappointed, prompting major brokerages to lower price targets citing margin concerns and weak demand fr…
HighTesla NZ revenue rebounds on energy surge, but tax structure draws scrutiny
Tesla New Zealand's 2025 revenue jumped to $135.7m in automotive sales and $119.2m in energy, though the subsidiary achieved only marginal profitability while…
HighUber Surges on Amazon Zoox Robotaxi Partnership Deal
Uber stock surges following a strategic partnership with Amazon's Zoox to deploy purpose-built robotaxis on its platform, launching in Las Vegas this summer wi…
HighCognizant bucks AI hype with 20,000 graduate hires, dismisses token metrics
Cognizant's CEO contradicts industry AI hype by hiring 20,000+ graduates annually and dismissing token metrics as vanity, while the company projects 90% job di…
HighSteppe Gold's Margin Collapse to 12.9% Raises Profitability Questions Despite Low Valuation
Steppe Gold's Q1 2026 results reveal a significant margin decline from 34.4% to 12.9% year-over-year, with negative trailing earnings creating tension between…
HighHDFC Bank's 50% Share Drop Explained: A Technical Bonus Adjustment, Not a Crash
HDFC Bank shares appeared to crash over 50% on Tuesday, but the decline was a technical adjustment from the bank's 1:1 bonus share issue, not a sign of financi…
HighNadella's Weekend Study Sessions: Microsoft Admits Scale Is AI's Achilles Heel
Microsoft CEO Satya Nadella admits the company's massive scale is a disadvantage in AI development, spending weekends studying startup product methods. Tech gi…
HighMeta invests $900M in Indian fintech Cred as founder moves to WhatsApp
Meta is leading a $900M funding round in Indian fintech startup Cred, valuing it at $4B+, while simultaneously hiring its founder Kunal Shah to lead WhatsApp's…
HighCoda Octopus Reports 28.8% Revenue Growth in Q1 2026 on Strong Marine Tech Demand
Coda Octopus Group reported fiscal Q1 2026 revenue of $6.7M, up 28.8% YoY, driven by 47.4% growth in marine technology sales. Core Echoscope sonar business saw…
HighRemus Pharma Posts 14% Revenue Growth, Targets 30% B2C Expansion in FY27
Remus Pharmaceuticals achieved 14% revenue growth and 19% net profit increase in FY26, expanding globally to 40+ countries. However, geopolitical delays and we…
HighTeraWulf Signs $19B Data Center Lease With Anthropic Amid Market Skepticism
TeraWulf secured a $19 billion, 20-year data center lease with AI startup Anthropic for a Kentucky facility, though market reaction has been mixed with stock v…
HighMetigy founder's luxury homes targeted as administrators probe insolvent trading
Metigy CEO David Fairfull is under investigation for allegedly using company capital to purchase two luxury Sydney properties worth $18.2 million while the AI…
HighMindGalaxy Launches UnaBand: Brain-Powered Wearable Targets Menstrual Comfort
MindGalaxy unveiled UnaBand, a neuroscience-driven wearable combining microcurrent stimulation, aromatherapy, and audio to address menstrual discomfort for 1.4…
MediumAnthropic Eyes IPO While Urging Caution on A.I. Development
Anthropic plans an IPO despite CEO Dario Amodei's public calls for slowing advanced AI development, as the company approaches $100 billion in annualized revenu…
HighBerkshire Hathaway hits record $380B cash pile under new CEO Greg Abel
Greg Abel's first quarter as Berkshire Hathaway CEO shows strong operational performance with record $380bn cash reserves and 18% operating profit growth, sign…
HighAI Drives Quiet Job Market Shift: Fewer Hires Over Mass Layoffs
AI adoption is reshaping the U.S. labor market through both direct layoffs and suppressed hiring, with nearly 50,000 AI-related job cuts announced in 2026. The…
HighChime acquires Stride Bank for $590M in major fintech consolidation move
Fintech company Chime announced its acquisition of nationally chartered Stride Bank for $590 million, with Chime's shares rising on the news.
HighAirtel Africa Profit Doubles on Data, Mobile Money Surge Across 14 Markets
Airtel Africa's FY2025-26 net profit more than doubled to $813M, driven by surging data consumption, Airtel Money growth, and Nigeria's strong rebound across 1…
HighSalesforce Heads Into Earnings With AI Division Agentforce Crossing $1B in Annual Sales
Salesforce shares rally ahead of Q2 earnings as its AI division Agentforce surpasses $1 billion in annual sales, with total AI revenue reaching $3.4 billion an…
HighLife Time's 12.5% Margin Inflated by $97.7M One-Off Gain, Raising Quality Questions
Life Time Group Holdings reported 12.5% net profit margins and 139% earnings growth in Q4 2025, but a US$97.7 million one-off gain inflates headline results, r…
HighInstitutional Investors Increase Coinbase Stakes as Insiders Sell Heavily
Multiple institutional investors expanded their Coinbase holdings in Q2, while company insiders including CEO Brian Armstrong sold significant shares worth hun…
HighApple's Tim Cook earned $74.3M in 2025 as succession speculation swirls
Apple CEO Tim Cook earned $74.3 million in total compensation for fiscal 2025, slightly down from the previous year, with the bulk tied to stock awards and per…
HighUTI AMC shares tumble 5% on Q4 loss; brokerages see 29% upside potential
UTI AMC shares fell 5% after reporting a ₹51.4 crore Q4 loss due to mark-to-market losses, though brokerages see up to 29% upside potential citing operational…
HighUS to strip citizenship of Indian-origin man over fraud, abuse allegations
The US Justice Department has identified 12 foreign-born individuals, including Indian-origin Debashis Ghosh, facing denaturalization for serious crimes includ…
HighOasis Calls for KADOKAWA Management Change After Second JFTC Compliance Warning
Japan's Fair Trade Commission is expected to issue a second recommendation against KADOKAWA for violating freelancer protection laws, affecting over 100 creato…
HighNavan Stock Surges 23% After Strong FY2026 Results and Upbeat 2027 Guidance
Navan Inc. shares jumped 23% after-hours following strong Q4 and full-year fiscal 2026 results, with 31% revenue growth and improved profitability metrics sign…
HighDisney Appoints Character.AI's Former CEO as First Chief Technology Officer
Disney has hired Karandeep Anand, former CEO of AI chatbot startup Character.AI, as its first-ever Chief Technology Officer, signaling the company's strategic…
HighHealthcare analysts maintain bullish stance on Establishment Labs and Allogene
Two healthcare companies receive Buy ratings from top-tier analysts, with Establishment Labs and Allogene Therapeutics showing significant upside potential acc…
MediumChina Prepares Chang'e-7 Moon Mission to Search for Ice in Lunar Shadows
China is preparing to launch Chang'e-7, its most technologically complex lunar mission, to search for frozen water deposits in permanently shadowed regions of…
HighTrifork Posts 11% Organic Growth, Pivots to AI-Driven Outcomes Model
Trifork Group AG reports 11% organic growth with Products now representing 53% of EBITDA, shifting toward AI-driven consulting and outcome-based pricing while…
HighAllegiant completes $1.5B Sun Country merger, creating larger budget airline
Allegiant Air has completed its $1.5 billion acquisition of Sun Country Airlines, creating a larger budget carrier. The merger consolidates two low-cost airlin…
HighParamount Reaffirms Warner Bros. Deal Timeline Amid Strong Q1 Earnings
Paramount reports beating earnings expectations and reaffirms progress on its acquisition of Warner Bros., with streaming gains offsetting traditional TV decli…
HighON Semiconductor's $7B Synaptics Deal Triggers Sharp Stock Selloff
ON Semiconductor announced a $7 billion all-stock acquisition of Synaptics to enter the edge AI market, but the deal announcement triggered a sharp stock decli…
HighGTA6 Trailer Announcement Lifts Take-Two Stock to 19-Month High
Take-Two Interactive's stock surged 13% following Rockstar Games' announcement of a Grand Theft Auto 6 trailer, with analysts upgrading the stock on expectatio…
HighMIT Startup Found Industries Tackles Critical Metals Supply Chain With Gallium Extraction
Found Industries, led by MIT alumnus Peter Godart, is launching Found Metals to extract critical gallium domestically, addressing U.S. supply chain vulnerabili…
HighRed Cat's Military Drone Growth Masks Profitability Challenges and Dilution Risks
Red Cat Holdings shows explosive revenue growth in military drones but remains unprofitable with shareholder dilution concerns. Analyst views RCAT as a specula…
MediumBajaj Finance, Vedanta, L&T Lead Market Watch With Strong Q4 Results
Multiple large-cap Indian companies reported robust Q4 FY26 results with double-digit growth. Key movers include Bajaj Finance (22% PAT growth), Vedanta (demer…
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