Lynn Hatem

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

GameStop Weighs Withdrawing Its Bid to Acquire eBay

GameStop is considering pulling its bid to acquire eBay, according to a Bloomberg News report, potentially ending an unexpected retail-commerce tie-up.

Berkshire Hathaway Rallies on Strong Earnings and Buyback, but Michael Burry Stays Out

Berkshire Hathaway shares rose on strong earnings and a big buyback under CEO Greg Abel, but investor Michael Burry signaled concern about its new era.

SanDisk Stock Slides as Memory-Chip Selloff Tests AI Rally

SanDisk shares fell as a memory-chip selloff tested this year's AI-driven rally, raising questions over stretched valuations and the durability of AI deman

Boeing Folds Flying-Taxi Venture Into Rival Archer Aviation for Equity Stake

Boeing is selling three eVTOL subsidiaries to Archer Aviation in exchange for an undisclosed equity stake, consolidating its flying-taxi ambitions.

Embraer Stock Surges on Booming Earnings and Record Backlog, Outpacing Boeing and Airbus

Embraer shares jumped after strong quarterly earnings and a record order backlog positioned the Brazilian jet maker to outpace Boeing and Airbus in growth.

Walmart and Target Earnings to Reveal Health of U.S. Consumer

Walmart and Target report quarterly earnings that will signal how U.S. shoppers are holding up against persistent inflation and shifting spending patterns.

Intel Upsizes Stock Offering to $20 Billion as Demand Locks Out a Third of Investors

Intel expanded its stock offering to $20 billion on strong demand, with a third of investors receiving no shares as it funds AI chip manufacturing.

Plug Power Stock Surges on Improved Margins as On Holding Tumbles

Plug Power shares jumped after improved margins in its latest quarterly results, while On Holding stock tumbled on disappointing guidance.

Nvidia Signs $500 Billion Wall Street Deal to Fund AI Infrastructure

Nvidia has partnered with six Wall Street firms including Apollo, BlackRock, Goldman Sachs and KKR to raise over $500 billion for AI infrastructure.

Sony and TSMC to Invest $4.7 Billion in Image-Sensor Joint Venture

Sony and TSMC will invest $4.7 billion in a joint venture to produce image sensors, deepening their chipmaking partnership in Japan.

Cardinal Health Stock Surges as Company Lifts Full-Year Profit Outlook

Cardinal Health shares jumped after the healthcare distributor reported mixed sales but lifted its full-year profit guidance, reassuring investors.

Barrick Settles Newmont Dispute, Clearing Path for Year-End Gold IPO

Barrick reached a deal with Newmont to combine North American mines, clearing the way for an IPO of its gold assets by year-end. Barrick shares fell.

SpaceX Stock Rebounds to Near $135 IPO Price After Strong Earnings

SpaceX shares climbed back toward their $135 IPO price after stronger-than-expected second-quarter revenue and a widely watched share unlock.

Tata Chairman Chandrasekaran to Step Down in February After Board Rift

Tata Group chairman N Chandrasekaran will not seek reappointment when his term ends in February, following tension with the controlling Tata Trusts.

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