Khaled Ayoub

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

Musk’s Memory-Chip Warning Sends Micron Past $1,000 as SanDisk Jumps 8%

Micron shares crossed $1,000 and SanDisk jumped 8% after Elon Musk flagged a memory-chip bottleneck, fueling optimism over AI-driven demand.

Apple Heads for Strongest June-Quarter Sales Growth in Five Years

Apple is on track for its strongest June-quarter sales growth in five years, driven by resilient iPhone demand and its expanding services business.

Japan’s Economy Grows Just 1.1% in Q2, Missing 2% Forecast

Japan's economy grew an annualized 1.1% in the second quarter, below the 2% forecast, as flat consumer spending and slowing exports weighed on growth.

JPMorgan Raises S&P 500 Year-End Target to 8,000 on Growth Optimism

JPMorgan has lifted its year-end S&P 500 price target to 8,000 from 7,800, citing resilient earnings and steady economic growth as key drivers.

Nvidia Weighs $3 Billion Investment in SoftBank’s SB Energy for Ohio AI Campus

Nvidia is in talks to invest $3 billion in SoftBank's SB Energy to support a planned Ohio AI data center campus tied to OpenAI, a report says.

Meta Releases Open-Source Muse Glimmer Model as Zuckerberg Warns of AI Concentration

Meta released its open-source Muse Glimmer AI model as CEO Mark Zuckerberg warned against concentrating advanced AI under a few companies or governments.

Bitdeer Stock Wavers After Q2 Earnings and Revenue Miss Estimates

Bitdeer Technologies shares swung after reporting second-quarter earnings and revenue that missed Wall Street estimates, as investors weighed its AI pivot.

Trade Desk Stock Slides as Ad-Tech Slowdown Rattles Investors

The Trade Desk shares fell sharply as investors reassessed the digital advertising firm's growth, exposing broader anxieties across the ad-tech sector.

Standard Chartered Venture Anchorpoint Launches Hong Kong Dollar Stablecoin for Institutions

Standard Chartered-led venture Anchorpoint has begun institutional use of Hong Kong dollar-backed stablecoins, with retail access eyed by end-2026.

Super Micro Stock Rallies After Earnings as Wall Street Reassesses AI Server Demand

Super Micro Computer shares surged after quarterly results, as Wall Street reassessed demand for its AI server systems amid a mix of optimism and caution.

US Retail Sales Fall 0.6% in July as Tax-Refund Boost Fades

U.S. retail sales fell 0.6% in July, the biggest drop since May 2025, as tax-refund spending faded and shoppers cut back on electronics and online purchase

US Wholesale Prices Flatten in July as Gas and Food Costs Fall

U.S. wholesale prices were flat in July, below expectations, as gas and food costs fell and annual producer inflation slowed to 4.7%.

US Mortgage Rates Fall to 6.67%, First Drop in Six Weeks

The average U.S. 30-year mortgage rate fell to 6.67%, its first decline in six weeks, though borrowing costs remain higher than a year ago.

Yen Weakens Again After Intervention Fades, But Japan Retains $1 Trillion Firepower

The yen is sliding again weeks after intervention faded, but Japan's roughly $1 trillion in reserves leaves room for further yen-buying, Goldman Sachs says

- A word from our sponsors -

spot_img

Follow us