Lynn Hatem

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

Anthropic Signs $35 Billion Cloud Deal With Nvidia-Backed Lambda

Anthropic has agreed to a $35 billion cloud computing deal with Nvidia-backed Lambda, adding to a rapid series of AI compute commitments.

Global Bond Selloff Pushes Yields to Highest Levels Since 2008

A worldwide bond selloff has pushed government yields to their highest since 2008, raising mortgage, loan and financing costs for households and businesses

John Ternus Takes Over as Apple CEO, Ending Cook’s 15-Year Run

John Ternus became Apple's CEO on Tuesday, ending Tim Cook's 15-year run as the company faces AI pressure and rising memory prices.

Global Bond Yields Hit Multi-Decade Highs as Iran Conflict Revives Inflation Fears

Bond yields surged across major markets on September 1 as US-Iran hostilities revived energy and inflation fears, driving Japan and UK rates to decades-hig

Morgan Stanley Lifts Robinhood Target to $150, Sees 43% Upside

Morgan Stanley raised its Robinhood price target to $150 from $124 on September 1, citing 43% upside from deeper user monetization rather than crypto.

Trump Warns Communities Opposing AI Data Centers Risk Becoming ‘Backwards and Poor’

President Trump warned US communities rejecting AI data centers risk becoming 'backwards and poor,' as local resistance grows ahead of November's midterms.

Bessent Urges Japan to Hike Rates and Strengthen Yen

US Treasury Secretary Scott Bessent called on Japan to raise interest rates and steady its finances, pointing to a possible Bank of Japan hike in September

Shein Shares Plunge Up to 28% in Grey Market Before Hong Kong Debut

Shein shares fell as much as 28% in the grey market a day before its Hong Kong listing, deepening doubts over the fast-fashion giant's cut valuation.

Shein Shares Drop 8% in Hong Kong Trading Debut After Multi-Year Wait

Shein began trading in Hong Kong on Tuesday, opening flat before falling about 8%, giving the first market read after years of listing delays.

Moody’s Affirms Aon Rating but Cuts Outlook on $17B USI Deal

Moody's affirmed Aon's credit rating but revised its outlook, tying the change to the broker's roughly $17 billion acquisition of USI Insurance Services.

FTC and 22 States Sue Amazon Over Inflated Ad Auction Prices

The FTC and 22 states sued Amazon on Monday, alleging it overcharged 1.2 million advertisers by inflating online ad auction prices.

Meta May Overtake Google Search in Ad Revenue This Year, Bernstein Says

Bernstein analysts say Meta could pass Google Search in advertising revenue by year-end 2025, driven by returns on its roughly $60 billion AI spending.

PG&E Sinks 18%, Edison Falls 23% as California Wildfire Bill Omits Liability Cap

PG&E fell 18% and Edison International 23% after a California wildfire bill offered victim protections but no cap on utility liability, exposing investors

Nvidia Invests $3.5 Billion in MediaTek to Deepen AI Chip Partnership

Nvidia has committed $3.5 billion to MediaTek through convertible bonds, expanding an AI chip partnership between the two semiconductor firms.

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