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OVHcloud (EPA: OVH) Confirms FY Outlook as Q3 Revenue Rises 6.9% to €289.6M
OVHcloud (EPA: OVH) delivered a clean sequential acceleration on June 25, 2026. Revenue for Q3 FY2026 came in at €289.6 million, up 6.9% like-for-like, driven mainly by Public Cloud, which returned to growth above 20%. The European cloud leader reaffirmed its full-year targets, signaling confidence in the second half. The quarter also marks OVHcloud’s first…
SK Hynix Targets $29.4B U.S. Listing as AI Chip Demand Fuels Investor Interest
SK Hynix is moving closer to a major milestone in the global semiconductor industry. On June 24, 2026, the South Korean memory-chip giant announced plans for a U.S. listing that could raise up to $29.4 billion. The move comes as demand for AI chips continues to surge worldwide, driven by rapid investment in data centers…
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…
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,…
Anthropic’s Mythos AI Finds Vulnerabilities in Classified U.S. Systems During Project Glasswing
Anthropic’s Mythos is at the centre of a national security storm on June 24, 2026. The company’s Mythos model identified vulnerabilities in highly sensitive US government computer systems during an authorized testing exercise under Project Glasswing, a restricted program designed to find and fix critical software flaws before attackers could exploit them. Senator Mark Warner,…
Rheinmetall Sinks 16% as Germany Scraps €12.8B F126 Frigate Program
Rheinmetall (ETR: RHM) suffered its worst single-day drop ever on June 24, 2026, falling as much as 16% intraday before stabilizing around –13% by 09:06 GMT. Germany’s defence ministry scrapped the delayed F126 frigate program, eliminating a €12.8 billion contract that Rheinmetall had been set to lead. TKMS shares surged 9.8% in response, marking the…
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…
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…
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…