DaSouChe Holdings Ltd. (DSC) has filed for a Nasdaq listing, backed by major underwriters including Deutsche Bank and ICBC. DSC reported revenues of RMB 909M in 2023, RMB 948M in 2024, and RMB 677M in 2025, with a narrowing net loss over the same period. The 2025 revenue drop is due to divesting a B2B financial referral business. DSC aims to transform China's used-car market by integrating AI and digital tools into dealer workflows, shifting the industry from traditional methods to a more networked, AI-driven model.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
