Business
Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
TNG Digital hits profitability milestone as non-payment services drive growth
Malaysia's largest e-wallet operator TNG Digital achieved its first full-year profit of RM103.23 million in 2025, driven by a strategic shift toward higher-mar…
HighGreg Abel Takes Center Stage at Berkshire's First Post-Buffett Annual Meeting
Greg Abel took center stage at Berkshire Hathaway's first annual meeting without Warren Buffett, establishing himself as the company's leader while shareholder…
HighTelstra shelves infrastructure sale, backs AI and cloud growth potential
Telstra posted $2 billion profit and decided to retain its InfraCo Fixed infrastructure business, citing AI and cloud storage opportunities rather than pursuin…
High360One WAM shares dip 4% post Q4 results; analysts see 19% upside potential
360One WAM shares fell 4% post-Q4FY26 results despite 28% revenue growth, though analysts remain bullish with up to 19% upside potential citing strong wealth m…
HighZensho Holdings Faces Analyst Earnings Downgrade Despite Steady Revenue Outlook
Zensho Holdings shares fell 12% after missing EPS expectations, prompting analysts to lower 2027 earnings forecasts while maintaining revenue growth outlook an…
HighMTN Nigeria Posts 70.6% Profit Jump to N707.5bn, Declares N26 Interim Dividend
MTN Nigeria achieved 70.6% profit growth to N707.5bn in H1 2026, driven by data revenue expansion and operational efficiency, declaring N26 interim dividend pe…
HighLegora warns investors of unauthorized share sales on secondary platform
European AI startup Legora has cautioned investors about unauthorized share sales appearing on secondary trading platform Hiive, which facilitates pre-IPO stoc…
MediumParamount-WBD merger architect says $6B savings won't come mainly from layoffs
Paramount deal architect Gerry Cardinale says most of $6B in expected cost savings from the $110B Warner Bros merger will come from operational efficiency rath…
HighAMC Stock Surges on Record Revenue as CEO Defends Against Skeptics
AMC Entertainment's stock surged following record revenue results, with CEO dismissing skeptics about the company's turnaround prospects amid ongoing industry…
MediumSonae Chairman Azevedo Invests €427K in 224K Company Shares
Paulo Azevedo, Sonae's chairman, acquired 224,300 shares for €427k through his company Migracom, increasing his indirect stake to 0.33% of the retail group.
HighVedanta promoter Twin Star to sell Rs 1,890 crore stake via block deal
Vedanta's largest promoter Twin Star Holdings plans to sell 1.7% equity stake worth Rs 1,890 crore via block deal at Rs 291 per share, reducing its holding whi…
HighIntermap Technologies Shareholders Approve All Board Nominees, Auditor Reappointment
Intermap Technologies held its annual shareholder meeting on June 24, 2026, with 31.16% shareholder participation voting to approve all nominated directors and…
HighCactus Stock Seen 13.9% Undervalued on Baker Hughes Deal Expansion
Cactus (WHD) trades 13.9% below analyst fair value of $63.56 following recent pullback, with Baker Hughes acquisition expected to expand Middle East presence a…
MediumNvidia crushes expectations with 67% profit surge, raises Q4 guidance
Nvidia exceeded revenue and profit forecasts with $57B in quarterly revenue and 67% year-over-year profit growth, driven by data center demand. The company rai…
HighDisney Beats Earnings Expectations as Parks Surge; CEO Successor Decision Looms
Disney reported Q1 2026 revenue of $25.98B, beating expectations, driven by theme parks hitting $10B quarterly revenue. The company faces imminent CEO successi…
HighMicrosoft Profit Surges 31% as Azure Cloud Revenue Crosses $100B Milestone
Microsoft reported a 31% profit jump with Azure cloud sales exceeding $100 billion, beating Wall Street expectations on $90B revenue while increasing AI spendi…
HighDOJ approves Paramount's $111bn Warner Bros takeover despite industry consolidation concerns
The US Department of Justice has approved Paramount Skydance's $111bn acquisition of Warner Bros Discovery, finding it will increase competition. However, Cali…
HighXbox Revenue Falls 10% as Microsoft Pivots to Cloud and AI
Microsoft's Xbox division reported a 10% revenue decline for the fourth consecutive quarter, with hardware sales falling 13%, while the company's cloud and AI…
HighApple Reports Second Layoff Round in Two Months Amid Strategic Restructuring
Apple has conducted a second round of layoffs in two months under new CEO John Ternus, affecting a handful of employees. Reports suggest the cuts may precede m…
MediumNews Corp Australia subscriptions slip as Murdoch firm attacks 'slimy' AI content theft
News Corp's Australian digital subscriptions fell by 4,000 users as CEO Robert Thomson attacks AI companies for using journalistic content without compensation…
HighEverplay Group surges 9.15% on strong game launches and upgraded full-year outlook
Everplay Group shares rose 9.15% after reporting that new game releases Hell Let Loose: Vietnam and Wardogs exceeded expectations, prompting management to rais…
HighFitbit Vet Launches Smart Jewelry to Track Real-Time UV Exposure
The90 launches The90™ Gem, a $299 smart jewelry pendant with UV sensors that tracks real-time UVA/UVB exposure and automates sunscreen reapplication timing to…
HighMusk calls himself 'fool' for OpenAI funding in nonprofit breach trial
Elon Musk testified he was a "fool" for funding OpenAI, alleging the company abandoned its nonprofit mission for profit. The high-stakes trial could reshape AI…
HighKKR-backed Ascend Asia expands with three FA firm acquisitions, eyes open-architecture model
Ascend Asia, a KKR-backed holding company, acquired three financial advisory firms to build a network operating on open architecture principles, now managing S…
HighNissha completes 60% acquisition of Vietnam stent maker, expanding Southeast Asia footprint
Japan's Nissha completed a 60% acquisition of Vietnam's USM Healthcare, a cardiovascular stent manufacturer, to expand its medical-device CDMO operations acros…
HighEx-CFO questioned for six hours in Tabung Haji graft probe
Malaysian Anti-Corruption Commission detained a former CFO and CEO of Tabung Haji following a Royal Commission inquiry into alleged abuse of power and misappro…
HighKalyan Jewellers slides 8% despite robust Q1 growth; lags Titan's momentum
Kalyan Jewellers stock dropped 8% despite reporting robust double-digit growth in Q1, as investor expectations exceeded actual performance relative to rival Ti…
HighSeven Group profit triples on Boral boost as Ukraine fears weigh on markets
Seven Group's net profit surged 235.6% in H1 2022 driven by its Boral acquisition, while market futures decline on Ukraine tensions and Putin's address.
HighKobayashi explores ¥500B buyout after contamination scandal
Japanese health products company Kobayashi Pharmaceutical is in talks for a ¥500 billion private equity buyout led by CVC Capital Partners and Nippon Sangyo Su…
HighAnthropic's 80-fold revenue surge strains compute capacity, CEO says
Anthropic CEO Dario Amodei disclosed the AI company achieved 80-fold annualized revenue growth in Q1 2026, attributing operational challenges to scaling demand…
HighMarket Watch: Nestle Cautious on Volatility as Maruti, Tata Motors Post Strong Growth
Multiple Indian companies report Q4 earnings with mixed signals: Nestle warns of input cost volatility, while Maruti, Tata Motors, and DMart show strong sales…
HighWarner Bros. Chief Zaslav Eyes $68M Summer Camp Acquisition
David Zaslav, former Warner Bros. CEO, has offered $68 million to purchase a Westchester summer camp he once attended, as multiple Jewish camps face bankruptcy…
MediumMACC grills ex-CFO for third day over RM370m Tabung Haji share deal
Malaysia's anti-corruption commission continues questioning a former CFO over a RM370 million share purchase in plantation companies flagged in a Tabung Haji i…
HighDomino's Profit Rises as Same-Store Sales Growth Slows Amid Consumer Caution
Domino's Pizza reported higher profits in Q2 2026 despite same-store sales growth hitting a one-year low, as value-conscious consumers reduce spending while th…
HighTSMC pledges $100B more for US expansion as AI demand surges
Taiwan's TSMC commits an additional $100 billion to expand US chipmaking capacity, driven by surging AI chip demand and record profitability. The investment si…
HighRBC Upgrades Life Time Group to Buy Despite Insider Selling Pressure
RBC Capital analyst Logan Reich maintains a Buy rating on Life Time Group Holdings with a $38 price target, while consensus shows Strong Buy with $40.45 target…
HighPrestige International Beats EPS Forecast, But Analysts Trim 2027 Earnings Outlook
Prestige International exceeded earnings expectations with JP¥46.97 per share profit, but analysts have modestly reduced 2027 earnings forecasts to JP¥47.46, c…
HighRepligen's Profitability Rebound Faces Valuation Skepticism at 144.9x P/E
Repligen shows a dramatic profitability turnaround with Q4 2025 EPS of $0.24 versus a loss in Q4 2024, yet trades at a 144.9x P/E multiple—over 4x peer average…
HighMicrosoft to Resume Hiring After Year-Long AI Transition, Nadella Says
Microsoft CEO Satya Nadella announces hiring will resume after a year-long AI transition period, during which 15,000+ employees were laid off in 2025 to mainta…
HighSamsung posts first-ever smartphone division loss amid industry RAM crisis
Samsung's mobile division posted its first operating loss due to rising component costs despite solid flagship sales. The company plans to focus on high-value…
HighTech Mahindra, HCLTech, IndiGo, Tata Steel, ICICI Bank in Focus Friday
Multiple Indian large-cap companies report Q4 results with mixed performance: Tech Mahindra faces 41% profit decline while IndiGo expands internationally, ICIC…
HighChina fines Alibaba, Tencent unit for unauthorized acquisitions
China's market regulator fined Alibaba and Tencent-backed China Literature for failing to seek approval on acquisitions, escalating enforcement of anti-monopol…
HighMeta shares tumble as Q2 profit hit by legal costs and severance
Meta's second-quarter profit declined due to increased legal expenses and severance costs, causing share prices to drop. The company faces mounting financial p…
HighSpaceX's $60B Cursor Deal Exposes FTX's $3B Lost Opportunity
FTX's bankruptcy estate sold a 5% stake in AI startup Cursor for $200k in 2023, the original investment amount. SpaceX's $60B acquisition of Cursor now values…
HighProtean eGov posts 13% revenue growth; EBITDA surges 34% in Q3
Protean eGov Technologies reported 13% YoY revenue growth to ₹229 crore in Q3, with EBITDA surging 34% and margins expanding to 19%, driven by tax services and…
HighEldorado Gold Elects Full Board Slate; Welcomes New Director Amid Growth Phase
Eldorado Gold Corporation held its annual shareholder meeting on June 23, 2026, electing all eight director nominees with strong shareholder support, including…
HighMSG Sports Board Unanimously Approves Plan to Explore Knicks-Rangers Spin-Off
Madison Square Garden Sports Corp. board unanimously approved exploring a spin-off to separate its New York Knicks and Rangers franchises into two distinct pub…
HighOriental Kopi shares plunge 7% on weak quarter; analysts divided on recovery
Oriental Kopi Holdings fell over 7% to its lowest in a month after reporting weaker-than-expected quarterly earnings, prompting analysts to cut outlooks despit…
HighNvidia-backed AI cloud provider Nscale files for IPO amid revenue surge
Nscale, an Nvidia-backed AI cloud provider, has filed for an initial public offering, revealing significant revenue growth in its US IPO filing.
HighGM Q1 Earnings Beat Estimates as $500M Tariff Refund Offsets Supply Costs
General Motors posted better-than-expected Q1 earnings and raised profit forecasts, aided by a $500 million tariff refund following a Supreme Court ruling, des…
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