The optical industry's two largest laser chip suppliers, Lumentum Holdings and Coherent Corp., confirmed a severe supply shortage driven by rising demand for AI-related optical solutions. This shortage is causing major customers to seek alternative suppliers urgently. The persistent scarcity is expected to benefit optical technology companies, with investment analyst Uttam Dey recommending increased exposure to stocks like Lumentum and Applied Optoelectronics as AI infrastructure expands.
Novo, a Danish pharmaceutical company, saw its shares fall up to 7% after announcing plans to launch over five new drugs with blockbuster potential by 2030 and targeting pipeline sales exceeding $23 billion by 2035. The company aims to grow revenue f...
Elevra is revising its commercial agreements following a merger to gain more economic benefits from its North American Lithium (NAL) production. The company expects improved contract terms and a phased expansion at NAL to increase profit margins and ...
Gold prices dropped despite weekend bombings in Riyadh and geopolitical tensions, as three central banks raised interest rates within eight days. Minneapolis Fed President Neel Kashkari's comments on broad-based inflation reinforced expectations of f...
Hyperliquid generated $429.04 million in revenue from January 1 to September 15, 2026, making it the top crypto revenue generator in CoinGecko's adjusted ranking. It captured 12.62% of the $3.40 billion revenue pool, outpacing second-place Pump.fun b...
Uniswap founder Hayden Adams revealed that Sam Bankman-Fried allegedly purchased the Uniswap.com domain for a seven-figure sum after Uniswap Labs refused to pay the asking price. Bankman-Fried reportedly redirected the domain to SushiSwap, a competin...
