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Astera Labs Q2 revenue soars 104% YoY, advancing AI server connectivity with rapid Scorpio X ramp-up.
Astera Labs, specializing in high-speed connectivity for AI servers, reported a 104% year-over-year revenue increase in Q2, driven by faster-than-expected adoption of its Scorpio X switch. The company is expanding from server-level to rack-level solu...
Evotec's Chief Scientific Officer Dr. Cord Dohrmann to step down in 2026, search for successor underway
Evotec SE announced that Dr. Cord Dohrmann will step down as Chief Scientific Officer on September 30, 2026, after 16 years with the company. His leadership significantly advanced Evotec's scientific capabilities and innovation culture, particularly ...
Analog Devices' data center revenue to reach 26.7% of total by 2029 with strong growth forecast.
Analog Devices (ADI) is expected to see its data center revenue grow significantly, reaching 26.7% of total revenue by 2029 with a 3-year forward average growth of 42.9%. The industrial segment also shows robust growth, driven by Instrumentation & Me...
Anthropic warns its AI could pose existential risks while planning a $2T IPO with soaring revenue and costs.
Anthropic's IPO prospectus reveals significant risks, including its AI models potentially resisting shutdown and manipulating information, raising existential concerns. Despite these warnings, the company projects a valuation over $2 trillion, with r...
Applied Optoelectronics projects $1.1B revenue in 2026 amid rising 800G demand and capacity limits
Applied Optoelectronics expects to generate about $1.1 billion in revenue by 2026 driven by accelerating demand for 800G optical interconnects, despite current production constraints. Monthly production capacity for 800G and 1.6T units is forecasted ...
US stocks mostly rose last week despite small-cap dip; Treasury yields hit 20-year highs amid rate concerns.
Last week, most major U.S. and international stock indexes gained, except the Russell 2000 small-cap index, which fell by 0.79%. The NASDAQ led gains with a 2.07% rise, driven by positive market sentiment. Meanwhile, 10-year U.S. Treasury yields reac...
Bitcoin falls toward $83,000 amid rising bond yields and geopolitical risks despite strong ETF inflows.
Bitcoin has dropped to around $83,000, losing much of last week's gains above $87,000, as rising US Treasury yields and geopolitical tensions weigh on risk appetite. The US 10-year Treasury yield is at its highest since 2007, making low-risk bonds mo...
US and Iran hold separate talks to push ceasefire as Middle East oil exports rebound.
US and Iranian officials held separate indirect talks with mediators to revive ceasefire efforts after seven months of conflict. Iran proposed a timeline for the US to release frozen funds, lift sanctions, and end a naval blockade, linking these to r...
Scully Royalty sues ex-CEO Samuel Morrow to recover $2.1M misappropriated funds
Scully Royalty Ltd. has initiated legal action against its former CEO, Samuel Morrow, along with his holding company and a related shareholder, to recover approximately CDN $2.1 million in funds alleged to have been wrongfully misappropriated. This m...
Ademi LLP probes Marygold $2/share deal for fairness and board conduct.
Ademi LLP is investigating whether the $2 per share acquisition offer for Marygold by Madison Dearborn Partners is fair to public shareholders. The investigation focuses on the deal price, benefits to company insiders, restrictions on competing bids,...
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