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Top Google Gemini Researchers Jonas Adler & Alexander Pritzel Exit for Anthropic Amid Ongoing AI Brain Drain
📅 in about 5 hours

Top Google Gemini Researchers Jonas Adler & Alexander Pritzel Exit for Anthropic Amid Ongoing AI Brain Drain

The battle for top AI talent is becoming one of the biggest stories in the artificial intelligence industry. Google has invested billions of dollars in AI research, custom chips, and Gemini models, yet the company is now facing another high-profile talent loss. Jonas Adler & Alexander Pritzel, two researchers viewed internally as important contributors to…

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Australian Shares Set to Rise as Oil Prices Plunge 4.2%; Worley (ASX: WOR) Lifts FY26 EBITA Impact Forecast to AU$60M
📅 in about 4 hours

Australian Shares Set to Rise as Oil Prices Plunge 4.2%; Worley (ASX: WOR) Lifts FY26 EBITA Impact Forecast to AU$60M

Australian Shares are expected to open higher as a sharp decline in oil prices improves investor sentiment across the market. Lower crude prices have eased concerns about energy-driven inflation and supply disruptions linked to the Strait of Hormuz. At the same time, engineering giant Worley (ASX: WOR) has updated investors on the expected earnings impact…

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South Korea Semiconductor (Micron) Rally Lifts SK Hynix 11.6% and Samsung Electronics 6.2% Higher
📅 in about 3 hours

South Korea Semiconductor (Micron) Rally Lifts SK Hynix 11.6% and Samsung Electronics 6.2% Higher

The South Korean stock market witnessed a powerful semiconductor rally after Micron Technology reported stronger-than-expected earnings and issued an upbeat outlook for artificial intelligence memory chips. The positive update reignited confidence across the global semiconductor sector, pushing major South Korean chipmakers sharply higher. Investors responded to signs of sustained AI demand, tighter memory chip supply,…

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SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
📅 13 hours ago

SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom

On June 24, 2026, SK Hynix announced plans for a massive $29.4 billion Nasdaq listing, marking one of the biggest overseas fundraising efforts by a South Korean company. The move comes as demand for AI-focused memory chips continues to soar worldwide.  As a leading supplier of high-bandwidth memory (HBM) used in advanced AI systems, SK…

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Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps
📅 13 hours ago

Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps

Rheinmetall shares came under strong pressure after Germany made a surprise decision to cancel the F126 frigate program. The move triggered a sharp reaction across European defense stocks, with investors reassessing future naval contracts and long-term order visibility. The cancellation also shifted attention toward rival shipbuilder TKMS, which saw a strong upside in trading. The…

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Liontrust (LON: LIO) Rises 12% After Outflows Narrow to £276M in Current Quarter 
📅 13 hours ago

Liontrust (LON: LIO) Rises 12% After Outflows Narrow to £276M in Current Quarter 

Liontrust shares surged about 12% in late June 2026 after the UK asset manager reported quarterly net outflows of £276 million, a sharp improvement from previous periods. The update gave investors fresh confidence that the company’s long struggle with client withdrawals may be starting to ease. While outflows have not disappeared, the trend is moving…

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FTSE 100 Swings Higher by 0.09% as DAX Falls 0.65% on Tech Rout
📅 14 hours ago

FTSE 100 Swings Higher by 0.09% as DAX Falls 0.65% on Tech Rout

European markets delivered a mixed performance on Wednesday as investors balanced a sharp global technology selloff against easing geopolitical concerns in the Middle East. The FTSE 100 managed to stay in positive territory, while Germany’s DAX came under pressure from weakness in technology and semiconductor stocks. Market participants also monitored political developments in the UK…

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ByteDance in Talks with Banks for $20B Offshore Loan, Bloomberg Reports Major Funding Move
📅 14 hours ago

ByteDance in Talks with Banks for $20B Offshore Loan, Bloomberg Reports Major Funding Move

ByteDance, the parent company of TikTok, is reportedly exploring one of the biggest funding deals in the global technology sector this year. The Chinese tech giant is in early discussions with lenders for a $20 billion offshore loan, a move that could significantly strengthen its financial position as competition in artificial intelligence intensifies. The development…

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Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options
📅 14 hours ago

Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options

Meta entered 2026 with strong momentum. The company reported a record $56.3 billion in quarterly revenue and billions in profit, showing the strength of its advertising business. Yet, in a surprising move, Meta announced plans to cut around 8,000 jobs while increasing its focus on artificial intelligence. The decision has drawn even more attention because…

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