Lynn Hatem

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

Trump Tariffs on Foreign Drone Parts Send US Drone Stocks Soaring

US drone stocks rallied after Trump ordered tariffs on foreign-made components, with Unusual Machines leading gains, in a bid to counter China's drone domi

Norway Wealth Fund Posts Record $184 Billion Profit, Warns of Tougher Times

Norway's $2.3 trillion sovereign wealth fund reported a record $184 billion profit and disclosed a SpaceX stake, but warned of tougher times ahead.

Definium Therapeutics Stock Jumps 20% on LSD Anxiety Drug Trial Success

Definium Therapeutics shares soared about 20% after positive Phase 3 results for its LSD-based anxiety treatment, a milestone for psychedelic medicine.

Potential Workday Deal Sets Floor Under Battered Software Stocks

A potential Workday acquisition has lifted software stocks, with analysts saying it sets a valuation floor after this year's AI-driven selloff.

Goldman Sachs to Buy ETF Provider Neos in $2.3 Billion Deal

Goldman Sachs has agreed to acquire income-ETF provider Neos in a cash-and-stock deal worth up to $2.25 billion, expanding its asset management push.

France’s Top Court Blocks Macron’s Social Media Ban for Under-15s

France's top court struck down a proposed social media ban for under-15s, citing free expression and privacy, as Macron vows to redraft the law.

Intuitive Surgical Stock Sinks 33% in 2026 as Oppenheimer Turns Bullish

Intuitive Surgical shares dropped 33% in 2026, but Oppenheimer turned bullish, arguing rivals are being crowded out of the robotic surgery market.

Reddit Joins S&P 500, Shares Jump 11% After Months of Speculation

Reddit will join the S&P 500, sending shares up about 11% after hours, though analysts flag concerns over its growth and AI-licensing revenue.

Uber and Pony.ai to Deploy Over 2,000 Robotaxis Across Europe

Uber and China's Pony.ai will jointly deploy over 2,000 robotaxis across Europe, one of the largest planned driverless fleet expansions on the continent.

SMIC Raises Chip Prices and Weighs Capacity Expansion on Surging AI Demand

SMIC is raising chip prices and considering new capacity as AI-related demand for mature-node chips surges beyond forecasts, lifting shares after strong Q2

Anthropic Could Seek $3 Trillion IPO Valuation, Topping SpaceX Record

Some investors expect AI developer Anthropic to seek a $2 trillion to $3 trillion IPO valuation, above SpaceX's $1.7 trillion record, a new report says.

Ackman Rebuilds Netflix Stake, Adds Five New Holdings to Pershing Square

Bill Ackman's Pershing Square has re-entered Netflix and added five other new holdings over six months, reversing his 2018 exit from the streamer.

Databricks Raises $5 Billion at $190 Billion Valuation on Agentic AI Boom

Databricks has closed a $5 billion funding round valuing the AI infrastructure firm at $190 billion, fueled by surging demand for agentic AI tools.

Bullish Stock Surges Despite $280M Q2 Loss and 44% Drop in Asset Sales

Bullish shares climbed after the crypto exchange operator reported a $280M Q2 net loss and a 44% drop in digital asset sales.

- A word from our sponsors -

spot_img

Follow us