Khaled Ayoub

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

Paramount Skydance Lifts Profit Outlook, Stays Confident on Warner Bros. Merger

Paramount Skydance lifted its full-year profit guidance and reaffirmed confidence in its Warner Bros. Discovery merger as a judge set a March 2027 trial.

SpaceX Posts Revenue Surge in Debut Earnings on Strong Starlink Growth

SpaceX reported a sharp revenue rise in its debut quarterly earnings, driven by strong Starlink growth, after a turbulent post-IPO slump in its shares.

Shein Targets $30–40 Billion Valuation for August Hong Kong IPO

Shein is targeting a $30–40 billion valuation for an August Hong Kong IPO, a steep discount that has raised questions over whether the listing is necessary

Chipotle Pulls Jalapeños from Some Restaurants Amid US Salmonella Outbreak Probe

Chipotle has removed jalapeños from some US restaurants after identifying them as a possible source of a salmonella outbreak that has sickened about 100 pe

S&P 500 Hits Fresh Record as Analysts Eye 7,620 Level to Confirm Breakout

The S&P 500 returned to all-time highs, but analysts say a decisive close above 7,620 is needed to confirm a breakout amid mixed valuation signals.

Dow Hits Record as Bessent Signals Strait of Hormuz Deal Could Come This Week

U.S. stocks hit records and oil prices fell after Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz could come this week.

AMD Earnings Loom as Key Test for Chip Sector and Momentum Stocks Amid Price Divergence

AMD reports earnings Tuesday in a print seen as a bellwether for chips and momentum stocks, as investors weigh strong results against weak price action.

US Job Openings Slip to 7.4 Million as Labor Market Weathers Iran Conflict

U.S. job openings slipped to a three-month low of 7.36 million in June, but the labor market stayed resilient despite the energy shock from the Iran confli

New Jersey Sues Amazon, Alleging Antitrust Abuses Over Delivery Contractors

New Jersey has filed an antitrust suit against Amazon, alleging its third-party delivery model drives down driver wages and suppresses competition.

Merck Lifts Revenue Outlook on Strong Drug Sales but Trims Profit Forecast

Merck lifted its revenue outlook on strong new drug sales but trimmed its profit forecast to absorb charges tied to its Terns Pharmaceuticals acquisition.

McDonald’s Sales Growth Slows as Budget-Conscious Diners Rein In Spending

McDonald's reported slower U.S. same-store sales growth as budget-conscious diners pulled back, with value deals failing to fully revive traffic.

Caterpillar Shares Surge on Record Revenue Driven by Data Center Demand

Caterpillar shares jumped after reporting record $20.5 billion in quarterly revenue, driven by strong demand from data center and energy infrastructure bui

Spotify Shares Slide as Profit Forecast Disappoints and User Growth Cools

Spotify shares fell after a weaker-than-expected profit forecast and slowing user growth in North America and Europe rattled investors.

Robinhood Shares Rally After Earnings Beat Reinforces Growth Momentum

Robinhood Markets shares surged after quarterly earnings topped Wall Street expectations, reinforcing confidence in the trading platform's diversified grow

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