Lynn Hatem

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

Author's Latest

Cerebras Stock Plunges as AI Chipmaker Swings to Quarterly Loss

Cerebras shares tumbled after the AI chipmaker swung to a quarterly loss, testing investor confidence in the sector despite continued revenue growth.

SanDisk Shares Surge 12% After Unveiling Growth Targets Through 2030

SanDisk stock jumped about 12% after unveiling long-term revenue and profit targets through 2030 at its Investor Day, lifting memory peers and prompting an

Tapestry Forecasts Strong Annual Profit as Coach Lures Young Shoppers

Tapestry forecast strong annual profit on Coach's momentum with younger consumers, though shares slid as the outlook met lofty investor expectations.

Anthropic CFO Krishna Rao Opens Early IPO Talks With Investors

Anthropic CFO Krishna Rao is leading early investor meetings focused on Claude AI and management, with valuation not yet discussed, sources say.

OpenAI Revenue Chief Denise Dresser Quits After Less Than a Year

OpenAI revenue chief Denise Dresser is leaving after less than a year, the second major executive exit in days as the company eyes a potential IPO.

Luigi Mangione Expected to Plead Guilty in Federal Case Over Insurance CEO Killing

Luigi Mangione is expected to plead guilty in the federal case over the killing of UnitedHealthcare CEO Brian Thompson, as lawyers meet prosecutors.

Steve Eisman Warns China’s AI Models Are ‘Achilles’ Heel’ of Boom

'Big Short' investor Steve Eisman warns that low-cost Chinese AI models pose the biggest risk to a rally reliant on OpenAI and Anthropic.

Workday Surges 20%, Trading Halted on Silver Lake Takeover Talks

Workday shares jumped about 20% before trading was halted on a report that Silver Lake is in talks to take the software company private.

Intuitive Machines Stock Drops 9% After Q2 Loss and Revenue Miss

Intuitive Machines shares fell about 9% after the lunar company reported a wider Q2 loss and revenue below Wall Street forecasts.

Home Depot CEO Ted Decker Takes Medical Leave, Two Executives Assume Control

Home Depot CEO Ted Decker is taking a temporary medical leave expected to last several months, with two senior executives assuming day-to-day control.

Telstra CEO Vicki Brady Gets $700,000 Pay Rise Despite Nationwide Outage

Telstra awarded CEO Vicki Brady A$6.8m for the year, a A$700,000 rise, even after docking her bonus over a nationwide network outage in July.

YMTC Breaks Into Global Top 3 NAND Suppliers With 14% Share

Yangtze Memory Technologies captured 14% of global NAND flash bit shipments in Q2, entering the world's top three suppliers for the first time.

Lenovo Profit Beats Estimates as AI Servers Drive 43% Revenue Jump

Lenovo Group posted a 43% surge in quarterly revenue and stronger-than-expected profit, driven by booming demand for AI computers, servers and services.