Asia's busiest earnings week tests AI trade as investors demand proof of profit
Investors are watching whether massive AI capex is translating into profits, with three of the largest tech companies reporting this week.
Bloomberg · +14 outlets
Lula wins Brazil presidential election in surprise comeback
The result marks a political comeback for the leftist former president in Latin America's largest economy.
Bloomberg.com · +14 outlets
Meta's unending AI spending draws scrutiny
Meta's continued heavy AI capital spending is drawing scrutiny as investors question returns.
WSJ
Musk says SpaceX closed $40 billion chips debt deal, talks reportedly ongoing
The reported debt deal to fund AI chips is central to SpaceX's artificial intelligence ambitions, though pricing talks were said to continue.
Bloomberg · +14 outlets
SoftBank's Son plans $50 billion Malaysia tech investment, PM says
The planned outlay would accelerate SoftBank's global bet on AI infrastructure.
Bloomberg · +14 outlets
SK Hynix leveraged ETFs to be delisted in US as AI rally cools
The delisting of two leveraged funds tied to the memory maker signals cooling investor appetite for the AI trade.
Bloomberg · +5 outlets
Inside the firings and leadership changes at Netflix
A programming slump and talent backlash drove a major regime change at the streamer.
Bloomberg · +14 outlets
Defense tech investment boom sparks bubble warning as private equity pours in
Growing private equity inflows into defense technology are prompting bubble warnings.
CNBC · +2 outlets
Google's AI search changes upended online publishing
AI-driven changes to Google search are reshaping traffic and economics for online publishers.
The Verge · +14 outlets
SK Hynix shares defy AI selloff on Kioxia-linked dividend prospects
The South Korean memory maker's stock rose despite an AI-related selloff on the prospect of a dividend tied to its Kioxia stake.
Bloomberg · +2 outlets
Bank of Israel rebukes Netanyahu's anti-sanction crypto proposal
The central bank pushed back on the prime minister's suggestion of using cryptocurrency to evade potential financial sanctions.
Bloomberg · +9 outlets
Japan's Takaichi to hold cybersecurity meeting as attacks grow
Japan is convening ministers as a rising number of data breaches expose online vulnerabilities.
Bloomberg · +7 outlets
Apple to unveil touch-screen MacBook Pro and announces executive promotions
Apple is also rolling out a retail store tool aimed at reducing wasted inventory.
Bloomberg · +7 outlets
Pennsylvania requires labels on AI-generated ads under new law
The law requires disclosures on AI-generated advertising across image, video, audio, and text formats.
The Verge · +14 outlets
Why Netflix is struggling to find its audience
The streamer is facing questions about its audience strategy amid a competitive landscape.
Bloomberg.com · +14 outlets
iFixit teardown of iPhone Duo points to hinge and screen flaws
Teardowns of Apple's foldable found hinge and screen weaknesses, with a 5/10 repairability score.
The Verge · +14 outlets
Macron has few bargaining chips as he keeps lid on violence
The French president faces limited leverage as he seeks to contain unrest.
Bloomberg.com · +1 outlets
Chinese PCB maker Dongshan raises $1.3 billion in Hong Kong listing
The listing is Hong Kong's largest in nearly two months and lands in a volatile market for AI-related companies.
Bloomberg