Latest News
RUM's Northern Data Stake Hike to 98% Sets Stage for 16.7M New Warrants
RUM Group's plan to exchange 8.26 million Northern Data shares for pre-funded warrants will lift its stake to ~98%, creating 16.74 million new potential shares and setting up a German squeeze-out.
Palantir-Nebius AI Pact Lacks Financial Terms
Palantir named Nebius its preferred sovereign-AI infrastructure partner, but the deal lacks disclosed financial terms, leaving investors without clarity on revenue impact.
Lloyds' Capital Return Strategy Under Scrutiny as CFO Takes the Stage
Lloyds' CFO William Chalmers is set to speak at a conference, with the bank's CET1 ratio at 13.1%. Investors are watching for signals on capital returns.
AMD's 2027 Data-Center Goal Tied to $220B Server Market
AMD aims to more than double data-center revenue by 2027, targeting a $220B server market. Executives outlined the plan at Goldman Sachs conference.
Apple Skips Base iPhone 18 in Fall Lineup, Shifts Focus to Premium
Apple's September launch skipped the standard iPhone 18, focusing on Pro models and a $1,999 foldable. Investors await holiday sales to see if premium mix offsets missing volume tier.
Crypto Trading Bot Built on Fruit Fly Brain Shows No Proven Edge
Stonkfly, an open-source crypto trading experiment using a simulated fruit fly brain, has not demonstrated a profitable trading edge. Its Coinbase integration is minimal and lacks real trading validation.
HKEX Tech 100 Revamps with New Entrants and Stricter Caps
HKEX Tech 100 begins September reset with 10 new constituents including Pony AI and WeRide, alongside an 8% weight cap and 25% industry limit.
KOSPI Slides 3.3% as AI Selloff and Oil Spike Hit Chip Stocks
KOSPI fell 3.3% as AI-linked stocks like SK Hynix and Samsung dropped on safety calls and oil price spike. Index neared session low.
Z.AI's $5B Capital Raise Triggers Stock Slip, Dilution Fears
Z.AI's Hong Kong shares dropped 7.4% after a $5B raise that could expand share count 10.4%, as investors weigh dilution against growth plans.