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.
Meta's $9.5T Valuation Bet: Executive Pay Tied to Unprecedented Market Cap
Meta granted sweeping stock option packages to five senior executives with strike prices requiring the company to reach an unprecedented $9.46 trillion valuati…
HighNvidia ships H200s to China but forecasts zero China data-centre revenue
Nvidia confirmed first H200 shipments to China under new US licensing, though sales represent less than 1% of data-centre revenue. The company forecasts 70% re…
HighWolverine World Wide Reaffirms $2.24B-$2.30B FY21 Revenue Outlook
Wolverine World Wide reaffirmed its FY21 revenue outlook of $2.24-$2.30 billion, citing accelerating Q2 performance driven by strong brand momentum and interna…
HighIberdrola celebra junta con récord de beneficios y ratifica a Azagra
Iberdrola holds its annual shareholder meeting to ratify CEO Pedro Azagra and approve a record 6.285 billion euro profit for 2025, proposing a complementary di…
HighChina's copper dominance poses hidden security threat to Western nations
China's state-subsidized copper smelters are consolidating control over global copper processing, creating potential geopolitical vulnerabilities for Western n…
HighLenskart shares rebound 5% after Rs 5,316-crore block deal clears 6% stake
Lenskart shares rebounded 5% after a Rs 5,316-crore block deal involving 6.46% equity stake, executed at a 3.9% discount following shareholder lock-in expiry.
HighDisney Reports Q3 Earnings as D'Amaro Charts Growth Strategy
Disney reports Q3 fiscal earnings with focus on streaming and theme parks performance under new CEO Josh D'Amaro, who has implemented cost-cutting measures inc…
HighQantas eyes fare hikes and expanded fees as profits hit four-year low
Qantas reported its lowest pre-tax profits in four years due to fuel costs, signaling plans to increase ticket prices and expand add-on fees at budget carrier…
HighFive Star Bancorp Prices $113.6M Stock Offering at $44 Per Share
Five Star Bancorp priced a public offering of 2.7M shares at $44 per share, raising approximately $113.6M to fund growth and working capital for its California…
HighTesla beats Q4 revenue estimates on record EV deliveries
Tesla exceeded Q4 revenue estimates at $24.32B, driven by record EV deliveries, though steep price cuts signal a shift toward growth over profit margins amid s…
HighNvidia Nears $3T Valuation as Huang Completes $700M Stock Selloff
Nvidia's stock surged 4% to $121 as CEO Jensen Huang completed a $700M share selloff, pushing the chip maker's valuation near $3 trillion. Huang sold 6 million…
HighNvidia beats earnings expectations despite $8B China export ban hit
Nvidia reported better-than-expected Q1 earnings with 73% data center growth, though an $8 billion revenue hit from China H20 chip export restrictions tempered…
HighColes walks away from $4B Greencross Pet Wellness acquisition talks
Coles has ended acquisition discussions with TPG Capital regarding Greencross Pet Wellness Company, valued at approximately $4 billion. The supermarket's stock…
HighMajor Indian Stocks in Focus as Q2 Results Roll In
Multiple large-cap Indian companies including RIL, Axis Bank, ITC, and Bajaj Finance reported strong Q2 earnings with double-digit profit growth, while Asian P…
HighNauru triggers two-year deadline for deep-sea mining rules at U.N. authority
Nauru has invoked a two-year rule requiring the UN International Seabed Authority to finalize deep-sea mining regulations, pressuring global consensus on extra…
HighAMD CEO: Xilinx acquisition 'playing out exactly as hoped' amid chip downturn
AMD CEO Lisa Su says the company's $49B Xilinx acquisition is delivering as planned, diversifying away from PCs into data center and embedded markets while fac…
HighApple's New CEO Faces Baptism by Fire With Foldable iPhone Launch
Apple unveils its first foldable iPhone at a Sept 9 event under new CEO John Ternus, expected to start at $2,000 and potentially capture 31% of the foldable ma…
HighNadella's $79M pay package reflects Microsoft's AI pivot, legacy products sidelined
Microsoft CEO Satya Nadella received a $79.1M compensation package while his shareholder letter emphasized AI 152 times, notably omitting Windows and Surface—s…
HighRealty Income's Asset Management Fund Emerges as Fast-Growing Revenue Driver
Realty Income launched an asset management fund in 2025 that has grown to $2.6B in fee-earning equity, generating $3.2M quarterly in management fees and enabli…
HighGameStop CEO's Unconventional eBay Bid Raises Questions About Company Direction
GameStop CEO Ryan Cohen is pursuing a $56 billion acquisition of eBay while admitting he lacks passion for GameStop, funding the bid through asset liquidation…
HighNvidia CEO Huang heads to China in late January to navigate chip market reopening
Nvidia CEO Jensen Huang plans a late January trip to China to address market access and supply chain issues for the company's AI chips amid U.S.-China regulato…
HighEngineers India Shares Plunge 10% as Q4 Profit Tumbles 30%, EBITDA Halves
Engineers India Limited shares crashed over 10% after reporting a 30% drop in Q4 net profit and 50% EBITDA decline, becoming the top loser in Nifty 500 index.
HighIndian Blue Chips Post Strong Q1 Earnings; HDFC-HDFC Bank Merger Gets CCI Nod
Major Indian corporations including ONGC, LIC, and Godrej Industries posted strong June quarter earnings, while HDFC Bank's merger with parent HDFC Ltd receive…
HighApple Watch 8 may gain blood sugar monitoring via Rockley Photonics sensors
Apple is reportedly partnering with sensor maker Rockley Photonics to integrate non-invasive blood glucose monitoring into future Apple Watch models, potential…
MediumChevron expands Venezuela operations under Trump's controversial oil deal
Chevron confirmed expansion in Venezuela with $7B investment over five years following a Trump administration deal that includes Pentagon profit stakes, despit…
HighGrab bets $1.49B on Atome to scale Southeast Asia financial services
Grab is acquiring Singapore-based buy-now, pay-later platform Atome Financial for $1.49 billion to expand its consumer lending business across Southeast Asia,…
HighIndian Markets Extend Losses Amid Tariff Uncertainty, Geopolitical Tensions
Indian equities fell for a fifth consecutive session with Sensex down 400 pts and Nifty at 25,550, driven by US tariff concerns, geopolitical tensions, and sus…
HighRogers Communications won't appeal court ruling backing Edward Rogers's board overhaul
Rogers Communications won't appeal a B.C. court decision upholding Edward Rogers's authority to reconstitute the board using family trust voting power, reinsta…
HighAndy Jassy shares 9 things he’s learned over 28 years at Amazon
In his latest annual letter to shareholders, Jassy underscores the value of cultivating a culture that can cope with squiggly lines.
MediumSBI Funds Management IPO priced at ₹545-574, targets ₹11,962 crore raise
SBI Funds Management, India's largest mutual fund house, has priced its IPO at ₹545-574 per share, aiming to raise ₹11,692 crore while enhancing visibility and…
HighRivian shares plunge 18% as $1.5B stock offering overshadows revenue gains
Rivian's announcement of a 75 million share offering to raise $1.5B capital triggered an 18% stock decline, the worst day in nearly two years, despite upbeat r…
HighCentum Electronics Targets 25-30% Growth Despite Margin Miss and European Losses
Centum Electronics reported Q4 2026 earnings with strong revenue growth but EBITDA margins below guidance at 12.5%, driven by unfavorable EMS product mix and o…
HighPajson Agro posts 37% revenue growth to ₹257cr on institutional shift
Pajson Agro India Ltd reported FY26 total income of ₹256.92 crore, up 37.19%, with PAT growing 21.41% to ₹24.78 crore. The cashew processor is preparing major…
HighSalesforce Begins New Round of Layoffs Amid AI Revenue Growth
Salesforce is conducting layoffs while simultaneously reporting $1.2B in AI revenue and executing a $50B share buyback, raising questions about workforce strat…
HighApple Shares Rise on Strong iPhone 17, MacBook Neo Demand Forecast
Apple exceeded Q2 earnings estimates driven by robust iPhone and Mac sales, with strong revenue guidance signaling resilience amid supply chain challenges.
HighAbaCore gets SEC approval for P418.6M dividend distribution to shareholders
AbaCore Capital Holdings Inc. secured SEC approval to distribute P376.7 million in property dividends and P41.9 million in cash dividends to shareholders, with…
HighPalladyne AI Surges on Raised 2026 Revenue Guidance
Palladyne AI raised its 2026 revenue guidance to $24-27M, representing 336-440% growth from 2025, driven by recent acquisitions and contracted customer demand.…
HighSanDisk Dips Despite Citi's Bullish $2,025 Target on AI-Driven NAND Surge
SanDisk shares declined slightly despite Citi raising its price target to $2,025, citing surging AI demand driving a projected 186% NAND flash memory price inc…
HighNintendo's Earnings Surge on Tariff Refunds, Not Passed to Consumers
Nintendo's earnings beat expectations largely due to US tariff refunds rather than core gaming revenue, with the company keeping financial benefits from price…
HighTrent Q1 misses revenue targets; brokerages split on outlook with mixed ratings
Trent's 19% Q1 revenue growth fell slightly short of estimates, prompting mixed analyst views. Bernstein remains bullish while Morgan Stanley and Citi express…
HighIndia-UK trade deal takes effect: Textiles and Scotch poised for growth
India and UK's new free trade agreement eliminates tariffs on most goods, with immediate benefits for textiles and spirits. Success depends on businesses navig…
HighGOP Launches Probe Into Altman's Conflicts as OpenAI Eyes IPO
Republican lawmakers and state attorneys general are investigating Sam Altman's personal investments and potential conflicts of interest as OpenAI prepares for…
HighAsian Paints surges on Q4 beat; brokerages see 34% upside but remain divided
Asian Paints shares surged 3% after Q4 FY26 results exceeded expectations with 69.3% YoY profit growth, though brokerages remain divided on future outlook with…
HighSoftBank shares hit record high on earnings beat, Vision Funds surge
SoftBank Group's shares surged 10% to a record 13,865 yen after posting Q1 profit of 421.8 billion yen, nearly 3.3x analyst expectations, driven by gains in Vi…
HighCNN's Paula Reid exits for MS NOW amid leadership uncertainty post-merger
CNN legal journalist Paula Reid is leaving for MS NOW amid concerns over Paramount's acquisition and potential leadership changes at the network, with multiple…
MediumParamount-Warner Merger Faces October Settlement Deadline in State Antitrust Challenge
Paramount and state attorneys general have scheduled antitrust settlement talks for October regarding Paramount's proposed acquisition of Warner Bros., with Pa…
HighSmall Axe Peppers CEO touts community gardens as urban green spaces
Small Axe Peppers CEO discusses the hot sauce company's community garden partnerships, supply chain challenges, and inflation impacts on small business operati…
MediumMicrosoft projects sustained AI revenue growth, stock gains on earnings confidence
Microsoft reports sustained cash generation from AI investments, driving share price increases. The company signals confidence in AI monetization despite compe…
HighAxoGen Surges 12% on Q1 Beat, Raised Guidance, Debt-Free Status
AxoGen stock jumped 12% after beating Q1 revenue expectations, posting adjusted profitability, and eliminating debt through a successful equity offering, signa…
HighBonterra Energy's Persistent Losses Challenge Valuation Case Despite Discount
Bonterra Energy reported Q4 2025 losses continuing a multi-quarter decline, with trailing 12-month net loss of C$17.1M despite C$216.6M revenue, raising questi…
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