Nex Playground CEO on Family Gaming Console That Outsold Xbox
Nex Playground, a family-focused gaming console, outsold Xbox during Black Friday 2025 and is expanding globally with major IP partnerships including Bluey, Barbie, and Ninja Turtles.
economy
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.
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Analysts Split on Consumer Cyclical Stocks as LTH Eyes 37% Upside
Analysts remain divided on consumer cyclical stocks including Life Time Group Holdings and Advance Auto Parts, with mixed ratings and varying price targets reflecting sector uncertainty.
Intel plunges 17% on weak forecast, manufacturing woes deepen turnaround challenge
Intel shares fell 17% after CEO warned of manufacturing challenges and issued disappointing first-quarter forecasts, marking the worst single-day decline in 17 months despite recent investor optimism.
Nvidia 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 regulatory tensions.
WTTC relocates global headquarters to Madrid under trilateral agreement
The World Travel and Tourism Council (WTTC) has signed a memorandum to move its global headquarters to Madrid, following a unanimous decision by its board. The move aims to strengthen Spain's position as a global tourism leader and boost sector growth.
Bandhan Bank rallies 6% as brokerages turn bullish despite 52% YoY profit decline
Bandhan Bank shares jumped 6% after Q3 results showed 52% YoY profit decline but strong sequential recovery and improving asset quality, prompting multiple brokerage upgrades.
Amazon Renews 'Elle' Prequel Before First Season Premiere
Amazon Prime Video renewed its 'Legally Blonde' prequel series 'Elle' for season two ahead of its July 1 premiere, following young Elle Woods' high school years with Lexi Minetree in the lead role.
Foreign investors dump ₹22,420 crore in Jan 2026, FMCG bears brunt
Foreign investors withdrew ₹22,420 crore from Indian markets in early January 2026, with FMCG sector suffering the largest sell-off of ₹6,128 crore due to high valuations. Metals and mining emerged as the only sector attracting significant foreign buying.
Nadella avisa: IA perderá apoio público se não tiver utilidade prática
Satya Nadella, CEO da Microsoft, alertou em Davos que a IA perderá apoio público se não contribuir utilmente para saúde, educação e eficiência económica.
Gloria Guevara Returns as WTTC President and CEO as Organization Relocates to Madrid
The World Travel and Tourism Council (WTTC) has appointed Gloria Guevara as president and CEO, a role she held interim since September following Julia Simpson's departure. The organization has also relocated its headquarters to Madrid.
Luminous appoints Vivek Abrol as MD and CEO to lead solar expansion
Luminous Power Technologies has appointed Vivek Abrol as MD and CEO, replacing Preeti Bajaj who moves to parent company Schneider Electric. Abrol brings 25 years of leadership experience to drive expansion into solar and consumer energy solutions.
Samsung Galaxy S26 Ultra tipped for February launch with efficiency-focused upgrades
Samsung's Galaxy S26 Ultra is expected to launch in February 2026 with incremental upgrades focused on display efficiency, camera performance, and 60W charging rather than dramatic design changes.
Telefónica enlists Morgan Stanley to pursue Vodafone Spain acquisition
Telefónica has engaged Morgan Stanley alongside AZ Capital to advise on acquiring Vodafone Spain from Zegona, with a potential capital increase needed to finance the deal amid new EU regulations facilitating telecom consolidation.
Police seek public help to find woman missing since August in Rompin
Malaysian police are appealing for public assistance to locate a 45-year-old woman missing since August 2025. Norazmawati Mohd Darwi, a babysitter, was last seen in Rompin and has not contacted her family.
TSMC advierte sobre una posible burbuja de IA mientras sus ganancias se disparan un 46%
TSMC, el mayor fabricante de chips mundial, registró ganancias récord de 54.364 millones de dólares en 2025 (+46,4%), pero su CEO advierte dudas sobre si la industria puede mantener el ritmo de demanda de IA en los próximos cinco años.
Infosys Shares Surge 5% on Raised FY26 Guidance, Strong AI Demand
Infosys shares jumped 5.1% to ₹1,682 after reporting 8.9% revenue growth and raising FY26 guidance to 3-3.5%, driven by AI-led demand despite a one-time labour code expense.
India's Q3 earnings season accelerates with RIL, Wipro, Tech Mahindra reporting today
India's Q3 earnings season intensifies with major companies reporting results. Infosys raised guidance and saw 10% ADR jump, while LTTS cut guidance, signaling mixed corporate performance.
DeFi Technologies faces securities fraud lawsuit over misleading statements
The Schall Law Firm is recruiting investors in a securities fraud class action against DeFi Technologies Inc. (NASDAQ: DEFT) for allegedly making false statements about its arbitrage strategy and competitive position between May-November 2025.
Trip.com shares plunge 22% as China launches antitrust probe into travel giant
Trip.com's Hong Kong-listed shares crashed 22% after China's regulators launched an antitrust probe into suspected market abuse. Potential fines could reach $702.6 million, with possible divestment requirements.
WTTC to establish permanent Madrid headquarters, hiring 45 international staff
The World Travel & Tourism Council (WTTC) is establishing its permanent headquarters in Madrid, relocating from London with plans to hire 45 international staff. The move reflects Spain's position as a global tourism capital and comes as US tourism faces $19 billion revenue losses due to Trump administration migration policies.
Palladyne 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. Shares surged 10.5% on the announcement.
Analysts Bullish on Healthcare Trio: KPTI, ESTA, INSM
Multiple analysts have issued Buy ratings on healthcare stocks KPTI, ESTA, and INSM, with price targets suggesting significant upside potential ranging from 15% to 62%.
Australian shares hit two-month high as miners surge on commodity rally
Australian shares reached a two-month high Tuesday, driven by mining stocks rebounding on surging copper and gold prices amid strong global demand.
Indian 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 sustained FII selling of Rs 8,807 crore in January.