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TONX News30 articles
Grab Debuts Autonomous Ride Service in Singapore Amid Strategic Pivot
Grab Holdings has initiated Singapore's first public autonomous vehicle ride service in Punggol, partnering with WeRide. The move aligns with Grab's strategic focus on automation and AI to improve profitability.
Blackstone Enlists Top Golfer Fleetwood in Wealth Management Expansion
Blackstone has appointed professional golfer Tommy Fleetwood as its inaugural global brand ambassador, a strategic move to attract high-net-worth individual investors. The firm's private wealth unit now oversees $302 billion in assets as competition for affluent capital intensifies.
AST SpaceMobile Targets April 10 for BlueBird 7 Launch Amid Rival Rocket Lab's ESA Milestone
AST SpaceMobile has scheduled its BlueBird 7 satellite launch for April 10, while Rocket Lab successfully completed its first dedicated mission for the European Space Agency. Both companies are advancing amid a backdrop of robust financial results and industry momentum.
Peloton Shares Surge on Bullish Hedge Fund Bet, Yet Demand Concerns Loom
Peloton Interactive's stock rallied sharply Friday following a bullish hedge fund disclosure, though the company's ongoing subscriber losses and soft revenue forecasts highlight persistent challenges.
Markets Rally on Ceasefire Hopes; Cotton, Oil Surge
Global markets reacted to shifting Middle East dynamics, with Indian indices soaring over 900 points on ceasefire hopes and lower oil prices. Commodity markets saw cotton futures and crude oil advance.
Oklo Gains on Regulatory Milestones Amid Mounting Losses
Oklo shares climbed nearly 5% as investors balanced regulatory progress, including a key NRC license, against escalating financial losses detailed in its annual filing.
NIO Shares Retreat Despite Milestone Profit as Sector Concerns Mount
NIO's U.S.-listed shares declined nearly 8% Friday, dragged down by broader weakness in Chinese electric vehicle stocks following a disappointing forecast from rival Xpeng. The sell-off occurred despite NIO recently posting its first-ever quarterly net profit.
Oklo Shares Gain Despite Widening Loss, Fueled by Regulatory Milestones
Oklo's 2025 net loss expanded to $105.7 million, yet its stock climbed 1.4% following critical U.S. regulatory approvals for its nuclear reactor and isotope initiatives. The company holds $1.41 billion in liquidity.
ImmunityBio Surges on NK-Cell Manufacturing Milestone, Anktiva Expansion Progress
ImmunityBio shares jumped 10.5% Friday following news of a completed scalable manufacturing process for its NK-cell therapy platform and regulatory progress for its drug Anktiva. The company also reported surging 2025 revenue.
Huntington Bancshares Reaffirms 2026 Outlook Amid Stock Consolidation
Huntington Bancshares shares stabilized around $15.50 as management confirmed its 2026 financial guidance and projected $550 million in stock buybacks for that year, while anticipating significant cost savings from recent acquisitions.
UiPath Shares Slide on Slower Growth Forecast Despite Profit Milestone
UiPath shares declined premarket as its fiscal 2027 revenue growth outlook of approximately 9% disappointed investors, overshadowing a fourth-quarter earnings beat and a new $500 million share repurchase program.
Tesla Finance Chief Exits Amid Strategic Shift to Autonomous Tech
Tesla's vice president of finance Sendil Palani is leaving the company after a 17-year tenure, marking another high-level departure as Tesla intensifies its focus on self-driving technology and robotics.
P&G's Gillette Commits $1 Billion to New Boston HQ Amid Growth Challenges
Procter & Gamble's Gillette brand is investing close to $1 billion to establish a new global headquarters and research hub in South Boston, maintaining its commercial and R&D presence in the city while shifting manufacturing to Andover in 2026.
Zoox Expands Robotaxi Testing to Dallas and Phoenix Amid Intensifying U.S. Autonomous Race
Zoox, Amazon's autonomous vehicle unit, is launching test operations in Dallas and Phoenix, bringing its U.S. test markets to 10. The expansion includes a new operations center and hundreds of jobs.
Hong Kong Boosts Gold Hub Ambitions with Refiner Incentives, 2,000-Tonne Storage Goal
Hong Kong is rolling out new incentives to attract gold refiners and facilitate cross-border precious metals trade with mainland China, aiming to expand storage capacity beyond 2,000 metric tons. This push aligns with China's broader strategy to increase its influence in global gold pricing.
Sunrise Energy Metals shares decline following Syerston project update
Sunrise Energy Metals Ltd shares dropped 3.6% to A$7.69 after publishing an updated feasibility study for its Syerston scandium project, with development capital estimated at US$120 million.
Sunrise Energy Metals Shares Dip on Updated Syerston Scandium Project Study
Sunrise Energy Metals Ltd (ASX:SRL) shares declined following the release of an updated feasibility study for its Syerston scandium project, which outlines a US$120 million capital requirement and a mid-2028 production target.
Nvidia Invests $4 Billion in Photonics to Power Next-Gen AI Data Centers
Nvidia shares gained 3% in after-hours trading following its $4 billion investment in photonics suppliers Lumentum and Coherent. The move aims to secure critical optical components for AI data centers.
Nvidia Invests $4 Billion in Photonics Suppliers to Secure AI Data Center Future
Nvidia shares gained 3% in after-hours trading following the announcement of $4 billion in strategic investments in photonics suppliers Lumentum and Coherent. The deals aim to secure critical optical components for AI data center infrastructure.
Caterpillar Gains on AI, Autonomy Push at CONEXPO as Industrials Rise
Caterpillar shares advanced 1.4% to $753.29 Monday following announcements of new technology and service initiatives at the CONEXPO-CON/AGG construction event in Las Vegas.
Caterpillar Gains on AI, Autonomy Push at CONEXPO Amid Labor Challenges
Caterpillar shares advanced 1.4% to $753.29 Monday following announcements of expanded rental programs, AI enhancements, and autonomous machinery demonstrations at the CONEXPO-CON/AGG event in Las Vegas.
BHP Reaches 52-Week Peak Ahead of Key Dividend Milestone
BHP Group Ltd surged to a 52-week high of A$59.25, gaining 1.4% as the market anticipates its upcoming ex-dividend date. The mining giant also updated its interim dividend notice with key currency conversion details.
Intel Closes Week Higher as ASML Milestone and Macro Data Loom
Intel shares gained 3.4% this week, finishing Friday at $45.61. Focus shifts to ASML's production milestone for next-gen tools and key macroeconomic data due next week.
Geopolitical Tensions, Banking Jitters Set Tone for London Open
London markets brace for a volatile open driven by oil price spikes after Iran tensions and lingering banking sector concerns, with key economic data and corporate earnings on tap.
STI Nears 5,000 Milestone as Earnings Drive Gains
The Straits Times Index advanced 0.6% to 4,995.07, just shy of the 5,000 level. Yangzijiang Shipbuilding and AEM Holdings posted double-digit gains on strong earnings and guidance.
Celldex Shares Pull Back After Barzolvolimab Enrollment Milestone
Celldex Therapeutics shares retreated about 4% in premarket trading Thursday, giving back some of the prior session's 24% surge. The biotech completed patient enrollment for two key Phase 3 studies of its mast cell inhibitor barzolvolimab six months early.
Exxon Shares Slip as Oil Volatility, Broader Market Moves Set Tone
Exxon Mobil shares declined 2.44% to $147.28, underperforming peers as oil prices fluctuated. The broader market rose following a Supreme Court decision on tariffs.
Futamura Wigton Plant Workers Set Strike Vote After Overwhelming Pay Offer Rejection
Workers at Futamura's cellulose film plant in Wigton, England, will hold a strike ballot after overwhelmingly rejecting a 1.2% pay offer. The GMB union is demanding a 3.8% increase, citing inflation.
IPG Photonics Holds Gains After 35% Rally, Announces $100M Buyback
IPG Photonics stock held steady near $150 in premarket trading Friday after a 35% surge. The laser manufacturer reported 17% revenue growth and authorized a $100 million share buyback.
Krafton Eyes AI Robotics and $1 Trillion Shareholder Returns After Record Revenue
Krafton is exploring applying its game-trained AI to humanoid robots while launching a major shareholder return program after achieving record annual revenue.