Unitree Robotics, a Chinese humanoid robot maker, saw its shares jump 542% on its Shanghai stock market debut, raising about 6.1 billion yuan ($905 million) in its IPO. The company, known for its agile robots capable of backflips and dancing, attracted investment from Chinese AI firm DeepSeek and tech giant Tencent. Unitree recently introduced a new humanoid robot, "Superman," which can jump two meters and run at high speeds. This IPO reflects growing investor interest in China's robotics sector, with Morgan Stanley forecasting significant market growth through 2030.
China's 10-year government bond yield dropped to 1.67%, its lowest since July 2025, driven by disappointing economic data and expectations of more stimulus from Beijing. Key indicators like industrial production and retail sales fell short of forecas...
SoundHound reported a strong Q2 with revenue up 45% year-over-year to $61.9 million, driven by major enterprise deals and improved gross margins reaching 58.4%. The company is advancing its AI voice software business through the launch of its OASYS a...
Globant initially forecasted 2026 revenue growth but later revised its outlook to a slight year-over-year decline, causing a sharp drop in its stock price. This reversal prompted Levi & Korsinsky to investigate potential securities law violations on ...
Bicara Therapeutics is progressing its Phase 3 trial of ficerafusp alfa for head and neck cancer, expecting interim results by mid-2027 that could support accelerated approval. The company holds nearly $500 million in cash and securities, funding ope...
Harmony Protocol detected a massive security breach where over three trillion forged ONE tokens were minted, inflating supply by billions of dollars. To fix this, the network will roll back to a state before the hack, erasing more than 141,000 blocks...
