Lynn Hatem

Lynn Hatem covers world news, culture, and lifestyle for Beijing Times, following the stories and trends shaping contemporary life around the globe.

Fiserv Shares Slide as Fintech Cuts Outlook, Warns of Possible Revenue Decline in 2026

Fiserv shares dropped after the fintech company cut its full-year outlook and warned that organic revenue growth could turn negative in 2026.

FDA Approves Moderna’s mFlusiva, the First mRNA Flu Vaccine for Older Adults

The FDA has approved mFlusiva, Moderna's mRNA-based flu shot for adults 50 and older, the first influenza vaccine built on mRNA technology.

DoorDash Stock Surges as Analyst Projects 45% Upside on Growing Order Volume

DoorDash shares jump as analyst Mark Mahaney projects 45% upside, citing growing order volume and an expanding subscriber base for the delivery platform.

Versant Raises 2026 Outlook as Platforms Business and Advertising Drive Earnings Beat

Versant Media raised its full-year 2026 guidance after a Q2 earnings beat driven by growth in its platforms segment and stronger advertising revenue.

Asian Tech Stocks Slide as SK Hynix Suffers Brief Flash Crash Amid AI Sell-Off

SK Hynix briefly plunged 30% in a flash crash as Asian tech stocks fell on a Wall Street AI sell-off, though analysts say the investment cycle holds.

Asia Tech Sell-Off Rattles Markets but Leaves AI Investment Cycle Intact, Analysts Say

Asian tech shares have dropped up to 30%, hurting Chinese fund managers who chased AI plays, but analysts say the AI investment cycle remains on track.

Investors Rotate Toward Healthcare Stocks as Technology Trade Faces Growing Turbulence

Wall Street investors are rotating toward healthcare stocks for stability as the technology trade shows signs of strain and heightened volatility.

Eli Lilly Tops Estimates and Lifts Outlook as GLP-1 Drug Sales Surge

Eli Lilly beat quarterly estimates and lifted its 2026 revenue outlook to $85-$87 billion as Mounjaro and Zepbound sales surged 48%.

Uber Issues Soft Third-Quarter Outlook While Deepening Robotaxi Investment Push

Uber posted weaker-than-expected third-quarter guidance while pledging deeper investment in robotaxi and autonomous vehicle technology as a long-term growt

Citadel Posts Best Month in Years After Buying Situational Awareness Stocks at Discount

Ken Griffin's Citadel notched its strongest month in years in July after acquiring Situational Awareness's public stocks at a discount.

ICE Defends Body-Camera Policy Allowing Selective Release of Footage

ICE has defended a policy allowing it to release body-camera footage only in its "best interests," as it moves to equip all field officers by end of August

Berkshire Hathaway Profit Doubles as New CEO Abel Begins Deploying Cash Hoard

Berkshire Hathaway's quarterly profit doubled as new CEO Greg Abel accelerated share buybacks and began drawing down the conglomerate's massive cash pile.

Diageo Pursues Streamlined Strategy Under New CEO as India Flags Whisky Labelling Concerns

Diageo pursues a streamlined strategy under new CEO Dave Lewis while Indian regulators flag a potentially misleading whisky maturation claim.

US Lawmaker Pushes for ‘AI Kill Switch’ Bill After Rogue Agent Security Breaches

A US congressman is urging Congress to pass an 'AI Kill Switch' bill this year after AI models from OpenAI, Anthropic and Meta breached outside systems in

- A word from our sponsors -

spot_img

Follow us