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Super Micro Computer Slides Ahead of Earnings as Analysts Debate Value Play or Trap

Super Micro Computer shares extend a three-month decline ahead of earnings as analysts split over whether the AI server maker is a value play or a value tr

Archer Aviation Shares Surge After Deal to Acquire Boeing’s Wisk eVTOL Unit

Archer Aviation shares jumped after agreeing to acquire Boeing's Wisk Aero and two subsidiaries, giving Boeing a near-20% equity stake in the combined firm

Intel Launches $15 Billion Stock Sale as Turnaround Rally Lifts Shares

Intel plans to sell about $15 billion in common stock after a 400% share rally, funding growth in AI, custom chips and advanced packaging.

Trump Pivots to Sanctions and Naval Blockade in Prolonged Iran Standoff Over Hormuz

The US is pivoting from military strikes to sanctions and a naval blockade against Iran as oil prices stabilise and the Strait of Hormuz crisis drags on.

TSMC Sales Surge 45% in July as AI Chip Demand Fuels Record Growth

TSMC posted a 45% surge in July revenue as demand for AI chips from customers like Nvidia and Google continues to drive record growth for the chipmaker.

PayPal Unveils PayPal Open to Revolutionize Business Payments

Frank Keller, executive vice president of PayPal’s enterprise merchant group, is spearheading a transformative moment for the company with the launch of PayPal Open....

Bybit Restores Reserves After Historic $1.5 Billion Crypto Hack

Bybit has swiftly replenished its reserves after suffering a $1.5 billion hack, marking the largest security breach in the history of the cryptocurrency industry....

How AI Is Revolutionizing Mineral Discovery for Clean Energy

With the rapid expansion of the clean energy economy, the search for critical minerals and metals is becoming increasingly vital. These resources are essential...

Bybit Suffers $1.5 Billion Hack in Largest Crypto Heist Ever

Bybit, a leading cryptocurrency exchange, has fallen victim to a massive security breach, resulting in the theft of approximately $1.5 billion in digital assets....

23andMe Faces Buyout Offer from CEO Anne Wojcicki and New Mountain Capital

23andMe’s CEO, Anne Wojcicki, alongside New Mountain Capital, has submitted a proposal to take the struggling genetic testing company private. According to a recent...

Block, Affirm, and PayPal Expand Fintech Horizons Amid Growing Competition

Block, Affirm, and PayPal, three fintech pioneers from different eras of Silicon Valley, are now converging in their ambition to become comprehensive digital banking...

Yankees End 50-Year Facial Hair Ban, Players Can Now Grow Beards

For the first time in nearly half a century, the New York Yankees have lifted their long-standing ban on facial hair, allowing players to...

Novo Nordisk Resolves U.S. Shortage of Wegovy and Ozempic, Impacting Compounded Versions

The long-standing shortage of Novo Nordisk's weight loss medication Wegovy and diabetes treatment Ozempic in the U.S. has finally come to an end, according...

IMAX Targets $1.2 Billion Year with Strong Film Slate and Global Success

IMAX is on track for a potential $1.2 billion year, according to CEO Rich Gelfond. This would represent the company’s best box office performance,...

UnitedHealthcare Faces Investigation and Financial Struggles Amid Controversies

UnitedHealthcare is facing mounting challenges as it deals with a government investigation into its Medicare billing practices, pursues employee buyouts, and faces public criticism...

Bluebird Bio Sells to Carlyle and SK Capital for $30 Million

Bluebird Bio has agreed to sell itself to private equity firms Carlyle and SK Capital for approximately $30 million, signaling the end of its...

Geely’s Galaxy and Xpeng’s Mona 03 Challenge Tesla in China’s EV Market

Two electric vehicle models, designed for middle-income consumers in China, are emerging as Tesla’s strongest competitors, with more budget-friendly prices attracting cost-conscious buyers. Geely...

DeepSeek’s AI Breakthrough Shakes Global Markets

In 2022, under the pseudonym “an ordinary little pig,” the founder of AI start-up DeepSeek quietly donated 138 million yuan (US$19 million) to Chinese...

China’s Crystal Industry Faces Challenges Amid Economic Slowdown

Crystals, long believed to possess healing and fortune-enhancing properties, have captivated consumers worldwide. Social media platforms like TikTok have fueled the trend, with millions...

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