Commonwealth Bank warning after China cuts off critical chemical export: ‘Already tight’
China’s latest move amid the Iran conflict could be another blow to farmers and food prices. (Source: Getty/Yahoo…
Apple’s foldable iPhone is reportedly at risk of delay
Apple has run into “more issues than expected” with its foldable iPhone that may set back its release,…
Nvidia-Backed Data Center Builder Firmus Raises $505 Million
(Bloomberg) — Data center builder Firmus Technologies Pty raised $505 million in an investment round led by Coatue…
Samsung Beats High Estimates After AI Chip Sales Defy War Fears
(Bloomberg) — Samsung Electronics Co. earned a far stronger-than-expected eight-fold leap in quarterly profit, underscoring robust demand for…
OpenAI Is Falling Out of Favor With Secondary Buyers
(Bloomberg) — OpenAI shares have fallen out of favor on the secondary market — in some cases becoming…
Virgin Galactic is booking space trips at $750,000 apiece
(Bloomberg) — Virgin Galactic Holdings Inc. (SPCE) shares jumped after it resumed sales of its commercial space flights…
China Increases Overseas Investment Quota by Most Since 2021
(Bloomberg) — China raised the cap on institutional investors’ overseas securities purchases by the most since 2021, aiming…
Microsoft Set for Worst Quarter Since 2008 as AI Fears Converge
(Bloomberg) — Microsoft Corp. is at the intersection of two troubling trends roiling the technology sector, which has…
Claude AI Maker Anthropic Considers IPO as Soon as October
(Bloomberg) — Anthropic PBC is considering going public as soon as in October, according to people familiar with…
No Major Apple Watch Redesign Expected This Year
In addition to indicating that a new full-sized HomePod is in the works, and that the foldable iPhone…
Peter Thiel is betting big on a $2B AI cow collar startup powered by cowgorithms — and investors are fighting to get in
An artificial intelligence startup that makes collars for cows is about to be worth more than $2 billion…
Shockwave of War Is Rippling Through the Global Economy
Photographer: Rebecca Noble/Bloomberg (Bloomberg) — The global economy’s first collective health check since war broke out in the…