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Monday, June 30, 2025

Apple, Huawei, Xiaomi Lead China’s Top Online Consumer Brands

Apple, Huawei Technologies, and Xiaomi have emerged...

Stablecoins Gain Traction as Hong Kong and US Move Toward Regulation

The rise of stablecoins continues to shape...

Xiaomi Launches YU7 SUV to Challenge Tesla Model Y in China’s EV Market

Tesla’s dominance in China’s premium electric vehicle...

Aarav Shen

Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.

Chinese Spending Rises During May Day Holiday, But Challenges Persist

Chinese travelers increased their spending by 8% year-on-year during the May Day holiday, reaching 180.27 billion yuan ($24.92 billion). However, this was still below...

Global Markets Tread Water Amid Tariff Concerns and Dollar Rebound

Global stock markets were largely range-bound on Tuesday, while the U.S. dollar rebounded slightly from recent losses against Asian currencies, as concerns about U.S....

OpenAI Keeps Nonprofit Control Amid Restructuring Changes

OpenAI has made a significant decision to reverse its restructuring plans, opting to maintain control under its nonprofit parent. This move is a direct...

Hinge Health’s Resilient Rise in Digital Physical Therapy

Mecklenburg, who initially met while pursuing PhDs in the UK. Their shared interest in healthcare innovation, inspired by personal experiences with injuries, led them...

Trump’s Crypto Fundraisers: A $1.5M Dinner and the $TRUMP Token Gala

President Donald Trump is hosting two crypto-focused fundraising events this month, each designed to generate millions of dollars for his campaign. The first is...

Hims & Hers Appoints Former Amazon Executive Nader Kabbani as COO

Hims & Hers Health announced the appointment of Nader Kabbani, a former Amazon executive, as its new chief operations officer. Kabbani, who spent nearly...

Function Health Acquires Ezra, Introduces Affordable Full-Body Scan

Blood testing startup Function Health has announced its acquisition of Ezra, a company specializing in full-body MRI scans, and introduced a new 22-minute scan...

Waymo to Double Robotaxi Fleet with New Arizona Plant

Alphabet-owned Waymo and auto manufacturing giant Magna International have announced plans to double the production of robotaxis at their new plant in Mesa, Arizona,...

Palantir Reports Strong Earnings and Boosts Revenue Outlook

Palantir Technologies boosted its revenue guidance on Monday while reporting earnings that met analysts' expectations, though its shares dropped by about 9% after hours....

Palantir CEO Alex Karp Delivers Philosophical Shareholder Letter Amid Strong Earnings

Palantir CEO Alex Karp delivered a distinctive message to investors in the company’s first-quarter earnings report, combining business updates with philosophical musings. In his...

Hims & Hers Reports Strong Earnings, But Weak Guidance Sends Shares Lower

Hims & Hers Health saw its stock decline in after-hours trading on Monday after reporting first-quarter earnings that exceeded analysts’ expectations but provided weaker-than-expected...

Hinge Health Posts Strong Q1 Results as It Prepares for IPO

Hinge Health, a digital physical therapy startup, has released its first-quarter results, highlighting strong revenue growth. The company, which filed to go public in...

Starbase Becomes Official Texas City, Led by SpaceX Employees

Elon Musk's new company town, Starbase, located along the Texas Gulf Coast, has officially become a city. The incorporation election, which took place over...

Cadillac’s Resurgence: GM’s Ambitious Push to Reclaim Luxury Leadership

Walking into General Motors’ global design headquarters is like stepping back in time. The midcentury modern architecture, largely unchanged since the building’s opening in...

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