Lynn Hatem

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

Unitree Prices Shanghai IPO at $9.04 Billion Valuation as DeepSeek Takes Stake

Robotics firm Unitree priced its Shanghai IPO at a $9.04 billion valuation, with AI developer DeepSeek investing $20.8 million in the listing.

Ford Unveils Fathom Electric Pickup Starting at $28,000 on New EV Platform

Ford has unveiled the Fathom electric pickup starting at about $28,000, the first vehicle built on its new Universal Electric Vehicle platform.

Rockstar Energy Founder Builds Celsius Stake, Pushes Bid to Become CEO

Rockstar Energy founder Russ Savage has built a 4.7% stake in Celsius Holdings and is pushing to become CEO, sending the energy drink maker's shares higher

Joby Aviation Shares Climb 9% on Raised Guidance as eVTOL Peers Lag Behind

Joby Aviation shares rose about 9% after the eVTOL maker lifted its guidance, while peers Archer Aviation and EHang sat out the rally.

Shopify Shares Soar 18% as Upbeat Forecast Shows AI Boosting E-Commerce Business

Shopify shares jumped more than 18% after an upbeat third-quarter forecast signaled its AI investments are attracting merchants rather than disrupting busi

Broadcom Surges on AI Chip Momentum as Analysts Eye Long-Term Upside

Broadcom shares climb as AI semiconductor revenue grows at triple-digit rates, with analysts weighing long-term upside through 2028.

Celsius Shares Tumble as Flagship Brand Sales Slide, Yet Traders Bet on Rebound

Celsius Holdings stock dropped about 17% after quarterly results missed estimates on falling flagship brand sales, though options traders bet on a rebound.

U.S. Mortgage Rates Climb for Fifth Straight Week to Highest Level in a Year

The 30-year fixed U.S. mortgage rate rose to 6.69%, its fifth straight weekly increase and the highest level in over a year, straining homebuyers.

Restaurant Brands Beats Estimates as Burger King’s U.S. Sales Surge

Restaurant Brands International topped quarterly estimates as Burger King's U.S. same-store sales jumped 8.5%, signalling momentum in its turnaround.

Fox Beats Fourth-Quarter Estimates as World Cup Advertising Drives Record Revenue

Fox Corp. reported record fourth-quarter revenue driven by a surge in FIFA World Cup advertising, beating Wall Street estimates and lifting its shares.

Scientists Confirm Wayward SpaceX Rocket Stage Slammed Into the Moon as Predicted

A discarded SpaceX rocket stage slammed into the moon near Einstein Crater on Wednesday after drifting off course for over a year, tracking experts confirm

Salad and Go Files for Bankruptcy as Michigan Cyclospora Outbreak Grows

Salad and Go filed for Chapter 11 bankruptcy as a Michigan cyclosporiasis outbreak reached 12,218 cases and two deaths, deepening the chain's challenges.

Etsy to Cut 12% of Workforce in Restructuring Aimed at Long-Term Growth

Etsy will lay off roughly 12% of its staff in a restructuring effort to streamline operations and position the online marketplace for long-term growth.

E.l.f. Beauty Profits Nearly Double on $50 Million Tariff Refund Windfall

E.l.f. Beauty nearly doubled quarterly profit after a $50 million tariff refund and raised its annual forecasts, drawing fresh Wall Street upgrades.

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