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.
Elon Musk’s xAI Seeks $20 Billion Funding Round to Boost AI Expansion
Elon Musk's xAI Holdings is reportedly in discussions with investors to raise $20 billion, which would value the company at over $120 billion. This...
Elon Musk’s xAI Eyes $20 Billion Funding Round Amid AI Expansion
Elon Musk’s artificial intelligence venture, xAI Holdings, is reportedly in advanced discussions with investors to secure a new round of funding totaling approximately $20...
Business Jet Market Faces Sharp Decline Amid Economic Uncertainty
As consumer confidence declines, demand for commercial air travel is softening, and even high-net-worth individuals are scaling back. A recent survey conducted by Barclays...
MercadoLibre CEO Sees Opportunity for Latin America Amid U.S.-China Trade War
Marcos Galperin, the CEO and founder of MercadoLibre, sees major potential for Latin America amid the ongoing trade tensions between the United States and...
Novo Nordisk Wins Court Battle to Block Compounded Wegovy and Ozempic
Novo Nordisk has secured a significant legal victory that effectively limits the ability of compounding pharmacies to market or sell less expensive, unapproved versions...
How Tariff Fears Are Reshaping U.S. Consumer Spending in 2025
As tariffs loom over the economy, consumers are showing a divided response, with certain sectors seeing a rush in purchases while broader retail trends...
Asian Stocks Set for Second Consecutive Week of Gains Amid U.S.-China Trade Hopes
Asian stock markets are on track to post a second consecutive week of gains, with the dollar heading for its first weekly rise in...
Oil Prices Rise Amid U.S.-China Trade Hopes, But Weekly Decline Looms
Oil prices experienced a modest increase for the second consecutive session on Friday, driven by signs of a potential easing of tensions in the...
Revolut Hits $1 Billion Profit as It Prepares UK Bank Launch
British fintech firm Revolut has reached a major milestone, announcing a net profit of £1.1 billion ($1.5 billion) for the year ending December 31,...
Adobe to Launch Mobile Version of AI Image Generator Firefly
Adobe has announced plans to launch a mobile version of its Firefly AI image generation tool, enhancing its challenge to competitors like OpenAI. At...
South Korea Investigates DeepSeek for Unauthorized Data Transfers
South Korea's data protection authority, the Personal Information Protection Commission (PIPC), has determined that Chinese AI startup DeepSeek collected personal data from local users...
ServiceNow Shares Surge After Strong Q1 Results and Upbeat Forecast
ServiceNow saw its shares surge more than 15% after posting stronger-than-expected first-quarter results and issuing an optimistic full-year forecast, despite the ongoing macroeconomic uncertainties....
Meta Lays Off Employees in Reality Labs as It Restructures for Future VR and AR Growth
Meta has made significant layoffs in its Reality Labs division, which focuses on developing virtual reality (VR), augmented reality (AR), and related wearable devices....
Waymo Surpasses 250,000 Weekly Robotaxi Rides as It Expands in the U.S.
Alphabet's autonomous vehicle division, Waymo, has hit a new milestone, now delivering more than 250,000 paid robotaxi rides per week across the United States....
