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Companies

Companies · 3 weeks ago Qatar Extends Force Majeure on LNG Supplies Amid Ongoing Strait of Hormuz Tensions QatarEnergy has extended its force majeure on LNG deliveries for another month due to ongoing disruptions in the Strait of Hormuz, affecting buyers in Europe and Asia. Companies · 3 weeks ago Micron Reports Record Revenue Amidst Competitive Pressure from CXMT Micron Technology has posted a remarkable revenue increase in fiscal Q3 2026, while facing emerging competition from China's ChangXin Memory Technologies, which recently debuted with significant market success. Companies · 3 weeks ago Tencent Tests New Hy4 AI Model in Yuanbao App Amidst Competitive Landscape Tencent has initiated gray testing of its Hy4 AI model within the Yuanbao app, marking a significant advancement in its AI capabilities amidst a competitive environment. Companies · 3 weeks ago Saudi Aramco Predicts 18-Month Recovery for Oil Inventories After Strait of Hormuz Disruption Saudi Aramco warns that global oil inventories will take at least 18 months to recover following significant supply disruptions caused by ongoing conflicts in the region. Companies · 3 weeks ago Shein Sets Hong Kong IPO Valuation at $26.5 Billion Amid Market Challenges Shein is pricing its Hong Kong IPO at approximately $26.5 billion, significantly lower than its previous valuations, as it shifts focus from Western markets to Asia. Companies · 3 weeks ago SEC Charges 38 Entities for Fraudulent Filings Targeting Retail Investors The SEC has charged 38 entities for submitting fraudulent registration forms to deceive retail investors, linking the scheme to a Hong Kong resident accused of orchestrating the fraud. Companies · 3 weeks ago OpenAI's Sam Altman Outlines Ambitious Plans for Humanoid Robots by 2027 OpenAI CEO Sam Altman has announced the company's plans to develop humanoid robots aimed at assisting in construction and eventually consumer tasks, with prototypes expected by 2027. Companies · 3 weeks ago Nvidia Ends Revenue-Sharing Agreements with AI Cloud Providers Nvidia has announced the termination of its revenue-sharing agreements with AI cloud providers, potentially impacting smaller players in the AI infrastructure market. Companies · 3 weeks ago Marvell Technology Reports $2.74B Q2 Revenue Driven by AI Demand Marvell Technology has announced a record revenue of $2.739 billion for Q2 2027, marking a 37% increase year-over-year, largely fueled by demand in its data center segment. Companies · 3 weeks ago Anthropic Plans Unique IPO Structure Allowing Shareholder Sales with Extended Lockups Anthropic is considering a novel approach for its upcoming IPO, allowing existing shareholders to sell stock while implementing longer lockup periods to manage market supply post-listing. Companies · 3 weeks ago Charles Schwab Expands Crypto Offerings with Solana, Avalanche, and Chainlink Charles Schwab is set to add Solana, Avalanche, and Chainlink to its crypto platform, enhancing client options beyond Bitcoin and Ethereum. Companies · 3 weeks ago SK Hynix Breaks Ground on $4 Billion AI Memory Hub in Indiana SK Hynix has officially begun construction on a $4 billion semiconductor facility in Indiana, aimed at producing high-bandwidth memory chips for AI applications. This project marks the company's first manufacturing presence in the U.S. and is expecte Companies · 3 weeks ago Nvidia Projects 70% Revenue Growth Amid AI Demand Surge Nvidia forecasts a remarkable 70% revenue growth for fiscal 2028, driven by strong demand for AI infrastructure, as the company reports a 106% increase in Q2 revenue. Companies · 3 weeks ago BingX Named Title Sponsor for TOKEN2049 Singapore 2026 Event BingX has announced its return as the Title Sponsor for TOKEN2049 Singapore 2026, set for October 7-8 at Marina Bay Sands, showcasing its multi-asset trading platform. Companies · 3 weeks ago Apple to Unveil iPhone 18 and Foldable Model on September 9 Under New CEO John Ternus Apple's upcoming product event on September 9 will mark the debut of the iPhone 18 series and the company's first foldable device, coinciding with John Ternus's first launch as CEO. Companies · 3 weeks ago Nvidia CFO Predicts Frontier AI Labs Will Dominate Tech Industry Nvidia's CFO Colette Kress forecasts that frontier AI labs, like OpenAI, will become the largest tech companies in history, driven by massive investments and demand for AI infrastructure. Companies · 3 weeks ago Chainalysis Reports $457 Billion in Potentially Taxable Crypto Activity for 2025 Chainalysis estimates that $457 billion in taxable onchain crypto activity was generated globally in 2025, with the U.S. accounting for a significant portion. However, only 14% of this activity is covered by current international reporting rules. Companies · 3 weeks ago Nvidia Reports $400M Charge Due to Excess H200 GPU Inventory and Customer Concentration Nvidia's recent financial report reveals a $400 million charge related to excess H200 GPU inventory and highlights that a single customer accounted for 16% of its quarterly revenue. Companies · 3 weeks ago CrowdStrike Reports Strong Q2 Results, Boosts Guidance Amid AI Demand CrowdStrike has reported a fiscal Q2 revenue of $1.47 billion, marking a 26% year-over-year increase, and raised its full-year guidance, driven by strong demand for its Falcon platform. Companies · 3 weeks ago Salesforce and Anthropic Launch Claudeforce AI Integration with Open Beta in 2026 Salesforce and Anthropic have announced the Claudeforce initiative, integrating Claude AI into Salesforce workflows, with an open beta set for September 2026.