The Nasdaq 100 saw a sharp split on October 22, with software and information services stocks like Thomson Reuters and Intuit rallying while semiconductor equipment and optical names such as...
Nokia projects 25-30% growth in its Optical and IP Networks business by 2027, citing accelerating AI and cloud demand. The forecast highlights a broadening AI infrastructure investment cycle that could...
The Nasdaq fell more than 2% as a selloff in megacap tech stocks intensified, driven by rising bond yields and fading rate-cut hopes. The decline was concentrated in 10 key...
BASF CEO Martin Brudermüller has said no Evonik jobs would be lost in a potential merger, addressing labor concerns and signaling progress in consolidation talks. The deal could reshape the...
Gentherm unveils 2030 targets of $3.5B revenue and $500M adjusted EBITDA following its acquisition of Modine's automotive thermal management business. The ambitious plan hinges on EV thermal solutions and successful...
Shell and Exxon Mobil are reportedly exploring an $8 billion sale of their UK-based chemicals joint venture, Infineum. The deal would allow the energy majors to streamline portfolios and return...
AI-related stocks fell in early US trading on October 22, with Applied Optoelectronics dropping over 8% and AMD, Marvell, and SK Hynix also declining. The selloff reflects growing investor caution...
DayOne Data Centers is considering cutting its US IPO size to $2.5–3 billion from $5 billion and may delay the listing, following similar moves by Firmus and AirTrunk. The retreat...
China's large SUV market is flooded with new '9-series' flagship models, but sales are peaking faster and profits are under pressure. Zeekr 9X delivered 85,000 units in its first year,...
SpaceX and Tesla have formed special committees to explore a merger, but talks are early and no terms are set. Valuation, shareholder approval, and regulatory risks loom large.
US stocks opened lower as mixed tech earnings and escalating Middle East tensions weighed on risk sentiment. The Nasdaq fell 1.5%, semiconductor stocks slumped 4%, and Brent crude rose 3%...
Investors may be more exposed to AI than they think, as overlapping holdings in chipmakers and tech giants create hidden concentration. This article outlines three critical questions to assess and...
Meta's future spending commitments have surged to $825 billion, up from $700 billion in July, triggering a sharp selloff in its stock and bonds. Credit default swaps hit a record...
IBM shares fell 5% in premarket trading as investors continued to focus on the company's July earnings miss, even as third-quarter results were released. The reaction highlights market skepticism about...
JPMorgan strategist suggests the stock market's recent tailspin may have run its course, as hedge fund positioning has lightened significantly since September. The analysis implies limited downside for equities, but...
Shennan Circuits reported Q3 revenue up 66% and net profit up 94%, fueled by AI infrastructure demand. While core operations remain strong, rising working capital and debt raise cash flow...
Alpha Modus, a Nasdaq-listed company, has acquired 3,170 bitcoin worth over $250 million through the issuance of 51.6 million shares and warrants. The move reflects the growing trend of public...
eBay's reported 80% workforce reduction in China could hamper its crypto and Web3 commerce ambitions, as hundreds of engineers—including blockchain talent—exit. The move signals broader retrenchment in traditional e-commerce's digital...
Meta is creating a non-voting Class C share to raise capital without diluting founder control, as negative free cash flow and soaring AI capex pressure its balance sheet. The move...
Wall Street's total leverage ratio has climbed to 214%, with a $223 billion equity supply bottleneck now evident. Goldman Sachs and UBS warn that financing demand exceeds capacity, raising concerns...
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