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.
Bob Iger Honored as Disney Legend With Star-Studded D23 Tribute
Bob Iger received a star-studded tribute at D23 as he was inducted into the Disney Legends, with appearances from Robert Downey Jr., Harrison Ford, and new CEO…
HighVICI Properties beats FFO expectations, raises 2026 guidance
VICI Properties reported Q1 FFO of $0.82, beating consensus by $0.11, with revenue of $1.02B up 3.6% year-over-year. The company raised its full-year 2026 AFFO…
HighMighty Ape shuts Christchurch warehouse as revenue plummets 30%
E-commerce marketplace Mighty Ape has closed its Christchurch distribution centre and reported a 30% revenue drop as parent company Kogan executes a structural…
HighEY invests $100M in bonuses for human skills as AI reshapes workplace
Ernst & Young will award $100 million in bonuses to employees demonstrating human skills like leadership and judgment, positioning itself for a tech-led but hu…
HighDell Shares Surge 30% on AI Server Boom and Strong Guidance
Dell Technologies shares jumped 30-32% in their best trading day ever, driven by surging AI server demand, price increases, and strong data center revenue incl…
HighProtesters target Hyundai over mining company ties ahead of World Cup match
Activists plan to rally against World Cup sponsor Hyundai in Guadalajara, protesting the automaker's supply chain ties to mining company Ternium, which faces a…
HighSamsung to Buy ZF's ADAS Unit for $1.76B, Expanding Auto Tech Push
Samsung's Harman subsidiary will acquire ZF Friedrichshafen's advanced driver-assistance systems business for €1.5 billion, expanding its automotive technology…
HighBanking Outlook Brightens as HDFC, Yes Bank, Telcos Eye Growth Catalysts
Multiple Indian stocks face regulatory changes and strategic moves, including HDFC's asset sales, banking outlook upgrades, 5G spectrum auction approval, and n…
HighVW's Ex-Chief Diess Eyes Farm Sector With Electric Tractor Launch
Herbert Diess, ex-Volkswagen CEO, plans to launch electric tractors with swappable batteries through a new Munich-based company, targeting farmers and municipa…
HighBlue Origin Secures National Security Contract Hours Before New Glenn Explosion
Blue Origin's New Glenn rocket exploded during launch at Florida's Complex 36 hours after the company secured a national security task order, dealing a signifi…
HighIsland Living: The Ultimate Luxury Retreat Comes With Hidden Costs
Private island ownership has surged as a luxury real estate trend, offering ultimate privacy and isolation but requiring significant capital, specialized infra…
HighDOJ Approves $111B Paramount-Warner Bros. Merger
The U.S. Justice Department has approved Paramount's acquisition of Warner Bros. in a $111 billion deal, though potential state lawsuits may still challenge th…
HighOracle's Ellison cancels $7.5B share sale plan after regulatory disclosure
Oracle Chairman Larry Ellison cancelled a plan to sell up to 50 million shares worth $7.5 billion, with no shares sold under the plan. The reversal came one da…
HighBuc-ee's CEO targets conservative states for expansion strategy
Buc-ee's CEO signals the convenience store chain will prioritize expansion in conservative, business-friendly states, with the company opening its first Arkans…
HighIntel Shares Chip Technology With Startup in Rare Strategic Partnership
Intel is providing chip technology to a startup led by a co-investor, marking a rare collaboration that signals the chipmaker's strategic shift toward partners…
HighWedmont Trims Keysight Stake as Institutional Investors Show Mixed Signals
Wedmont Private Capital reduced its Keysight Technologies stake by 6.4% in Q2, while other institutional investors showed mixed activity. The stock trades at $…
HighSemapa's Q4 surge cushions 14% annual profit decline to €106.6M
Portuguese paper and cement company Semapa reported 2020 profits of €106.6M, down 14% year-over-year, but a strong Q4 recovery with 182% profit surge partially…
HighSoftBank cuts Ola Electric stake to 15.68% amid GST headwinds
SoftBank Group divested 2.15% of Ola Electric over two months, reducing holdings to 15.68%. The stake sale coincided with a 7% share price drop, though the com…
HighParag Parikh Fund's ITC Stake Boost Lifts Shares 1% Amid Six-Month Decline
ITC shares gained 1% to ₹317 after Parag Parikh Flexi Cap Fund increased its stake in January 2026, signaling selective accumulation in blue-chip stocks amid t…
HighThai conglomerates cash in on decades-long Vietnam strategy
Major Thai conglomerates including SCG, ThaiBev, and Central Retail report strong financial returns from long-term investments in Vietnam, with revenue growth…
HighMetigy founder seeks leniency after admitting to $15.7M investor fraud
David Fairfull, co-founder of failed AI marketing startup Metigy, admitted to defrauding investors of $15.7 million and using stolen funds to purchase luxury p…
HighRokid and Mudra offer affordable smart glasses with neural wristband control
Rokid unveiled display-free smart glasses paired with Mudra's neural wristband at CES 2026, offering hands-free computing at significantly lower costs than Met…
HighColombiana Elizabeth Rey asume liderazgo regional de Citi en cuatro mercados andinos
Citi designó a la colombiana Elizabeth Rey como líder regional para la integración de cuatro mercados andinos, manteniendo su cargo como Country Officer en Col…
HighApple Watch Series 7 may include non-invasive blood sugar sensor
Korean reports claim Apple will add non-invasive blood glucose measurement to the Apple Watch Series 7, expanding the device's health capabilities alongside Sa…
MediumXbox CEO Asha Sharma defends gaming credentials, denies AI assistance in social posts
Xbox's new CEO Asha Sharma addressed criticism over her lack of gaming experience, clarifying she doesn't pretend to be a gamer but focuses on leading the divi…
HighBioAge Labs to Present Aging-Focused Drug Pipeline at Piper Sandler Conference
BioAge Labs will present its clinical-stage biotechnology platform targeting metabolic diseases through aging biology at the Piper Sandler Healthcare Conferenc…
HighDon't sell your $204k Commbank windfall over 2027 tax changes, expert says
A 30-year Commonwealth Bank shareholder with $204,000 in gains questions whether to sell before July 2027 capital gains tax changes. Financial advisor recommen…
HighTaylor Farms under investigation in multi-state cyclosporiasis outbreak linked to Taco Bell
A cyclosporiasis outbreak affecting five US states has been linked to shredded iceberg lettuce from Taylor Farms supplied to Taco Bell, with 1,644 confirmed ca…
HighCalifornia and 11 States Sue to Block Paramount-Warner Bros. Merger
California and 11 other states filed court challenges against the proposed Paramount-Warner Bros. Discovery merger, citing antitrust concerns. Paramount advise…
HighBrazilian startup Velds democratizes smart homes with affordable, user-friendly automation
Velds, a Brazilian smart home company, demonstrates that residential automation can be simple, affordable, and practical for everyday users without requiring a…
MediumEVERTEC Profit Plunges Despite Raising Guidance, Launching $150M Buyback
EVERTEC posted Q2 revenue of $274.82M but net income fell sharply to $5.41M, while raising full-year guidance and authorizing $150M in buybacks amid Latin Amer…
HighPhilippines' Copper Riches Pit Green Energy Needs Against Indigenous Land Rights
The Philippines seeks to capitalize on massive untapped copper reserves in Tampakan to supply the global EV supply chain, but faces fierce local and environmen…
HighModelo de IA chinês Kimi K3 surpreende mercado e rivaliza com gigantes americanas
Startup chinesa Moonshot lança Kimi K3, modelo de IA que surpreende indústria dos EUA ao igualar qualidade de Claude e ChatGPT com custo significativamente men…
HighEverBank, WaFd to Merge in $3.9B Deal Creating $75B Regional Bank
EverBank and WaFd have agreed to merge in a $3.9 billion reverse merger deal, creating a combined bank with $75 billion in assets and national scale.
HighVictoria Beckham's Fashion Empire Turns Profit After 18 Years
Victoria Beckham's fashion and beauty company achieved its first operating profit of £7.3m in 2025 after 18 years of losses, driven by strong skincare sales an…
HighBlizzard doubles down on nostalgia while struggling to innovate
Blizzard Entertainment revealed updates to legacy franchises at BlizzCon 2026, signaling the company's focus on established IPs rather than new projects amid i…
HighVicki Brady: Telstra's next CEO brings telco expertise and rare leadership blend
Vicki Brady will become Telstra's CEO, making her only the second female executive leading an ASX top 10 company. Her appointment follows extensive experience…
High12 States Sue to Block $110B Paramount-Warner Bros. Discovery Merger
A coalition of 12 states led by California sued to block the $110 billion Paramount-Warner Bros. Discovery merger, arguing it would reduce competition, harm wo…
HighJustice Department Approves Paramount-Warner Bros. Merger
The Justice Department has approved the merger between Paramount Skydance and Warner Bros. Discovery, clearing a major regulatory hurdle for the entertainment…
HighIran conflict prompts airlines to delay aircraft orders, Embraer CEO warns
Embraer CEO reports airlines are delaying aircraft purchase options amid Iran conflict uncertainty and rising jet fuel prices, though the company maintains a s…
HighNeuralink Opens Human Trials for Brain-Computer Interface Implants
Elon Musk's Neuralink has opened recruitment for human clinical trials of brain implants designed to help paralysis patients control computers with their thoug…
HighMajor ETF Holder Boosts CCCS Position 33% as Institutional Ownership Reaches 96%
Multiple institutional investors, including MIRAE ASSET GLOBAL ETFS, increased their positions in CCC Intelligent Solutions (CCCS) during Q1, with the stock tr…
HighScientists Warn Space Mirror Satellites Could Damage Eyes and Disrupt Astronomy
Scientists warn that orbital mirror satellites designed to reflect sunlight could damage human eyes and interfere with astronomical observations, prompting env…
HighSocial Media Regulation Struggles as Platforms Weaponize Addiction for Profit
Meta and other social media platforms face mounting lawsuits and regulatory pressure over engagement-driven business models allegedly harming young users. Regu…
HighSK Signet partners with synergEV to expand ultrafast EV charging across North America
SK Signet, a Korean ultrafast EV charger maker, partnered with US operator synergEV to expand charging infrastructure across North America and Latin America, w…
HighMajor publishers and bestselling author sue Meta over AI training on copyrighted works
Five major publishing houses and bestselling author Scott Turow are suing Meta and CEO Mark Zuckerberg, alleging the company trained its Llama AI models on mil…
HighBandhan Bank shares tumble 10.6% on profit-taking despite strong Q3 fundamentals
Bandhan Bank shares dropped 10.65% over two trading sessions to ₹233.10, driven by profit booking despite strong Q3 fundamentals showing 18.6% YoY loan growth…
HighPayPal board rejects $53B Stripe-Advent offer as inadequate
PayPal's board has deemed a $53 billion acquisition offer from Stripe and private equity firm Advent Capital inadequate, signaling the deal faces significant h…
HighBuffett Steps Down as Berkshire Chairman After 61 Years, Hands Reins to Son
Warren Buffett, 96, has stepped down as chairman of Berkshire Hathaway after six decades, handing leadership to his son Howard while remaining as chairman emer…
HighNintendo Switch 2 sales surge after price hike announcement, causing stock shortages
Nintendo Switch 2 sales spike following announced price increase, causing stock depletion and purchase restrictions at retailers. The company reports 52% profi…
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