BusinessBroadcom’s weaker-than-expected AI-chip outlook triggers steep sell-off and sector-wide declinesBroadcom shares plunged in extended trading after the company issued weaker-than-expected guidance for its AI-chip business, wiping more than $200 billion off its market value.3 min read
BusinessSK Hynix plans US ADR offering as AI-driven memory demand tightens marketSouth Korea's SK Hynix is moving forward with plans to issue American Depositary Receipts (ADRs) by 2026 to broaden its investor base, amid robust AI-driven demand that has pushed its market value past $1 trillion.2 min read
BusinessCrowdStrike beats quarterly estimates modestly but shares tumble after hoursCrowdStrike modestly exceeded Wall Street expectations for revenue and adjusted EPS in its latest quarter, yet its shares fell more than 10% in after-hours trading as the results failed to fully meet the high investor optimism.3 min read
BusinessBroadcom Q2 revenue slightly misses estimates; CEO keeps 2026 AI revenue target unchanged and shares tumbleBroadcom reported $22.2 billion in revenue for its second fiscal quarter, narrowly below analysts' $22.3 billion estimate, while adjusted EPS beat at $2.44.2 min read
BusinessKodesage raises $6.6M seed round led by VentureFriends with angel backers including Mario Götze and Christian SzegedyHungarian-founded Kodesage closed a $6.6 million seed round led by Greece-based VentureFriends, with participation from PortfoLion and angel investors including Christian Szegedy and World Cup winner Mario Götze.3 min read
BusinessIndex rule changes and mega AI IPOs could create artificial demand for stocksA wave of large initial public offerings this year from AI-linked companies such as SpaceX, Anthropic and potentially OpenAI is prompting index providers to speed up inclusion rules.3 min read
BusinessSuno's surge and Spotify's pivot as AI-generated music reshapes the industrySuno announced over $400 million in fresh funding, lifting its valuation to $5.4 billion amid rapid expansion of AI-generated music.3 min read
BusinessMorningstar: SpaceX valuation may be substantially overstated ahead of Nasdaq IPOMorningstar analysts warn that SpaceX could be significantly overvalued at the time of its planned Nasdaq listing, estimating a much lower discounted cash‑flow value than private‑market marks.3 min read
BusinessAnthropic acquires Stainless SDK tool, will discontinue public service by Sept. 1, 2026Anthropic has purchased Stainless, the company behind SDKs used by hundreds of firms including OpenAI, in a deal reported at over $300 million.2 min read
BusinessDeepSeek Plans Major Fundraise That Could Value It at $52–59B, Backers Include Tencent and CATLChinese AI startup DeepSeek is preparing a primary funding round that could raise about 50 billion yuan (~$7.4 billion), with a post-money valuation estimated between 350 and 400 billion yuan (~$52–59 billion).2 min read
BusinessVercel positions itself as a 'yes-code' platform in the era of coding agentsVercel advocates a 'yes-code' approach instead of no-code, stressing that coding agents have made code cheap, simple, and plentiful; the company aims to create a high-performance, compromise-free…1 min read
BusinessAnthropic confidentially files S-1, aiming to beat OpenAI to the public marketsAnthropic, founded in 2021, has confidentially filed an S‑1 with the SEC a week after closing a $65 billion private round that valued the company at $965 billion — surpassing OpenAI’s roughly $852 billion.2 min read
