News Hub

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Latest Articles

Tasly Pharmaceutical Shares Jump After Strong H1 Profit Print

Tasly Pharmaceutical Shares Jump After Strong H1 Profit Print

Tasly Pharmaceutical shares rose after the company reported H1 2026 results showing RMB 8.93 billion in net profit attributable to shareholders, a roughly 15.2% year-over-year increase, and an adjusted net profit gain of about 36% excluding non-recurring items. The results outpaced market expectations even as revenue slipped about 2.0% to RMB 42.01…

Ather Energy Jumps After Hero MotoCorp Approves Strategic Investment

Ather Energy Jumps After Hero MotoCorp Approves Strategic Investment

Ather Energy’s shares climbed after Hero MotoCorp’s board approved an investment of up to ₹10 billion via preferential allotment. The move comes as Ather pursues a broader capital raise of up to ₹2,500 crore, backed by robust retail sales and year-on-year revenue growth in FY26 that has narrowed losses and bolstered its institutional fundraising ca…

SK Hynix Shares Surge on US Tech Rally and Bullish AI-Driven Demand Calls

SK Hynix Shares Surge on US Tech Rally and Bullish AI-Driven Demand Calls

SK Hynix shares climbed sharply in Seoul trading as a broad advance in U.S. technology stocks and optimistic analyst commentary around AI-led memory demand boosted investor appetite. The rally followed a steep, record decline after the company’s Nasdaq listing, and came alongside a strong rebound in its U.S.-listed ADRs. Barclays initiated coverage…

ASML Faces High Bar After AI-Driven Market Shakeup

ASML Faces High Bar After AI-Driven Market Shakeup

ASML, the sole producer of EUV lithography machines, is due to publish second-quarter results with analysts forecasting modest profit and revenue gains. The stock faces elevated expectations after a sharp market reaction to IBM’s earnings highlighted how AI-related shifts in corporate spending can rapidly re-order winners and losers. Broader market…

Stripe and Advent Submit Joint $53 Billion Offer to Acquire PayPal

Stripe and Advent Submit Joint $53 Billion Offer to Acquire PayPal

Stripe and private equity firm Advent International have together offered to acquire PayPal in a transaction valuing the payments company at more than $53 billion. The proposal, lodged earlier in July, would pay $60.50 a share - about a 28% premium to the stock's close on Tuesday - and is supported by approximately $50 billion of committed financin…

Asian Currencies Trade Cautiously as Yuan Holds Up Despite Global Tensions

Asian Currencies Trade Cautiously as Yuan Holds Up Despite Global Tensions

Most Asian currencies traded in tight ranges as investors adopted a cautious stance amid renewed military activity involving Iran and elevated oil prices. Softer U.S. consumer inflation lifted the dollar off recent highs but did not trigger broad gains for regional currencies. China reported mixed second-quarter data that helped the yuan outperform…

Stripe and Advent Submit $60.50-Per-Share Bid to Acquire PayPal, Backed by Roughly $50 Billion in Bank Financing

Stripe and Advent Submit $60.50-Per-Share Bid to Acquire PayPal, Backed by Roughly $50 Billion in Bank Financing

Payments firm Stripe and private equity investor Advent International have presented a joint proposal to buy PayPal for $60.50 a share, a bid that values the company at over $53 billion. The offer, delivered earlier this month, is supported by approximately $50 billion in committed bank financing and represents roughly a 28% premium to PayPal's clo…

Three AI Chip Startups Seek Large Funding Rounds, Eye Higher Valuations

Three AI Chip Startups Seek Large Funding Rounds, Eye Higher Valuations

Three artificial intelligence chip companies are pursuing substantial capital raises that, if completed as discussed, would substantially raise their private valuations. FuriosaAI is reported to be seeking $500 million or more at a valuation above $2 billion; Nuvacore is nearing an additional raise of roughly $200 million or more; and d-Matrix is i…

SoftBank Shares Drop After Arm Downgrade and Lingering OpenAI Uncertainty

SoftBank Shares Drop After Arm Downgrade and Lingering OpenAI Uncertainty

SoftBank Group Corp. shares fell 3.2% to ¥6,367 on Wednesday, pressured by a nearly 6% slide in Arm Holdings following an HSBC downgrade that questioned further AI-driven upside. Investors reacted with caution after CEO Masayoshi Son's expansive AI investment forecasts at SoftBank World 2026 and amid a stretched timeline for monetizing the company'…

Veea Begins Generating Revenue from SecureConnect Sales Through Telcel’s Internet Gestionado Service

Veea Begins Generating Revenue from SecureConnect Sales Through Telcel’s Internet Gestionado Service

Veea Inc., a US-listed company, has started generating revenue through sales of its SecureConnect platform products branded as Internet Gestionado, sold via Telcel’s direct and distributor sales channels in Mexico. The service integrates 5G fixed wireless access with AI-driven cybersecurity tailored for SMBs, addressing the growing cyberattack thre…

Capsized Pontoon Near Alcatraz Leaves One Dead, Two Still Missing

Capsized Pontoon Near Alcatraz Leaves One Dead, Two Still Missing

A triple-deck pontoon boat carrying 19 people capsized near Alcatraz Island in San Francisco Bay. One person died, three were hospitalized, 13 reached shore safely, and two remain missing as rescue vessels continue an active search. Authorities have not determined the cause of the accident and say there was no onboard fire.

Lundin Gold: Buy the Tier-1 Cash Machine on a Controlled Pullback

Lundin Gold: Buy the Tier-1 Cash Machine on a Controlled Pullback

Lundin Gold’s Fruta del Norte is a self-funding, high-quality gold operation with a market cap of roughly $13.3B, a trailing PE of ~14.2 and a 2.23% yield. The stock has pulled back to the mid-$50s and offers an attractive risk/reward if you buy a clear dip. Trade plan: enter $54.00, stop $48.00, target $80.00 over a long-term (180 trading days) ho…

SRB Corp and Plymouth Rock Co Inc Divest $2.61M in Safety Insurance Stock

SRB Corp and Plymouth Rock Co Inc Divest $2.61M in Safety Insurance Stock

SRB Corp and Plymouth Rock Co Inc, both recognized as ten percent owners of Safety Insurance Group Inc (NASDAQ: SAFT), have reported the sale of 34,272 shares of common stock. The transaction, which was filed with the Securities and Exchange Commission on July 13, 2026, resulted in a total transaction value of $2,605,933. Following this divestiture…