SoftBank's shares fell 10% following a broader tech sell-off, driven by concerns over its high-risk AI investments despite a 70% gain this year. CEO Masayoshi Son views any market correction as a prime buying opportunity, comparing the AI revolution's potential to be 50 times larger than the dot-com boom. Other Asian tech giants like Samsung and SK Hynix also experienced declines amid profit-taking. The market's focus on short-term momentum contrasts with Son's long-term optimistic outlook on AI's impact.
The global data center colocation market, valued at $84.5 billion in 2025, is projected to reach $327.3 billion by 2035, expanding at a 14.5% CAGR. Growth is fueled by rising digitalization, demand for edge computing, low latency applications, and go...
Burckhardt Compression reported strong 2025 results with sales around CHF 1.06 billion and an EBIT margin of 13.3%, despite a 31.9% drop in order intake due to global disruptions and a stronger Swiss Franc. The company achieved record operating incom...
Three ultra-luxury real estate projects in Hong Kong and Shanghai achieved record sales despite a challenging market in 2025. A HK$2.2 billion sale for two houses in Deep Water Bay, Hong Kong, set a high price per square foot, driven by architecture ...
VCI Global Limited, through its subsidiary V Gallant, has signed a definitive agreement to acquire a controlling stake in PT Fine Carbon Credit Indonesia, covering 241,000 hectares of forestry assets in Indonesia. This acquisition supports VCI Global...
Aduro Clean Technologies has named Jan Lemmens as Project Director for its first-of-a-kind (FOAK) chemical recycling facility at the Chemelot Industrial Park in the Netherlands. Lemmens will oversee project development, technical planning, permitting...
