
SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom
Jun 24, 2026 03:02 am UTC| Business Technology
South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock
Jun 23, 2026 22:17 pm UTC| Business Technology
Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist
Jun 23, 2026 22:14 pm UTC| Business Technology
SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...

Alphabet Replaces Verizon in Dow Jones Industrial Average
Jun 23, 2026 22:12 pm UTC| Business Technology
Alphabet (NASDAQ: GOOGL), the parent company of Google, will replace Verizon Communications in the Dow Jones Industrial Average (DJIA) effective June 29, according to an announcement from SP Dow Jones Indices on Tuesday....

Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy
Jun 23, 2026 07:23 am UTC| Business Technology
Tencent Holdings (HK:0700) is reportedly exploring potential exits from several investments in Japanese game developers, including its stake in Marvelous Inc. (TYO:7844), as the Chinese technology giant reevaluates its...

WiseTech Global Denies Knowledge of Investigation Into Founder Richard White
Jun 23, 2026 03:32 am UTC| Business Technology
Australia-based logistics software company WiseTech Global (ASX: WTC) has stated that it is unaware of any investigation involving its Executive Chair and founder, Richard White, following media reports that triggered a...

Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom
Jun 23, 2026 02:38 am UTC| Technology Business
Baseten, a California-based artificial intelligence startup co-founded by Australian entrepreneurs, has raised $1.5 billion in a new funding round, pushing its valuation to $13 billion. The deal highlights the growing wave...