Khaled Ayoub

Khaled Ayoub covers business and finance for Beijing Times, reporting on markets, companies, and the economic developments driving the global economy.

Rolls-Royce Lifts Guidance as Defense Spending and AI Data Center Demand Fuel Growth

Rolls-Royce shares surged after the company hiked full-year guidance, driven by rising defense budgets and a more than 50% jump in AI data center power ord

Qualcomm Forecasts Soft Profit and Plans Price Hikes Amid Memory Shortage

Qualcomm forecast soft quarterly profit and said it will raise chip prices amid a memory shortage, as revenue from Apple continues to decline.

Zhongji Innolight Slips in Hong Kong Debut After Year’s Biggest IPO Amid AI Sell-Off

Zhongji Innolight shares fell up to 3% on their Hong Kong debut after the year's biggest IPO raised HK$53.4 billion, as AI sentiment cooled.

US Stock Futures Climb as Microsoft Surges on Strong Earnings After Fed Selloff

US stock futures climbed as Microsoft jumped on strong earnings, helping investors recover from a selloff after the Federal Reserve held rates steady.

Rheinmetall Q2 Revenue Jumps Nearly 70% as European Defense Spending Surges

Rheinmetall reported a nearly 70% surge in Q2 revenue and profit that beat forecasts, fueled by rising European defense spending and a growing order backlo

SoFi Shares Slide Despite Earnings Beat as Investors Question Cautious Guidance

SoFi Technologies shares dropped after topping earnings estimates, as investors focused on restrained guidance and its aggressive consumer lending push.

KLA Shares Tumble on Weak Guidance Despite Fourth-Quarter Earnings Beat

KLA Corporation shares tumbled after weak forward guidance overshadowed a fourth-quarter earnings beat, putting the chip-equipment maker on pace for its wo

Procter & Gamble Beats on Profit but Misses Sales as Consumers Tighten Spending

Procter & Gamble topped profit estimates but missed on revenue as flat volumes and cautious consumers prompted a muted fiscal 2027 outlook.

Oil Prices Slide as US-Iran Talks Fuel Hopes of Lasting De-escalation

Crude prices fell as Trump touted 'friendly talks' with Iran and Netanyahu arrived in Washington, raising hopes of ending the five-month conflict.

Grab Accelerates AI Delivery with Robot Acquisition and New Tech

Grab expands its AI delivery services by acquiring Infermove and launching its AI robot, Carri, to enhance efficiency and reduce costs in Southeast Asia.

Wall Street Bets on Private Credit Woes with New Derivatives

Wall Street banks are trading new derivatives, including credit default swaps, to bet on potential stress and defaults within the rapidly growing private credit market.

Bill Ackman’s Pershing Square Launches $64 Billion Bid for Universal Music Group

Bill Ackman's Pershing Square Capital Management has made a $64.3 billion bid to acquire Universal Music Group, aiming to move its listing to New York and address perceived stock underperformance.

Rubis Explores Potential Merger with Trafigura’s Puma Energy Unit

French fuel distributor Rubis SCA is reportedly in talks to combine with Trafigura Group's Puma Energy unit in a potential cash and share deal valued up to €2.5 billion, aiming to expand its global reach.

Allbirds’ AI Pivot: From Sustainable Sneakers to Speculative Surge and Swift Sell-Off

Allbirds pivots to AI, sparking a massive stock surge driven by retail investors, only to face a swift sell-off as market reality sets in. Explore the dramatic rise and fall.

- A word from our sponsors -

spot_img

Follow us