SK Hynix began trading on Nasdaq after raising $26.5 billion in an oversubscribed ADR offering, with the proceeds set to expand AI memory chip production.
Crypto-focused venture capital firm Paradigm has raised a new $1.2 billion fund to expand its investments beyond digital assets into artificial intelligence and robotics.
Volkswagen, BMW, and Mercedes-Benz are cutting jobs and reducing costs as rising competition from Chinese automakers reshapes the global automotive industry.
SpaceXAI has launched Grok 4.5, its most advanced AI model yet, designed for coding, agentic tasks, and knowledge work with availability through Grok Build, Cursor, and the API.
Instagram now allows Meta AI to generate images using photos from public accounts by default, unless users manually disable the feature in their settings.
Honda, Nissan, and Mitsubishi are expanding their partnership by sharing software, electronic systems, and components in an effort to cut costs and better compete with rapidly growing Chinese automakers.
South Korea’s stock market fell sharply as investors sold AI chipmakers despite Samsung reporting record quarterly operating profit driven by strong demand for AI memory.
Donald Trump’s latest financial disclosure shows more than $2 billion in reported income for 2025, including roughly $1.4 billion from crypto ventures and thousands of stock trades involving major technology companies.
EasyJet has agreed in principle to a £5.2 billion takeover proposal from U.S. investment firm Castlelake after rejecting four previous offers.
SpaceX officially joins the Nasdaq-100 today, a move expected to trigger billions of dollars in passive buying from ETFs and index funds tracking the benchmark.
Central banks more than doubled their net gold purchases in May, led by Poland and China, as official institutions continued to increase their exposure to the precious metal.
Michael Burry has expanded his bearish bets against the AI semiconductor sector, shorting Micron, Nvidia, Applied Materials, and the iShares Semiconductor ETF while warning that valuations resemble the dot-com bubble.
Alibaba has banned employees from using Anthropic’s Claude Code, directing developers to use its in-house AI coding platform after concerns over user identification features.
Michael Burry warned that AI and semiconductor stocks may be approaching dot-com-style valuations, arguing that parts of the sector could face a correction of up to 30%.
Cloudflare has opened the waitlist for Monetization Gateway, a service that enables websites, APIs, datasets, and AI tools to charge for access through the open x402 payment protocol.