Companies

Super Micro Surges Premarket on Strong Outlook, H&R Block Jumps on Earnings

Super Micro Computer shares jumped premarket after raising its outlook, while H&R Block surged on strong earnings and CoreWeave and Coherent posted big mov

US Mortgage Rates Stop Rising, Nudging Homebuyer Demand Back

US mortgage rates eased slightly this week, halting a run of increases and drawing modest homebuyer and refinance demand back into a subdued market.

Eli Lilly Sues Six Companies Over Illegal Sales of Experimental Obesity Drug

Eli Lilly has sued six companies for allegedly selling versions of retatrutide, an experimental obesity drug still under clinical development and unapprove

Tencent Beats Revenue Estimates on Games and AI Ads Despite 26% Stock Slide

Tencent topped revenue expectations on gaming and AI-driven advertising, even as shares fell 26% amid rising AI spending and fierce competition in China.

FlightAware Withdraws Lawsuit Against Kalshi Over Flight-Cancellation Betting Markets

FlightAware has dropped its lawsuit accusing prediction-market platform Kalshi of using its data without authorization to power flight-cancellation betting

USA Rare Earth surges after $1.6B federal deal boosts US supply chain push

USA Rare Earth shares jumped after the US backed a $1.6 billion funding package to build a Texas mine and US magnet facility, boosting Washington’s push to reduce dependence on China.

China’s Sinochem moves to ease Pirelli standoff as US expansion faces scrutiny

Sinochem has proposed a “structured solution” to resolve a governance dispute at Pirelli, as Camfin increases its stake and Italy weighs intervention under golden power rules.

Ryanair profits slide after Italy fine, but airline lifts fare outlook on strong demand

Ryanair reported a sharp quarterly profit decline after taking an €85 million charge tied to an Italian antitrust fine, but the airline upgraded its fare outlook and forecast higher full-year profit on strong demand.

China’s LandSpace pushes ahead with up to $1B+ IPO to fund reusable rockets

China’s private rocket maker LandSpace is pushing ahead with a major IPO as the exchange reviews its application, aiming to raise around $1 billion or more to expand reusable rocket technology and production.

China deepens scrutiny of Meta’s $2B Manus acquisition in rare regulatory escalation

China has expanded its review of Meta’s $2 billion acquisition of AI startup Manus, widening scrutiny beyond national security to include financial and compliance checks that could force changes to the deal.

Apple Reportedly Eyes Intel Partnership for Future iPhone Chips

Apple is reportedly considering a partnership with Intel to manufacture some future iPhone chips, aiming to diversify its supply chain and reduce reliance on TSMC. Reports suggest Intel would act as a foundry for Apple-designed processors, potentially starting in 2028.

Intel Stock Tumbles as Manufacturing Woes Overshadow Earnings

Intel's stock plummets after weak Q4 earnings and a disappointing outlook, citing manufacturing and supply chain issues that hinder its ability to meet AI data center demand.

Kuaishou’s Kling AI tops 12 million monthly users as revenue surges

Kuaishou’s Kling AI has reportedly surpassed 12 million monthly active users as the AI video platform’s revenue climbs, pushing its annualized run rate toward $240 million.

Elon Musk and Ryanair CEO in Public Feud: Musk Jokes About Buying Airline

Explore the public feud between Elon Musk and Ryanair CEO Michael O'Leary, including insults, a "Big Idiot Seat Sale," and Musk's jokes about buying the airline.

Paramount Courts French President Macron in Bid for Warner Bros. Discovery

Paramount Skydance executives met with French President Emmanuel Macron and UK officials as part of a European push to gain support for its $108.4 billion bid for Warner Bros. Discovery, while preparing for a proxy fight against Netflix.

Disney CEO Bob Iger Reaffirms Commitment to China Market During Beijing Visit

Disney CEO Bob Iger met with Chinese Vice Premier Ding Xuexiang in Beijing, signaling a continued commitment to the significant Chinese market. The meeting,...

Alibaba’s Amap Unveils AI-Driven 3D Virtual Tours, Shaping the Future of Digital Maps

Alibaba Group’s mapping unit, Amap (AutoNavi), has introduced an innovative AI feature allowing users to experience immersive 3D virtual tours of restaurants and offline...

Haitian Machinery Inaugurates South China Headquarters to Drive Intelligent Manufacturing

Haitian Machinery has officially opened its new South China headquarters in Shunde District, Foshan City, marking a significant expansion and a key component of...

VENDLIFE: China’s Manufacturing Prowess Fuels Global Retail Revolution

VENDLIFE, a leading intelligent unmanned retail solutions provider from China, is at the forefront of transforming the global retail landscape. Leveraging its robust OEM...

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