Latest Corporate News News
SpaceX reportedly targets a record IPO size and valuation
SpaceX is reportedly preparing to set terms for its IPO as early as Wednesday afternoon, with Reuters saying it may sell about 555.6 million shares at $135 each. That would imply roughly a $75 billion offering and a valuation near $750 billion, making it one of the largest public offerings ever discussed for a private company.
AI boom pushes stocks to fresh records
Global equities are being lifted by renewed enthusiasm around artificial intelligence, with market commentary in Bloomberg coverage describing stocks at fresh records. The rally has been helped by optimism over AI spending, semiconductor demand, and large-cap tech strength.
NVIDIA’s new RTX Spark processor adds to the AI hardware race
Bloomberg coverage highlighted NVIDIA’s announcement of the RTX Spark processor for laptops and desktops, underscoring the continuing push to expand AI-capable hardware. The launch adds to investor focus on companies supplying the AI infrastructure buildout.
Trump proposes new tariffs after trade investigation
Bloomberg reports that the U.S. is proposing new tariffs, with Trump suggesting levies of at least 10% as part of a renewed tariff wall. The move raises fresh concerns for multinational companies exposed to cross-border supply chains and import costs.
U.S. and Iran tensions keep oil markets elevated
Oil extended gains for a third day as hopes for a U.S.-Iran deal faded and reports indicated continued exchanges of strikes. Higher geopolitical risk is supporting energy prices and adding uncertainty for corporate planning in transport, manufacturing, and chemicals.
Marvell rises after Jensen Huang’s AI outlook
Bloomberg’s market coverage noted gains in Marvell after Jensen Huang’s $1 trillion AI call, reinforcing investor confidence in semiconductor firms tied to AI demand. The reaction reflects how corporate forecasts from major chip leaders are moving related stocks.
SK Hynix plans major capacity expansion by 2030
Bloomberg reported that SK Hynix plans to double capacity by 2030, a sign of continued investment in memory chips for AI and data-center demand. The expansion highlights how suppliers are racing to meet rapid infrastructure growth.
Kioxia to pay dividend on record AI profits
Bloomberg said Kioxia will pay a dividend after posting record AI-related profit, showing how the AI cycle is translating into shareholder returns for storage and memory firms. The result suggests strong demand from datacenters and enterprise customers.
Markets rotate toward Japan as foreign investors reassess risk
Bloomberg reported that some foreign investors are moving into Japan while fleeing hotter markets elsewhere. That shift reflects changing expectations around valuation, currency moves, and relative policy stability.
Yen remains near 160 amid currency pressure
Bloomberg coverage showed the yen hovering near 160, keeping foreign-exchange policy and intervention risk in focus. A weak yen can affect exporters, import costs, and earnings translation for multinational companies.
AirAsia Philippines says it is still operating despite government order
Business 360 reported that AirAsia Philippines said it remains fully operational after the Civil Aviation Authority of the Philippines ordered it to halt operations at government-managed airports over unpaid fees. The dispute centers on more than 271 million pesos in alleged arrears, creating near-term operational and reputational risk.
Philippine economic team prepares 2027 budget presentation
Business 360 reported that the Philippines’ economic team is set to present the proposed 2027 budget to the president while inflation is at a three-year high. The budget process comes as policymakers face pressure to balance fiscal support with inflation control.