Nasdaq CEO: tokenization could free billions in trapped capital
Nasdaq's Adena Friedman says tokenizing assets and money flows could unlock tens of billions in collateral across global finance, but moving to round-the-clock trading would require major infrastructure changes.
CNBC · 1m
Nvidia-backed Firmus pulls historic Australian IPO
Australian AI data center operator Firmus withdraws its planned five billion dollar IPO, citing market volatility and unfavorable terms.
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Korean solar stocks surge on China trade curbs
South Korean solar makers gain as U.S. restrictions on Chinese competitors look set to hold through Trump-Xi talks.
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Tesla enters Vietnam to challenge EV giant VinFast
Tesla registered a local entity in Vietnam this month, setting up a showdown with VinFast, which controls 92% of Southeast Asia's largest EV market.
CNBC · 2m · 5 views
Dimon: AI spending could hit $1 trillion in 2027
JPMorgan Chase CEO Jamie Dimon says hyperscaler AI investment may reach $1 trillion next year, up from $700 billion this year, boosting growth but risking inflation.
CNBC · 1m
U.S. signals openness to Chinese drug deals
American regulators may allow pharmaceutical licensing with China while restricting AI and semiconductors.
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Pokémon card boom sends Mercari stock on wild ride
Japanese marketplace Mercari restricted Pokémon anniversary product listings over safety concerns, triggering a stock selloff that analysts quickly called oversold.
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Ed Sheeran tour fracas over Palestine comments
A dispute over pro-Palestinian remarks divides Sheeran's tour and sparks a $2 million aid donation request.
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Grab bets $1.49 billion on Atome
Grab is buying Atome to push deeper into consumer lending and lift its 2028 financial services target.
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Z.ai raises $5 billion, and the stock drops 10%
A Chinese AI champion is back at the well two months after a $4 billion raise, and investors are not thrilled about the dilution.
CNBC · 1m
Anthropic says Chinese labs strip-mined Claude
Anthropic says Alibaba, Moonshot and DeepSeek quietly pulled millions of Claude answers to train rival models.
CNBC · 1m