Micron briefly surpassed Meta and Tesla in market value. Its stock is up 236% in a month.

Micron Technology briefly surpassed Meta and Tesla in market valuation on Thursday, closing the week at roughly $1.27 trillion. The stock has soared over 236% in the past month alone, reaching $1,132 [...]

Nvidia-backed Firmus will build a 360MW AI data centre in Indonesia and expects $30 billion in offtake deals

Firmus Technologies, an Australian AI infrastructure company valued at $5.5 billion, will build its first data centre in Indonesia through an eight-year partnership with Nvidia. The 360-megawatt Nvidi [...]

Baidu’s chip unit Kunlunxin is targeting a $50 billion Hong Kong IPO and asked investors to buy its semiconductors

Baidu’s AI chip unit Kunlunxin is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday. In an unusual twist, the company asked prospective IPO [...]

Amazon’s rapid-delivery push wipes $15bn off India’s Eternal and Swiggy

Amazon spent years circling India’s quick-commerce market without committing to it. Investors have now decided the circling is over, and they have repriced the incumbents accordingly. Shares in Eter [...]

Prosus profit roughly doubles as its e-commerce bets and Tencent stake pay off

For years Prosus was, in effect, a single bet wearing the costume of a diversified investor: a sprawling portfolio whose value rose and fell with one Chinese asset. Its latest results suggest the cost [...]

China’s CXMT wins a reported $3bn memory deal with Tencent

ChangXin Memory Technologies has agreed to supply Tencent with roughly $3bn of memory chips, two people familiar with the matter told Reuters, in a deal that would bind one of China’s largest cloud [...]

Austria asks the EU to consider giving Anthropic a home in Europe

European government has, in writing, asked the European Union to find a way to host an American artificial-intelligence company. The request is unusual enough that the official making it conceded, in [...]

Iran’s cyberattacks on Israel tripled in a year, Israeli cyber chief says

Israel logged roughly 4,800 hostile cyber incidents in June 2026, up from about 1,600 a year earlier, the head of its National Cyber Directorate told a German newspaper. The fighting between Israel an [...]

SpaceX wants its own gas pipeline to fuel Starship

Most rocket companies buy their fuel. SpaceX wants to pipe it in. Filings in Texas show the company plans to build its own natural gas pipeline, an unusual move for a space firm, and a telling one. Sp [...]