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.
Nubank profit jumps 41% to $871M but misses expectations; NY shares plunge
Nubank reported Q1 2026 net profit of $871M, up 41% YoY but below analyst expectations of $980M, causing stock to plunge 9% in after-hours trading amid rising…
HighHappyRobot atinge avaliação de US$ 1,2 bi com rodada de US$ 150 mi
Startup de IA HappyRobot levanta US$ 150 milhões em Série C, atingindo avaliação de US$ 1,2 bilhão. Empresa desenvolve agentes de inteligência artificial para…
HighMeta's profits collapse 83% as Trump tax reform forces 87% effective rate
Meta reports strong revenue growth but net profits collapse 83% due to Trump's tax reform forcing the company to pay 87% of operating margins in taxes, causing…
HighKeysight Technologies Q2 Profit Surges 162% on Strong Demand
Keysight Technologies posted Q2 net income of $186 million ($0.99/share), nearly tripling year-over-year, with revenues climbing 36% to $1.22 billion and beati…
HighPlayStation Scales Back PC Strategy for Single-Player Games Citing Revenue Concerns
Sony is scaling back its first-party single-player game ports to PC due to insufficient revenue generation, shifting focus back to console exclusivity while pi…
MediumTesla delays Cybertruck production again, pushes to 2023
Tesla CEO Elon Musk confirmed the Cybertruck production has been postponed to 2023, along with Semi and Roadster models, as the company prioritizes existing ve…
HighWarren Buffett Steps Down as Berkshire Hathaway Chairman at 96
Warren Buffett, 96, is stepping down as chairman of Berkshire Hathaway after 60+ years. His son Howard will assume the role while CEO Greg Abel continues leadi…
HighNatureBrain aplica la lógica de Bloomberg a la inversión en capital natural con Helena AI
La startup española NatureBrain presenta Helena AI, una inteligencia artificial que analiza inversiones en capital natural con metodologías financieras, permit…
HighChinese startup's Titan 01 robot mirrors human movements in real time
Westlake Robotics unveiled Titan 01, a humanoid robot using AI to mirror human movements in real time via motion-capture control, with applications across manu…
MediumNintendo's operating profit surges 150% despite console sales slump
Nintendo's operating profit surged 150% to $902M in Q2 despite 9.5% lower net sales, driven by US tariff refunds, strong game sales, and Mario movie success of…
HighMoonshot AI Seeks $20B Funding Round, Valuation Could Hit $300B
Moonshot AI, developer of the Kimi chatbot, is pursuing a $20 billion funding round that could value the company at $300 billion, marking its third major fundi…
MediumGoldman Sachs projects SpaceX AI revenue to surge 100x to $322B by 2030
Goldman Sachs forecasts SpaceX's AI division revenue will surge from $3.2B in 2025 to $322B by 2030, supporting the company's record $1.75T IPO valuation, thou…
HighBurberry Chief's Pay Could Hit £12.2m as Luxury Brand Delays Climate Goals
Burberry's new CEO Joshua Schulman could earn up to £12.2m under a new bonus scheme while the company delays its carbon neutrality target by a decade to 2050,…
HighNASA Qualifies Relativity Space's Terran R for Launch Contracts
NASA has qualified Relativity Space's Terran R rocket as an approved launch service provider, allowing the startup to compete for government contracts.
MediumDimon Warns of Economic Volatility Beyond Base Case Scenarios
JPMorgan Chase CEO Jamie Dimon presented at Bernstein's Strategic Decisions Conference, expressing caution about economic forecasting and highlighting multiple…
HighAnthropic's $2T IPO Valuation Rests on Ambitious $190-200B Revenue Target by 2028
Anthropic's planned IPO values the AI company at $2 trillion based on projected 2028 revenues of $190-200 billion, though current revenue stands at $11.5 billi…
HighTalen Energy trades 23% below fair value despite Q2 loss and buyback activity
Talen Energy reported Q2 2026 losses despite $959M sales, with stock trading 23% below analyst fair value estimates. The valuation gap reflects investor cautio…
MediumAlibaba shares surge 16% on major restructuring plan
Alibaba's Hong Kong shares surged 16% following announcement of major restructuring into holding company with six autonomous divisions, boosting broader Chines…
HighSouth Korea police raid Starbucks HQ over 1980 massacre promotion scandal
South Korean police raided Starbucks Korea headquarters investigating a May promotional campaign that appeared to trivialize the 1980 Gwangju Uprising massacre…
HighUniversal Music rejects Ackman's $64B takeover bid
Universal Music Group has rejected billionaire Bill Ackman's $64-65 billion takeover proposal, stating it materially undervalues the company. The rejection sig…
HighVertiv Powers AI's Hidden Infrastructure Play as Data Centers Demand Cooling Solutions
Vertiv Holdings, a data center infrastructure supplier, has gained 36% YTD as AI expansion drives demand for power and cooling systems. The company's $9.5B bac…
HighPRS Guitars Names Jack Higginbotham First CEO After 41 Years
PRS Guitars named Jack Higginbotham, a 41-year company veteran and former COO, as its first-ever CEO. Founder Paul Reed Smith remains as Managing General Partn…
HighArcus Biosciences Reports 74% Revenue Collapse, Slashes 2026 Guidance
Arcus Biosciences reported Q2 2026 revenue of $41M versus $160M year-over-year, with net losses widening to $219M for H1 2026. The company cut full-year guidan…
HighTake-Two CEO defends GTA 6 digital-only launch, calls physical discs obsolete
Take-Two CEO defends GTA 6's digital-only launch, citing that physical discs no longer make sense as the gaming industry shifts to 90%+ digital distribution.
HighJudge Blocks Trump's $100K H-1B Visa Fee as Business Owners Defend Foreign Talent
A federal judge struck down the Trump administration's $100,000 fee on H-1B visas, which was designed to discourage foreign worker hiring. Business owners argu…
HighBurger Burger chain fights to survive receivership with rescue plan underway
Popular NZ burger chain Burger Burger enters receivership and administration, but administrators plan to continue operations while seeking a rescue package or…
HighSalesforce adquiere m3ter: billing por consumo llega al mainstream empresarial
Salesforce acquires m3ter, a London-based consumption billing platform, integrating it into Agentforce to enable usage-based pricing models for enterprise cust…
HighOil Rebounds on Demand Hopes Despite Uneven Global Covid Recovery
Crude oil prices rebounded Monday after a 7% weekly decline, as mixed pandemic signals create uncertainty about demand recovery. U.S. travel surges while inter…
HighAirbus retreats on office mandate after strike pressure
Airbus has scaled back its return-to-office mandate following strikes across multiple countries, allowing staff two remote work days weekly instead of restrict…
HighASML Hits Record Orders on AI Boom While Cutting 1,700 Jobs
ASML achieved record Q4 orders of 13.2 billion euros driven by AI demand, while cutting 1,700 jobs to enhance R&D agility. The chipmaker raised 2026 sales guid…
HighSteve Jobs' 1976 Bicentennial check heads to auction
A Steve Jobs-signed check from July 4, 1976—America's Bicentennial and just months after Apple's founding—is being auctioned by RR Auction, expected to fetch a…
HighMicrosoft overhauls Teams UI to prevent accidental screen shares and misclicks
Microsoft is redesigning Teams' meeting interface to reduce accidental button presses, including centered controls, relocated Leave button, and two-step share…
HighApple completes iCloud Documents merger into Drive, adds Passkeys authentication
Apple has completed its merger of iCloud Documents and Data into iCloud Drive, requiring legacy users to enable iCloud Drive to access synced files. The compan…
HighPalo Alto Networks Beats Estimates on AI Security Demand, Guides 23% Growth
Palo Alto Networks exceeded quarterly profit expectations driven by AI security demand and announced continued acquisition strategy, projecting 23.3% growth fo…
HighThree B.C. Cleantech Startups Advance to 2026 Technology Impact Awards
Three British Columbia cleantech startups—Lite-1 Bio, Tersa Critical Minerals, and Viridis—have been selected to pitch for the Company of the Year award at the…
HighApple Preps September 9 Event With iPhone Ultra, Foldable Model, and Premium Lineup
Apple is set to announce new iPhone models including an iPhone Ultra and iPhone 18 Pro at its September 9 event, marking the beginning of the Ternus era with t…
MediumMarkets Extend Losses; Tata Steel, Lupin, Polycab Among Stocks in Focus
Indian markets extended losses amid global headwinds with Nifty testing support levels. Multiple stocks including Tata Steel, Polycab, and Lupin face significa…
HighMajor Indian firms report Q1 earnings; Adani Ports surges 77%, banks show mixed results
Multiple Indian companies reported Q1 earnings with mixed results, with Adani Ports surging 77% in profit while some banks faced headwinds from higher expenses…
HighAmeriprise Boosts CCC Intelligent Solutions Stake to $46.6M Amid Insider Selling
Ameriprise Financial significantly increased its CCC Intelligent Solutions stake to $46.64M in Q1, while company insiders dumped $592M in shares over 90 days,…
HighDodgers owner Walter denies fraud allegations, says team payroll backed by revenue
Los Angeles Dodgers owner Mark Walter's company TWG Global denies fraud allegations related to investment fund loans, asserting the team's high payroll is supp…
MediumAdidas Raises 2026 Sales Outlook on World Cup Boost, Retro Demand
Adidas raised its 2026 sales forecast to 9-10% growth after Q2 revenues beat expectations at €6.74bn, driven by World Cup demand and retro style popularity, th…
HighChina blocks Tencent's $5.3B video game streaming merger on antitrust grounds
China's market regulator blocked Tencent's planned $5.3 billion merger of video game streaming platforms Huya and DouYu, citing antitrust concerns over combine…
HighTaco Bell removes lettuce in select states as cyclospora outbreak spreads
Taco Bell voluntarily removed lettuce from select suppliers across multiple states after the ingredient was linked to a growing cyclosporiasis outbreak affecti…
HighiPhone 12 Leak Reveals Pricing, MagSafe Charging, and Camera Upgrades
A Weibo leak reveals comprehensive details on Apple's upcoming iPhone 12 lineup, including pricing from $699-$1,099, improved cameras, and new MagSafe wireless…
MediumParatus Energy Posts 48.8% Net Margin, But Dividend Coverage Concerns Linger
Paratus Energy Services reported a 48.8% net margin and US$107.5M trailing net income, but faces sustainability questions due to weak dividend and interest cov…
HighUCB to Acquire Candid Therapeutics for Up to $2.2B to Expand T-Cell Immunology
Belgian pharmaceutical company UCB is acquiring US biotech firm Candid Therapeutics for up to $2.2 billion to expand its immunology pipeline with novel T-cell…
HighGerman startup achieves Europe's first private orbital rocket launch
Isar Aerospace successfully launched its Spectrum rocket from Norway, marking Europe's first privately-developed orbital flight and a step toward reducing depe…
HighMIT Startup's Nuclear-Inspired Cooling Could Cut Data Center Energy Use by 35%
MIT startup Ferveret adapts nuclear reactor cooling technology to reduce data center energy use by 35%, addressing AI's massive power demands without water con…
HighiPhone 18 Pro price increases may be smaller than Wall Street expected
J.P. Morgan forecasts Apple will limit iPhone 18 Pro price increases to around $50 for base models, contradicting earlier predictions of $200+ hikes, by offset…
MediumBankrupt competitions boss launches new venture despite court restrictions
Anton Hall, whose competitions company collapsed owing tens of thousands in unpaid prizes, is now running prize draws through a new venture despite bankruptcy…
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