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.
P•TAL Raises $3M Series A to Scale Global Handcraft Brand and Boost Artisan Incomes
Handcrafted metalware brand P•TAL raised $3M in Series A funding led by VC Grid to expand international operations and deepen artisan partnerships, targeting R…
HighBioLife Solutions Posts Q4 Profit Amid Full-Year Loss, Valuation Test Looms
BioLife Solutions reported Q4 2025 profitability with $2.1M net income and $24.8M revenue, yet remains unprofitable on a trailing twelve-month basis with a $12…
HighStarbucks Korea CEO fired over ad evoking 1980 massacre of pro-democracy protesters
Starbucks Korea's CEO was dismissed after launching a 'Tank Day' promotion on May 18, evoking the 1980 Gwangju Uprising massacre, sparking outrage and boycott…
HighCopasa shares surge 13% as Equatorial advances privatization bid
Equatorial proposed to acquire 30% of Copasa in the state water company's privatization process, causing Copasa shares to jump 13.34% at market close. The move…
HighOasis Pushes for KADOKAWA CEO Ouster, Citing 89% EPS Decline Under Natsuno
Oasis Management, holding 13.76% of KADOKAWA, is calling for shareholders to vote against CEO Takeshi Natsuno's reappointment at the June 2026 AGM, citing five…
HighCompetition Commission backs Harith's FlySafair takeover with safeguards
South Africa's Competition Commission recommended approving Harith Aviation's acquisition of FlySafair, subject to conditions protecting fair competition at La…
HighVictorian developer acquires Sorrento Beach Resort for $30M
Goldfields Group purchased the Sorrento Beach Resort in Perth for $30 million after two years of negotiations, planning to operate and enhance the beachfront p…
HighPetrobras faces $1B losses on gasoline as price hike exceeds 15%
Petrobras is losing $1 billion on gasoline sales and plans a price increase exceeding 15%, with the company's CEO emphasizing profit prioritization over price…
HighNYT Stock Needs Revenue Growth to Justify Valuation, Analyst Says
The New York Times shows improved operating margins but struggles with slowing revenue growth, relying on bundling and licensing deals. Management must pursue…
HighMicrosoft Soars 8% After-Hours on Strong Azure Growth, Profit Jumps 31%
Microsoft reported 31% profit growth with Azure cloud sales exceeding $100B, driving an 8-9% stock surge after-hours despite maintaining unchanged 2026 capex o…
HighVarun Beverages enters spirits market; six stocks to watch today
Varun Beverages plans to enter ready-to-drink alcoholic beverages through new subsidiary KIVA Spirits, while market opens higher on August 26 with multiple sto…
HighRosen Law Firm Urges Sina Shareholders to Join Class Action Before Nov. 18 Deadline
Rosen Law Firm urges Sina Corporation shareholders who sold shares during the 2020-2021 merger period to join a class action lawsuit alleging defendants fraudu…
HighMeta Forced to Unwind Manus Acquisition as China Blocks AI Startup Deal
China has blocked Meta's acquisition of AI startup Manus, forcing the company to prepare to undo the deal. The regulatory action reflects escalating tensions b…
HighGoogle Q2 earnings crush expectations as cloud surges 82%, but capex outlook weighs on stock
Alphabet reported record Q2 profits of $112 billion driven by AI investments, with cloud revenue surging 82%, but stock declined due to announced 2026 capital…
HighLucid Denies Bankruptcy Report as Stock Plummets; Hires Restructuring Adviser
Lucid Motors denied reports it is considering bankruptcy or going private after its stock plunged sharply, though the company has hired a restructuring adviser…
HighApple CEO Cook signals strong iPhone 12 demand, bullish on 5G opportunity
Apple CEO Tim Cook reports positive initial data for iPhone 12 and 12 Pro launches, citing a 5G opportunity and strong customer demand despite September quarte…
HighTCS Leads Earnings Season; Vedanta, Yes Bank, DLF in Focus
Multiple Indian blue-chip stocks poised for trading focus Monday following earnings beats, funding announcements, and expansion plans across IT, mining, cement…
HighBerkshire Hathaway's Abel Deploys Cash as Investors Look Beyond Buffett Era
Berkshire Hathaway's new CEO Greg Abel is deploying the company's massive cash reserves through increased investments and share buybacks, signaling a strategic…
HighLime Claims Second Profitable Quarter, But History Suggests Caution
Micromobility operator Lime announced Q3 adjusted EBITDA profitability, its second profitable quarter, by improving operational efficiency rather than growing…
HighActivist Shareholders Push Buybacks, Defense Abolition at Japan's 2026 AGMs
Japan's June 2026 shareholder meeting season saw 106 listed companies receive 153 activist proposals, continuing high activism levels with notable trends in sh…
HighInstitutional Investors Boost Coinbase Stakes as Insiders Sell Heavily
Multiple institutional investors boosted their Coinbase holdings in Q2 2025, with U.S. Capital Wealth Advisors increasing its stake by 35%, while insiders incl…
HighLauder Charts Estée's Future: Scale Matters, But Learning Never Stops
William P. Lauder addresses leadership legacy and industry scale challenges at WWD Beauty CEO Summit, speaking candidly about Estée Lauder's evolution and fail…
HighMusk Targets $500B AI Revenue for SpaceX by 2028
Elon Musk projects SpaceX will generate $500 billion in AI revenue by 2028, with AI surpassing the company's space business within months. The ambitious foreca…
MediumBerkshire Insiders Give Greg Abel High Marks in First Shareholder Meeting as CEO
Greg Abel, Warren Buffett's successor at Berkshire Hathaway, impressed shareholders and company managers at his first annual meeting as CEO, demonstrating conf…
HighBajaj Auto Q3 Results: Analysts Expect Double-Digit Growth on Strong Volumes
Bajaj Auto will release Q3 FY26 results today with analysts expecting 19-20% revenue growth and 21-25% profit growth, driven by strong volumes and higher avera…
HighJudge approves $110B Paramount-Warner Bros deal despite consolidation concerns
A US judge approved Paramount's $110 billion acquisition of Warner Bros despite media consolidation concerns, with a settlement requiring theatrical release qu…
HighMeta's AI Spending Spree Triggers Stock Decline Amid 91% Cash Flow Drop
Meta's free cash flow dropped 91% as CEO Zuckerberg pursues aggressive AI spending, causing investor concerns about the company's capital allocation strategy a…
HighBerkshire's Coca-Cola stake generates $8B gains, $424M dividends in 2026
Berkshire Hathaway has realized nearly $8 billion in gains and $424 million in dividends from its 400 million Coca-Cola shares in 2026, as investors rotate int…
HighAustralian Sports Radio Firm Acquires MediaWorks for $130M
Australian sports radio company SEG has acquired New Zealand's MediaWorks for $130 million, gaining control of major commercial radio brands including The Rock…
HighMarket Watch: APSEZ, Maruti, Hero MotoCorp Lead Monday's Stock Focus
Market watch covering 40+ Indian stocks with mixed performance across sectors including ports, automotive, finance, and energy, with notable developments in M&…
HighPalomar Holdings Seen 18% Undervalued After Strong Q1 Beat, Though Valuation Signals Mixed
Palomar Holdings reported 59.7% YoY Q1 revenue growth, beating expectations by 5.8%, with analysts valuing the stock 18% below current trading levels at $154.1…
MediumMSG Sports explores splitting Knicks, Rangers into separate public companies
James Dolan's MSG Sports is exploring separating the Knicks and Rangers into two independently traded public companies to enhance shareholder value and strateg…
HighApple to Raise Prices as Memory Chip Costs Become 'Unsustainable'
Apple CEO Tim Cook announced that memory chip costs have become unsustainable, forcing the company to raise device prices. The shortage reflects broader supply…
HighSuccessful Indian founder denied US visa despite $12M business and strong home ties
A successful Indian startup founder with $12M revenue and 100+ employees was denied a US visitor visa under Section 214(b) despite strong documented ties to In…
HighGoogle planea mayor inversión en IA para Search en 2025 pese a caída de acciones
Google CEO Sundar Pichai announced major AI expansion for Search in 2025, with the company planning $75B in AI capital spending despite missing Q4 revenue expe…
HighSEC approves AbaCore dividend payout after three-year wait
AbaCore Capital Holdings received SEC approval to distribute P376.73 million in property dividends and P41.86 million in cash dividends to shareholders after a…
HighExcelsoft Technologies Posts 40% Net Profit Growth in Q3 FY26 Amid Strategic AI Partnerships
Excelsoft Technologies delivered strong Q3 FY26 results with 40% YoY net profit growth to ₹13.34 crore and 29% revenue growth, driven by educational technology…
HighGentex Beats Q1 Estimates, Raises Full-Year Outlook on Advanced Feature Growth
Gentex reported Q1 2026 earnings of 48 cents per share, beating estimates, with 17% revenue growth to $675.44M. The company raised its 2026 sales guidance to $…
HighSamsung plans $59B share buyback amid AI chip boom and wage deal
Samsung Electronics plans a 90 trillion won ($58.61B) share buyback following employee stock bonus agreements, with shares surging 6% on the announcement amid…
HighAnalysts Split on Healthcare Stocks: BioAge Labs Gets Buy, Ansell Holds Steady
Analysts weigh in on two healthcare companies: Piper Sandler maintains Buy on BioAge Labs with $73 target, while UBS holds Ansell at $36 target amid mixed mark…
MediumParamount-Skydance clears antitrust hurdle with $1.5B production pledge
Paramount Skydance reached an antitrust settlement with 12 state attorneys general, clearing the way for its $110 billion acquisition of Warner Bros. Discovery…
HighGreg Abel Makes First Major Move as Berkshire CEO With $8.5B Housing Bet
Greg Abel, Berkshire Hathaway's new CEO, completed an $8.5 billion housing acquisition, marking his first major deal with Warren Buffett's approval and signali…
HighTata Sons faces existential crisis as board defies majority shareholder over listing
Tata Sons' board reappointed chairman N Chandrasekaran and backed a public listing, defying its largest shareholder Tata Trusts, which called the moves illegal…
HighExxon Mobil Triples Buybacks Despite Russia Exit Writedown, Missing Earnings Estimates
Exxon Mobil doubled Q1 profit to $5.48B but missed Wall Street estimates after taking a $3.4B writedown from exiting Russia. The company tripled its share buyb…
HighAnalysts Back Healthcare Stocks Stryker and Establishment Labs With Buy Ratings
Multiple analysts issued buy ratings on healthcare companies Stryker and Establishment Labs Holdings, citing upside potential of 28-29% from current trading le…
MediumMusk's $1.25T empire faces IPO test as SpaceX prepares Wall Street debut
As SpaceX prepares for its first public offering, Elon Musk's sprawling business empire shows mixed results: SpaceX dominates commercial space, Tesla faces sal…
HighMeMeraki Founder on Building Culture-Tech: From Fintech to Heritage Arts at Scale
MeMeraki founder Yosha Gupta discusses how her culture-led business creates sustainable livelihoods for master artisans by building systems for digital access,…
HighMr Jeff executives face trial for alleged fraud against Sean Connery Foundation
A Valencia court has ordered trial for Mr Jeff's former CEO and board president on fraud and document falsification charges after the Sean Connery Foundation i…
HighNazara Technologies Extends $100.3M Subsidiary Fund Infusion to August 2026
Nazara Technologies extended its fund infusion deadline for UK subsidiary to August 14, 2026, planning to invest up to USD 100.3 million through equity and loa…
HighCXApp Inc. Schedules Virtual Annual Shareholder Meeting for June 16
CXApp Inc. (NASDAQ:CXAI) announced its 2026 Annual Meeting of Shareholders scheduled for June 16, 2026, to be held virtually with governance matters and manage…
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