Puma Shares Surge on Report of Potential Buyout Interest From China’s Anta Sports
Puma shares jumped sharply after reports that Anta Sports and other Asian athletic brands are exploring a potential acquisition of the German sportswear company.
Puma shares jumped sharply after reports that Anta Sports and other Asian athletic brands are exploring a potential acquisition of the German sportswear company.
A Singapore teen launched a handyman website for $23 at age 16. A decade later, the brothers behind Repair.sg run a business generating more than $1.3 million a year and employing over 20 staff.
Gold climbed over 1% to its highest level in nearly two weeks after soft U.S. economic data strengthened expectations of a Federal Reserve rate cut next month, lifting demand for non-yielding bullion.
China’s net gold imports via Hong Kong fell sharply in October, sliding about 64% from September as softer domestic demand and high global prices curbed buying activity.
Nvidia shares fell after reports that Meta is considering buying Google’s AI chips, raising concerns that the industry’s largest GPU buyer may diversify away from Nvidia.
Gold prices declined after a stronger-than-expected U.S. labor report and a firmer dollar, which reduced expectations of an imminent interest-rate cut by the Federal Reserve.
Elon Musk released a video showing Optimus robots performing roles from construction to medicine, fueling debate over Tesla’s broader ambitions in humanoid automation. The company has not clarified the clip, but prior comments suggest Musk sees robots as central to future economic productivity.
Deutsche Bank is re-establishing its presence in global precious-metals trading after a hiatus, generating well over $100 million in first-half revenues and signalling a strategic shift toward bullion markets.
Eli Lilly crossed a $1 trillion market capitalization for the first time, powered by booming demand for its diabetes and weight-loss drugs.
Singapore Exchange and Nasdaq have unveiled a dual-listing framework allowing large companies to list in both markets using a single regulatory process. The move aims to enhance liquidity, global access, and competitiveness of Singapore’s equity market.
Google introduced Gemini 3, its most advanced AI model to date, designed to outperform competing systems in reasoning, analysis, coding, and multimodal creation. The new platform transforms AI from a conversational tool into a full-scale development engine.
Cloudflare stock fell nearly 4% in premarket trading after reports of outages affecting several internet services, including Elon Musk’s social platform X. The cause of the disruptions remains unclear.
Bitcoin briefly fell below $90,000 amid more than $1 billion in liquidations, even as MicroStrategy and El Salvador ramped up purchases. Forecasts for long-term BTC gains remain sharply divided.
Nvidia CEO Jensen Huang announced an order backlog of roughly $500 billion tied to new AI-chip generations, setting intense focus on the company’s upcoming Q3 earnings and growth outlook.
Billionaire Peter Thiel has exited his full position in Nvidia, citing fears of an artificial-intelligence-driven tech bubble that may already be peaking.