Volkswagen secures €7.4 billion from the sale to refocus its investment portfolio and streamline operations. Volkswagen Group has agreed to sell a controlling stake in its subsidiary Everllence to private equity firm Bain Capital for €7.4 billion ($8.4 billion). The deal a
Micron’s earnings soared in Q3 2026, with revenue tripling year-over-year and EPS jumping to $25.11 from $1.91. Micron reported Q3 revenue of $41.46 billion, a 345.7% increase from the same period last year. The surge reflects strong demand and improved market conditions f
The exchange secured regulatory approval under MiCA rules, positioning itself for broader EU market access ahead of the deadline. Coinbase (COIN) has received a Markets in Crypto-Assets (MiCA) license by establishing its European Union headquarters in Luxembourg. The move
Strong Micron Technology results drive a chip sector surge, lifting Asian tech indexes despite broader Wall Street declines. Asian markets showed sharp divergence Thursday after Micron Technology’s robust earnings report ignited a chip sector rally. Tokyo’s Nikkei and Seou
Alibaba stock drops to 16-month low Alibaba Group Holding shares slid to a 16-month low in Hong Kong after Anthropic reportedly accused the company of accessing its AI model illicitly. The company's stock tumbled as much as 4.9%, extending this year's losses. Ali
South Korean chipmaker SK Hynix gains after announcing a $29.4B U.S. listing and benefiting from Micron's strong quarterly results. SK Hynix shares climbed more than 12% after revealing plans to raise up to $29.4B through a Nasdaq listing. The move aims to broaden investor
XRP fell to $1.07 after losing key support at $1.0850, with traders eyeing the $1.05-$1.07 band for next moves. XRP declined 2.8 percent to $1.07, breaking below the $1.0850 support level on heavy selling volume. The token’s recovery attempt failed to regain lost ground, l
Aircraft order volatility drives the headline decline, while ex-transportation orders are forecast to rise 0.4 percent. US durable goods orders are projected to decline 4.7 percent month-over-month, dragged down by volatile aircraft orders. The drop reflects a sharp pullba
Micron expects HBM market to exceed $100B by 2027 Micron has signaled that the High-Bandwidth Memory (HBM) market is poised to cross $100B in 2027. The company has lifted its fiscal year 2026 capital expenditure to around $27B. Micron's financial trajectory
MillerKnoll forecasts $3.93B-$4.13B in fiscal 2027 net sales MillerKnoll expects fiscal 2027 net sales to range from $3.93B to $4.13B. The company plans to open 9-11 Herman Miller stores. The financial performance is not where the company wants it to be, accordin
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