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.
Xbox CEO warns of 'hard choices' as Microsoft reshapes gaming strategy
Xbox CEO Asha Sharma warned of "hard choices" ahead as Microsoft reshapes its gaming division amid rising development costs and competitive pressures. The inte…
HighWorld Cup ticket scams surge as record prices lure desperate fans
Record World Cup ticket prices are fueling cyber fraud and scams targeting fans seeking bargains, with experts warning of 28,500+ suspicious transactions and o…
HighSBI Funds Management IPO: Rising Royalty Costs Present Hidden Risk
SBI Funds Management's highly anticipated $12.3B IPO faces a key risk: rising royalty payments to parent SBI and potential loss of brand rights if shareholding…
HighMixed Signals at Keysight as CX Institutional Cuts Stakes While Others Buy
CX Institutional reduced its Keysight Technologies stake by 51.4% in Q2, while other major investors increased positions. The stock trades near $173 with analy…
HighNorth Korean hackers breach US tech firm in supply chain attack on crypto companies
North Korean government-backed hackers penetrated JumpCloud, a US IT management company, in late June to target cryptocurrency firms through a supply chain att…
HighSP2B reúne líderes para debater inovação, IA e impacto de influenciadores em negócios
O evento SP2B apresenta painéis com executivos e empreendedores discutindo estratégias de crescimento empresarial, liderança na era da IA e uso de influência d…
HighEuropean shares rebound as tech, retail surge; energy slumps on oil decline
European shares rebounded Monday with tech and retail leading gains after early-year losses, while energy stocks fell on crude price declines and Saudi product…
HighNubank profit surges 41% in Q1 to €744.7M amid Brazilian banking license push
Brazilian fintech Nubank reported €744.7M profit in Q1 2026, up 41% YoY, with total revenues reaching €4.57B. The company is among four bidders for CGD's Brazi…
HighDigital Data Leeches: How Tech Giants Profit From Your Secrets
US tech companies systematically collect and sell sensitive user data to advertisers, with Grindr's £26 million settlement highlighting privacy risks. The EU e…
HighBofA Raises SanDisk Price Target to $2,100 on New Business Model Strength
Bank of America raised its SanDisk price target to $2,100, signaling 28% upside potential. The bullish call reflects confidence in the company's innovative bus…
HighAlibaba surges 16% on historic restructuring plan, lifting Chinese tech sector
Alibaba's Hong Kong shares surged 16% following announcement of major restructuring into holding company with six autonomous divisions, boosting broader Chines…
HighGreg Abel Takes Helm at Berkshire Hathaway After Buffett's Retirement
Warren Buffett, 95, has retired and Greg Abel assumes the CEO role at Berkshire Hathaway. Investors await clarity on Abel's investment strategy for the company…
HighByju's claims $533M fund remains in subsidiary ahead of US court hearing
Byju's claims its subsidiary remains the beneficiary owner of $533M parked in a Delaware firm, ahead of a US court hearing on fund whereabouts amid investor di…
HighBathurst Resources Reports Strong FY2026 Results, Highlights Post-Close Developments
Bathurst Resources Limited held its Q4 2026 earnings call, reporting a strong fiscal year with operations across four New Zealand mines and development project…
HighBezos vs. Nadella: How Amazon and Microsoft's CEOs lead differently
Amazon's Bezos and Microsoft's Nadella employ fundamentally different leadership approaches—Bezos emphasizes customer obsession and decisive action, while Nade…
HighComcast's NBCUniversal Spinoff Signals Major M&A Wave in Media
Comcast announced plans to separate NBCUniversal from its technology business into two independent public companies, potentially triggering significant M&A act…
HighTriple Flag Precious Metals Files Prospectus for 133M Share Resale
Triple Flag Precious Metals filed a prospectus supplement allowing a selling shareholder to resell up to 133.25 million shares, signaling potential dilution an…
HighRBC Downgrades Triple Flag Precious Metals to Hold; Scotiabank Maintains Strong Buy
Royal Bank of Canada downgraded Triple Flag Precious Metals to hold while Scotiabank maintained a strong-buy rating, reflecting mixed analyst sentiment on the…
HighZoomInfo shuts Israel R&D center, cuts 300 jobs five years after Chorus.ai buy
ZoomInfo is closing its Israeli development center by year-end, laying off approximately 300 employees five years after acquiring Chorus.ai for $575 million.
HighDOJ Approves Paramount-Warner Bros. Merger After Antitrust Review
The Justice Department has cleared Paramount's acquisition of Warner Bros. Discovery after an 8-month antitrust review, determining the merger could enhance co…
HighTaco Bell lettuce outbreak sickens 4,300+ across US; single Mexican supplier identified
US regulators linked a cyclospora parasite outbreak sickening over 4,300 people across five states to shredded iceberg lettuce from a single Mexican supplier s…
HighNubank's Q1 profit misses expectations as loan provisions surge 33%
Nubank reported Q1 profit of $871.4M, below market expectations, as the fintech accelerated credit offerings and provisions surged 33%. The bank exceeded $5B i…
HighRBC Maintains Hold on Triple Flag Despite Street's Strong Buy Consensus
RBC Capital analyst Josh Wolfson reaffirmed a Hold rating on Triple Flag Precious Metals with a C$23.00 price target, despite the stock trading at C$34.46 and…
HighThis Startup Wants You to Pay Up to Talk With AI Versions of Human Experts
Onix is launching a “Substack of bots,” where digital twins of health and wellness influencers dispense advice 24/7. And maybe hawk their products.
MediumKRA Diversifies Cybersecurity Vendors to Reduce Customs Infrastructure Risk
Kenya Revenue Authority is procuring multiple cybersecurity vendors to protect customs systems and reduce single-supplier risk across regional trade infrastruc…
HighNvidia negocia adquisición de Hugging Face por hasta US$14.000 millones
Nvidia está en negociaciones avanzadas para adquirir la startup de IA Hugging Face por aproximadamente US$14.000 millones, lo que representaría la mayor invers…
MediumBathurst Resources Q3 2026: CEO outlines coal operations across New Zealand, growth projects
Bathurst Resources CEO Richard Tacon outlined Q3 2026 operations across New Zealand and development projects in British Columbia, including the Buller and Tena…
HighSpaceX Sets IPO Price at $135 Per Share, Targeting $75B Raise
SpaceX has set its IPO price at $135 per share, expecting to raise $75 billion in what could be one of the largest public offerings. Goldman Sachs projects the…
HighSpace mirror startup's FCC approval sparks alarm over astronomy damage and eye safety risks
An FCC-approved startup plans to deploy giant mirrors in space to beam sunlight on-demand to Earth, but scientists warn of risks to astronomy observations and…
HighCiti Korea Unites Corporate Partners in Sustainable Volunteer Initiative
Citi Korea held a Global Community Day volunteer event with 14 corporate clients, creating upcycled artwork and supply kits to support environmental protection…
HighDr Reddy's completes Stugeron acquisition from J&J to expand CNS portfolio
Dr. Reddy's Laboratories completed acquisition of Johnson & Johnson's Stugeron brand for vertigo treatment across EMEA, India, and Vietnam, strengthening its C…
HighDimon Pitches SpaceX IPO to JPMorgan's Wealthiest Clients
JPMorgan Chase CEO Jamie Dimon is pitching SpaceX's anticipated $75 billion IPO to the bank's 2,500 wealthiest clients this week, signaling major institutional…
HighNvidia to invest $150B annually in Taiwan as AI hub
Nvidia CEO Jensen Huang announced the chipmaker will spend $150 billion annually in Taiwan, positioning the island as the epicenter of the AI revolution and si…
HighTSMC's Record Revenue Masks AI Trade Slowdown Concerns
TSMC reports record 68% June revenue surge driven by AI demand, yet the milestone fails to reignite investor enthusiasm for AI-focused semiconductor stocks.
HighInstitutional Investors Boost Life Time Group Stakes as Insiders Trim Holdings
Multiple institutional investors, including Farther Finance Advisors, significantly increased their positions in Life Time Group (LTH) during Q2 2025, while co…
HighPichai defiende austeridad en Google pese a ganancias récord
Google CEO Sundar Pichai defended the company's cost-reduction measures during an all-hands meeting, emphasizing fiscal responsibility despite record profits a…
HighWiseTech shares surge as founder White steps down from chair role amid police probe
WiseTech co-founder Richard White resigned as executive chair following police investigation into allegations of sexual coercion and visa fraud, though he rema…
HighSBI Mutual Fund IPO opens at Rs 545-574; quality business but valuation key
SBI Funds Management, India's largest asset manager, opened its Rs 10,000-crore IPO on July 14 at Rs 545-574 per share. Experts advise focusing on valuation ra…
HighAnalysts Weigh In on AMD, TSMC, and Sprinklr With Mixed Outlooks
Bank of America, Bernstein, and Morgan Stanley analysts weigh in on three tech stocks, with AMD and TSMC receiving bullish ratings while Sprinklr holds steady…
MediumWWE Hall of Famer Bradshaw Praises AAA as 'Hottest Program in the World'
WWE Hall of Famer John Bradshaw Layfield calls AAA Lucha Libre the "hottest program in the world," praising its Mask vs. Mask match and Los Perros del Mal stor…
HighSamsung heir Lee Jae-yong breaks dynasty tradition, vows no family succession
Lee Jae-yong, Samsung's de facto leader, was acquitted in July 2025 of fraud charges stemming from a controversial merger designed to secure his succession, en…
HighHong Kong shares edge up on energy gains amid China property debt crisis
Hong Kong shares rose 0.3% on energy sector strength amid rising crude prices, while Chinese property stocks declined as Evergrande's debt crisis deepens and o…
HighWhy Amazon Dominates E-Commerce With Few Western Rivals
Amazon's lack of Western rivals stems from first-mover advantage, shareholder patience with losses, platform network effects, and Prime's stickiness. Antitrust…
HighInstitutional Investors Shift Positions in NorthWestern Energy as Raymond James Trims Stake
Raymond James Financial reduced its NorthWestern Energy stake by 1% while other major institutional investors increased positions, signaling mixed sentiment on…
HighIRT Beats Q2 Guidance as Same-Store NOI Growth Accelerates to 1.2%
IRT reported Q2 2026 same-store NOI growth of 1.2%, exceeding guidance, driven by improving rental rates and declining concessions. The company raised full-yea…
HighParamount's Antitrust Settlement Talks Face Industry Backlash and Political Pressure
Paramount is in settlement talks with California's Attorney General over antitrust concerns, but faces opposition from industry figures and political pressure,…
HighNintendo Switch 2 Price Jumps 16.9% to ₩758k Amid Semiconductor Cost Surge
Nintendo raises Switch 2 price by 16.9% to ₩758k starting September 1, citing rising semiconductor costs and global supply chain pressures affecting hardware p…
HighPlayStation scraps live-service model for Horizon Hunters Gathering
Sony's PlayStation is overhauling Horizon Hunters Gathering, stripping its live-service component to become a traditional cooperative multiplayer game after po…
HighFaraday Future Delivers FX Super One to RAK, Signs AI and Web3 Partnership MOU
Faraday Future signed a strategic MOU with RAK Innovation City to collaborate on AI, Web3, and embodied intelligence, while delivering its FX Super One vehicle…
HighMalaysian Energy Tycoon Lim Hang Weng Seeks to Take Yinson Holdings Private for $1.7B
Energy tycoon Lim Hang Weng is in talks to take Malaysian FPSO operator Yinson Holdings private in a $1.7 billion deal with the Employees Provident Fund and sh…
High