Key Points: Stock indices show marginal gains, with the S&P 500 increasing by 0.19%, the Nasdaq 100 reflecting a gain of 0.21%, and the Dow 30 showing a rise of 0.20%. Tesla, Inc. (TSLA) experienced a notable surge of 4.05%....
Ørsted A/S is a Danish multinational renewable energy company specializing in offshore wind farms. Established in 1972 as DONG Energy, it underwent a significant transformation, shifting its focus from fossil fuels to renewable energy. Ørsted has become a global leader in offshore wind energy, with projects across Europe, Asia, and North America. The company's commitment...
Key Points: SK Hynix plans to invest $4 billion in constructing an advanced chip packaging facility in West Lafayette, Indiana, which will bolster its presence in the U.S. The facility's operations are expected to commence in 2028. It will create 800 to 1,000 new jobs and offer a significant economic boost to the region. The...
Key Points: Alibaba announced that it will cancel its planned initial public offering (IPO) for its smart logistics unit, Cainiao, citing challenging market conditions in China. The decision reflects growing investor concerns over softer consumption, a real estate crisis, and mounting debt issues in China. Alibaba holds a 64% stake in Cainiao and revealed its...
Key Points: Qualcomm introduces S3 Gen 3 and S5 Gen 3 sound platforms to improve audio performance in mid-tier and...
Key Points: Canva acquired the Affinity suite of creative software, its largest acquisition, valued at "several hundred million pounds." Canva...
Key Points: Japanese stocks closed higher, led by gains in the Paper & Pulp, Shipbuilding, and Railway & Bus sectors;...
Key Points: Elon Musk mandates installing and demonstrating Tesla's Full Self-Driving (FSD) system before vehicle deliveries in North America. FSD...
Key Points: Former astronaut Harrison Schmitt co-founded Interlune, a startup focused on mining helium-3 from the lunar regolith. Helium-3, abundant...
