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US government’s $8.9B Intel stake surges to $50.7B, netting nearly $42B unrealized gain.
The US government invested $8.9 billion last year to acquire a 9.9% stake in Intel, buying 433.3 million shares at $20.47 each under the CHIPS Act. Intel’s stock price has since surged to $117, making the government’s shares worth about $50.7 billion...
Geotab opens new engineering center in Detroit, creating 40 jobs to boost automotive innovation.
Geotab, a leader in connected transportation solutions, has opened a new engineering center in metro Detroit, Michigan. The facility will create up to 40 engineering jobs and serve as a hub for developing next-generation transportation technologies. ...
Biopesticides market grows on eco-friendly demand, tech advances, and rising organic food trends.
The global biopesticides market is expanding rapidly due to increasing demand for sustainable agriculture, driven by consumer health concerns and environmental regulations. Growth is supported by government incentives, rising organic food consumption...
Yusheng's Taocheche leads China's growing used-car market but faces losses amid trust-building costs.
Yusheng Holdings Ltd., operator of Taocheche, China's largest used-car platform, is preparing for an IPO as the country's used-car market expands, reaching 20.1 million transactions in 2025. Despite growing revenue and market share, Yusheng faces sig...
Metallium completes 12-hour continuous run of its Flash Joule Heating reactor, advancing e-waste metal recovery tech.
Metallium Limited successfully completed a 12-hour continuous operation of its proprietary Flash Joule Heating (FJH) reactor at its Texas facility, validating the stability and automation of its technology. This milestone reduces risks for scaling up...
Dreamland shares jump 47% after announcing AI-driven image library project with LinkFung Innovation.
Dreamland, a Hong Kong-based event management company, saw its shares rise 47.12% in premarket trading after its subsidiary signed a non-binding memorandum with LinkFung Innovation to develop an AI-powered intelligent image library platform. The plat...
Yukon Metals advances Yukon copper-gold projects amid rising gold prices and major mining investments
Yukon Metals Corp. is making significant progress in its 18-project copper-gold portfolio in Yukon, Canada, supported by strong gold prices and renewed capital interest in the region. Key projects like Birch, Carter Gulch, and Star River have reporte...
US stock futures fall as Trump criticizes Iran ceasefire; key CPI data awaited.
US stock futures declined following President Trump's criticism of Iran's ceasefire response, calling it "on life support." Investors are also focused on the upcoming April consumer price index (CPI) release, with an expected 3.7% year-over-year incr...
Amazon expands 30-minute delivery service to more US cities, challenging Walmart and Target.
Amazon is expanding its "Amazon Now" service, which delivers groceries, electronics, and essentials within 30 minutes in several US cities including Atlanta, Dallas-Fort Worth, Philadelphia, and Seattle, with plans to add more cities. Prime members p...
Debate heats up on whether AI spending is delivering real economic returns or just future promises.
Leading investors debated if AI investments are currently boosting company profits or if Wall Street is overestimating future gains. Chamath Palihapitiya warned companies must prove AI spending yields real revenue within 500 days, citing no clear evi...