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Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, Citic says
Reuters18d agoneutral
Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, Citic says

Chinese robot maker Unitree Technology is expected to be valued ‌at more than 50 billion yuan ($7.4 billion) after its planned ‌Shanghai IPO, according to a report by Citic Securities, which is sponsoring the initial ​public offering. Citic Securities expected the Hangzhou-based company to be worth 50.6 billion to 55.9 billion yuan six to 12 months after listing later this month. The valuation report, distributed to investors and seen by ‌Reuters, is largely seen ⁠as guidance ahead of Wednesday's IPO price enquiry.

Bloomberg18d agoneutral
Uber’s Robotaxi Ambition to Face Scrutiny as Shares Languish

(Bloomberg) -- The breakdown of Uber Technologies Inc.’s robotaxi partnership with Alphabet Inc.’s Waymo is looming large over the ride-hailing giant’s quarterly results, as investors grow anxious about the stock that has lagged the broader market this year. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders

Trump backs card bill, again
Payments Dive18d agoneutral
Trump backs card bill, again

The president called card interchange fees a “ripoff” in a social media post backing the Republican co-sponsor of a bill aimed at reducing them.

SpaceX Set for First Quarterly Results Since IPO as Investors Assess Valuation
InvestorsHub18d agoneutral
SpaceX Set for First Quarterly Results Since IPO as Investors Assess Valuation

SpaceX (NASDAQ:SPCX) is due to publish its quarterly results after the close of trading on Tuesday, marking the company’s first earnings report since its highly anticipated stock market debut. The release is expected to provide investors with a clearer picture of whether the company’s financial performance supports the ambitious growth expectations that accompanied its listing, particularly as it continues to invest heavily in artificial intelligence and space technologies.

📈 Earnings Snippet: Spotify
The Wall Street Journal18d agoneutral
📈 Earnings Snippet: Spotify

Spotify added seven million premium subscribers in the second quarter, bringing its total to 300 million and beating the streamer’s prior guidance. Revenue grew 14% and its gross margin hit a record of 33.

ON Semiconductor (ON) Stock May Be 8% Overvalued Despite Earnings Nearing
Simply Wall St.18d agoneutral
ON Semiconductor (ON) Stock May Be 8% Overvalued Despite Earnings Nearing

ON Semiconductor has delivered a strong 81.1% gain over the past five years, yet its latest valuation checks suggest the stock no longer looks like a clear bargain, with the Discounted Cash Flow (DCF) estimate sitting close to the current share price while market multiples lean expensive. Over the last 5 years, ON Semiconductor shares are up 81.1%, which puts more weight on whether today’s price already reflects much of that progress. Upcoming earnings and the planned Synaptics acquisition...

Kosmos Energy (KOS) Is Up 8.1% After Swinging Back To Profit On Higher Q2 Output
Simply Wall St.18d agoneutral
Kosmos Energy (KOS) Is Up 8.1% After Swinging Back To Profit On Higher Q2 Output

Kosmos Energy’s second-quarter 2026 results showed revenue rising to US$617.04 million from US$393.52 million a year earlier, with net income of US$184.78 million replacing a net loss and basic earnings per share from continuing operations moving to US$0.31 from a loss of US$0.18. The turnaround was supported by higher production averaging about 71,400 barrels of oil equivalent per day, the ramp-up of the Greater Tortue Ahmeyim LNG project, new wells at Jubilee, lower operating costs, and...

Bloomberg18d agoneutral
You’re In: Private Colleges Admit More Students Who Didn’t Apply

(Bloomberg) -- Wingate University told thousands of high schoolers some good news: They were already accepted into the class of 2030, and they’d be receiving $24,000 of scholarships. No application required. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundS&P 500 Closes Near Rec

Shopify (SHOP) Sees 13 Fold AI Order Surge As Congress Probes AI Agents
Simply Wall St.18d agoneutral
Shopify (SHOP) Sees 13 Fold AI Order Surge As Congress Probes AI Agents

Shopify reports a 13-fold jump in AI-referred e-commerce orders on its platform. AI-referred orders are now outpacing traditional search as a source of traffic and sales. US lawmakers have opened a Congressional inquiry into AI-powered trading agents and their regulation. The inquiry raises questions about standards and investor protection for AI-driven transactions across commerce and finance. Shopify, traded as NasdaqGS:SHOP, sits at the center of two linked shifts: AI driven commerce...

Cameco (TSX:CCO) Board Member Dominique Minière Steps Down After Three Years
Simply Wall St.18d agoneutral
Cameco (TSX:CCO) Board Member Dominique Minière Steps Down After Three Years

Dominique Minière has resigned from Cameco’s Board of Directors after roughly three years of service. Minière recently served as chair of the Safety, Health and Environment Committee for TSX:CCO. The change affects board oversight of key environmental and safety matters at the uranium producer. Cameco is a major uranium producer, so its board oversight of safety, health, and environmental issues is central to how many investors assess long term risk. The departure of Dominique Minière...

‘I’d Be Petrified’: Steve Eisman Says Cheap Chinese AI Models Could Wreck OpenAI and Anthropic’s Valuations
24/7 Wall St.18d agoneutral
‘I’d Be Petrified’: Steve Eisman Says Cheap Chinese AI Models Could Wreck OpenAI and Anthropic’s Valuations

“Big Short” investor Steve Eisman said on his own show, Real Eisman Playbook, that “If I was the head of Anthropic or OpenAI, I’d be petrified. That spells to me price war.” The comment lands at an inconvenient moment: both labs have filed confidentially with the SEC and are aiming at public listings near $1 ... ‘I’d Be Petrified’: Steve Eisman Says Cheap Chinese AI Models Could Wreck OpenAI and Anthropic’s Valuations

SpaceX's satellite ambitions squeeze out rivals reliant on its rockets
Reuters18d agoneutral
SpaceX's satellite ambitions squeeze out rivals reliant on its rockets

SpaceX is increasingly reserving space on its rockets to launch its own Starlink satellites, crowding out rival space companies that have long depended on Elon Musk's company to get their payloads into orbit. Starlink's share of SpaceX missions has grown year after year, rising from 54% of the Falcon 9 rocket's manifest in 2020 to about 79% so far in 2026, according to a Reuters analysis ‌of launch data compiled by astrophysicist Jonathan McDowell. In recent months, at least seven spacecraft companies have been told that Falcon 9 is fully booked for all types of missions until 2028 or 2029, eight sources told Reuters. ‌They added that the bottleneck is driven by SpaceX's plans to transition to the new Starship rocket, designed to be fully reusable and cheaper than Falcon 9.

1 Small-Cap Stock Worth Your Attention and 2 We Avoid
StockStory18d agoneutral
1 Small-Cap Stock Worth Your Attention and 2 We Avoid

Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on. But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.

Will Elon Musk's Bullish Starlink Bet Help SPCX Recover? Billionaire Charts Ambitious Connectivity Plan Ahead of SpaceX Earnings
Benzinga18d agoneutral
Will Elon Musk's Bullish Starlink Bet Help SPCX Recover? Billionaire Charts Ambitious Connectivity Plan Ahead of SpaceX Earnings

Space Exploration Technologies Corp. (NASDAQ:SPCX) is doubling down on its satellite connectivity goals as the Elon Musk-led company is preparing to launch its second-generation Direct-to-Device (D2D) service in the third quarter of 2027, according to filings with the Canadian government on Monday. Natively Supported Devices The company had earlier partnered with Canadian Telecom company Rogers Communications Inc. (NYSE:RCI) in 2025 to launch Starlink’s first-gen system in the country, which is