ShareChat IPO plan: why its profit turn matters
Key takeaways ShareChat IPO plan is the company’s goal to sell shares to the public, likely next year. ShareChat says…
From the newsroom
SoftBank loan talks: why its OpenAI stake matters
SoftBank loan talks are back, and they center on one big idea: borrowing money against its OpenAI stake. SoftBank loan…
Intel growth bet shifts to robotics, edge and enterprise AI
Intel is chasing a new path for growth. Intel growth bet is the company’s push into robotics, enterprise AI, and…
Crude oil prices fall as Hormuz traffic stays open
Key takeaways Crude oil prices dropped as ships kept moving through the Strait of Hormuz. Brent fell below $71 a…
Steel quotas: how India’s FTAs soften the hit
Steel quotas are limits on how much steel a country can import. India now faces new steel quotas in Europe…
Hong Kong tradable shares: can the market absorb $100B?
Hong Kong tradable shares could jump by about US$100 billion as lock-ups end and more stock becomes available to sell.…
Venice AI valuation hits $1 billion in busy deal week
Key takeaways Venice AI valuation reached $1 billion after a fresh funding round. Plaid is exploring an IPO, which means…
Alibaba settlement: why the $600 million deal matters
Alibaba settlement is the deal Alibaba reached to pay $600 million and end a US investigation. The case looked at…
Nifty IT slump: why India’s tech stocks had a bad half
Nifty IT slump is the sharp fall in India’s top tech stock index this year. It means shares of big…
Meta cloud business: Why Zuckerberg is eyeing servers
Key takeaways Meta cloud business means Meta may sell computing power and software to outside customers. Investors liked the idea,…