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SpaceX Shares Reclaim $135 IPO Price as Rally Extends Through Monday Close

SpaceX shares have climbed back to their $135 IPO price, recovering post-debut losses as a buying rally extended through Monday's close.

SpaceX Shares Reclaim $135 IPO Price as Rally Extends Through Monday Close

SpaceX shares have climbed back to their $135 IPO price, recovering post-debut losses as a buying rally extended through Monday's close.

Nvidia and Wall Street Giants Plan $500 Billion Financing Push for AI Infrastructure

Nvidia is reportedly teaming with major Wall Street banks on a $500 billion financing push to fund the global buildout of AI infrastructure.

Vertex Shares Climb as Rival Sionna’s Cystic Fibrosis Drug Fails Key Trial

Vertex Pharmaceuticals shares surged after rival Sionna Therapeutics saw its stock plunge roughly 90% on a failed cystic fibrosis drug trial.

US Appeals Court Clears Path for Thousands of Social Media Addiction Lawsuits

A US appeals court has allowed thousands of lawsuits accusing social media firms of addicting young users to move forward, testing Section 230 protections.

FDA Approves Zepbound for Obstructive Sleep Apnea Treatment

The Food and Drug Administration (FDA) has approved Eli Lilly’s Zepbound, a once-weekly injectable drug, for treating moderate-to-severe obstructive sleep apnea (OSA) in patients...

Sweetgreen Debuts Robotic Kitchens for Faster, Fresher Salads

Sweetgreen, a California-based restaurant chain, has unveiled its latest innovation, the Infinite Kitchen, at its Willis Tower location in Chicago. This automated system revolutionizes...

Waymo to Begin Autonomous Vehicle Testing in Tokyo in 2025

Waymo, Alphabet’s autonomous vehicle unit, announced plans to begin testing its self-driving cars in Tokyo in early 2025, marking its first international expansion and...

Temu Tops U.S. App Charts Again Amid Rising Trade Tensions

Temu, the e-commerce platform owned by China’s PDD Holdings, topped Apple’s list of the most downloaded free apps on the U.S. iOS store for...

Airlines Expand Premium Seating as Demand for First Class Surges

The travel landscape is shifting as airlines see unprecedented demand for premium seating, with passengers more willing than ever to pay for comfort at...

General Motors Ends Cruise Robotaxi Operations to Refocus on Core Business

General Motors (GM) has announced the shutdown of its Cruise robotaxi operations, marking a strategic shift toward its core automotive business and adjacent opportunities....

Unrivaled Women’s Basketball League Secures $28 Million Ahead of Inaugural Season

Startup basketball league Unrivaled announced on Monday the completion of its Series A funding round, securing $28 million ahead of its inaugural season. “Our players...

Hong Kong May Pioneer New Eye Drop Treatment for Diabetic Macular Edema

Hong Kong may soon become one of the first regions to benefit from a groundbreaking eye drop treatment for diabetic macular edema (DME), a...

Apple to Launch In-House Wireless Chips by 2025

Apple is advancing its strategy to develop in-house components by creating its own Bluetooth and Wi-Fi chip, code-named Proxima, set to debut in 2025....

Nio Challenges Foreign Luxury Carmakers with ET9 Electric Sedan

Chinese electric vehicle (EV) manufacturer Nio has launched its latest luxury sedan, the ET9, aimed at competing with premium models like BMW’s 7 Series...

China’s Gaming Industry Hits Record $44.8 Billion in 2024

China’s video gaming industry achieved record sales of 325.8 billion yuan ($44.8 billion) in 2024, marking a 7.53% growth from the previous year, according...

China Ramps Up Robotics Innovation with Ambitious Policies

Local governments across China are implementing policies to boost robotics innovation and deployment, particularly humanoid robots, as national policymakers emphasize future industries during the...

Xiaohongshu Prepares for Hong Kong IPO Amid Surging Profits

Social media platform Xiaohongshu, known as “Little Red Book,” is preparing for an initial public offering (IPO) in Hong Kong as its profitability surges,...

China Forms AI Standardization Committee with Leading Tech Firms

China’s Ministry of Industry and Information Technology (MIIT) has announced the formation of an “AI Standardization Technology Committee,” which will spearhead the development and...

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