Business

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

India’s Leap into Space: The Launch of Aditya-L1 and the Historic Lunar South Pole Landing

On a historical Saturday, the Indian Space Research Organization (ISRO) announced the triumphant launch of Aditya-L1, India's inaugural space-based observatory. This monumental event came...

China’s Economic Landscape: The Ripple Effect of Country Garden’s Debt Crisis

China's Economic Woes: Country Garden's Debt Crisis and its Impact China, a prominent player in the global economic theater, is currently in the throes of...

Zhejiang Provincial Museum’s Zhijiang Branch Opens with a Tech Showcase

The Zhijiang branch of the Zhejiang Provincial Museum in Hangzhou, East China, celebrated its opening with an outdoor technology showcase, highlighting its digitalized cultural...

JSW Group and Leapmotor: A Potential Alliance in India’s EV Arena

Introduction: JSW Group, a prominent Indian conglomerate known for its ventures from steel to energy, is reportedly engaging in preliminary discussions with Leapmotor, a Chinese...

The Evolution and Future of Open-World Video Gaming

The development of open-world video games has come a long way since its inception, and its future looks brighter than ever. Open-world gaming refers...

China’s Strategy: Balancing Mortgage Affordability with Banking Stability

In an anticipated move to enhance the affordability of mortgages and rejuvenate the housing market's demand, China's banks are expected to lower deposit rates....

Reviving Voices: How UCSF’s Brain-Computer Interface Empowered a Paralyzed Woman

In an era where technology intersects with healthcare in revolutionary ways, the ability to 'speak' might just be taken for granted. Yet, for one...

China’s Economic Struggles: Factory Downturn & Policymaker Challenges

Recent economic indicators suggest that China, the world's second-largest economy, continues to face challenges in its recovery journey. Despite being a powerhouse, the country's...

China’s RISC-V Patent Alliance: A Leap Towards Semiconductor Self-Reliance

RISC-V Patent Alliance Formation: China's Strive for Chip Self-Sufficiency In the bustling technological realm of Shanghai's Lingang New Area, the recent RISC-V industry forum witnessed...

The Precipitous Decline of China Evergrande Group: A Comprehensive Analysis of its Market Struggles

Shares of China Evergrande Group: A Detailed Analysis Shares of the China Evergrande Group, denoted by the ticker symbol 3333.HK, experienced a significant decline as...

Empowering Future Innovators: China Unveils Comprehensive Measures to Foster Young Sci-Tech Talents

China is taking bold strides to invigorate its scientific and technological prowess by unleashing a series of measures to nurture and harness young sci-tech...

China Unveils Bold Move: Halving Stamp Duty on Securities Trading in Bid to Revitalize Capital Market

In a strategic maneuver aimed at revitalizing its capital market and instilling renewed investor confidence, China has announced a significant cut in its stamp...

China Ever grande’s Rocky Return: Resumed Trading Wipes Out $2.4 Billion in Value Amidst Ongoing Property Crisis

China Evergrande Group (3333.HK), once a behemoth in the property development realm, suffered a tumultuous return to trading as its shares plummeted by a...

Revitalizing Markets: Beijing Unveils Innovative Measures to Spark Rejuvenation Amidst Economic Challenges

In a rare glimmer of hope, Chinese blue-chip stocks found themselves in the midst of an unexpected rally on Monday. The spark for this...

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