Leaked transcript reveals DeepSeek AI's strategy under Liang: emphasizing corporate restraint, low-margin pricing, and open-source models, resonating with China's cultural values of humility and long-term ambition.
China's carmakers are struggling with narrowing profit margins due to higher raw material costs and declining market demand, exacerbated by the end of purchase subsidies and tax incentives.
Der Anschlag beim Christopher Street Day in Berlin spielt der AfD in den bevorstehenden Landtagswahlen in die Karten. Der Verdächtige aus dem islamistischen Milieu, ein in Deutschland geborener 21-Jähriger mit libanesischen Wurzeln, der kürzlich aus dem Jugendknast entlassen wurde, stärkt das AfD-Narrativ der 'ewig Verfolgten' und erlaubt Angriffe auf die Migrationspolitik.
SK hynix to report record Q2 operating profit of 64.1 trillion won, driven by HBM market leadership and AI-driven semiconductor demand, with a 75-77% operating profit margin.
Germany faces multiple challenges: a fatal vehicle attack at Berlin's CSD event, warnings over right-wing 'active clubs', economic competitiveness concerns, and the Bayreuth Festival's 150th anniversary amid controversy.
Verizon secures a >$1B deal with Google for dark fiber connectivity to its data centers, boosting its annual adjusted profit forecast and shares by 3%, with additional multi-billion dollar contracts anticipated by year-end under new CEO Dan Schulman.
Two US small businesses sued the Trump administration over new tariffs on 60 trading partners, claiming the policy lacks required 'forced labour' findings and exceeds presidential authority.
Die Wall Street zeigt eine zögerliche Erholung, angetrieben von starken Quartalszahlen von Intel und SAP sowie positiven Analystenbewertungen für AMD. Gleichzeitig belasten neue US-Zölle, und die Ölpreise geben nach einer Waffenruhe-Hoffnung im Nahen Osten nach. Märkte blicken gespannt auf anstehende Einkaufsmanagerindizes und Zahlen von American Express und Verizon.
CertiK's H1 2026 report reveals a 20-fold surge in crypto-related physical coercion crimes, or "wrench attacks," since H1 2025, with financial exposure increasing 11.8 times to $124.1 million. The report emphasizes the need for advanced custody solutions like multisignature wallets and distributed signers to protect against forced access.
Centrica, owner of British Gas, plans to cut 1,300 jobs (800 new, 500 confirmed) from call centres and back office over two years, citing changing customer behaviour towards digital channels. This comes as retail profits rose despite falling customer numbers and an expected £112m compensation payout.
Chinese battery giant CATL reported record second-quarter revenue of 147.79 billion yuan and net profit of 22.5 billion yuan, up 56.92% and 36.5% year-on-year respectively. However, these figures slightly missed market estimates, attributed to weakening EV demand in China. The company also announced a plan to buy back up to 40 billion yuan in shares.
Der weltgrößte Rückversicherer Munich Re hat im zweiten Quartal 2024 dank geringer Großschäden und guter Finanzgeschäfte einen überraschend hohen Gewinn von 2,2 Milliarden Euro erzielt und damit die Analystenerwartungen deutlich übertroffen.
Ascot Racecourse has reported record post-Covid attendance and £10.5m in pre-tax profits, announcing a British-record £2.5m prize fund for next year's King George VI & Queen Elizabeth Stakes. This strategic move aims to elevate the race's prestige, attracting a strong field including Japanese contenders.
SAP-Aktien legten nach starkem Cloud-Wachstum und übertroffenen Erwartungen beim Current Cloud Backlog deutlich zu, was den DAX stützte. Trotz operativer Ergebnisrückstände und einer leicht gesenkten Prognose überwog die Erleichterung über die Nachfrage nach Cloud- und KI-Angeboten, was auch andere Softwarewerte beflügelte.
Volkswagen reported a 9.5% drop in Q2 operating profit and cut its annual revenue forecast by up to 3% due to a significant sales slump in China. The German carmaker is implementing a cost-cutting program, including plans to axe up to 100,000 jobs globally, facing union opposition.
A persistent memory chip shortage is severely impacting budget smartphone makers, making handsets under US$100 unprofitable to manufacture. Analysts predict a 400% surge in memory costs by Q3 2026, forcing major vendors to abandon this segment and pivot to mid-range products, driving up average retail prices.
German farmer Michael Stucke's "Rainbow Wool" project rescues gay rams from slaughter, using their wool for fashion. Profits support the LSVD+ foundation, aiding LGBTQ+ refugees in Europe, and challenges the notion of sexual orientation as a choice.
Poste Italiane ha chiuso il primo semestre con un utile netto di 1,2 miliardi di euro (+3,5%) e ricavi record di 6,8 miliardi (+5,9%). Il secondo trimestre ha visto un utile di 594 milioni (+3,8%) e ricavi di 3,4 miliardi (+3,9%), con crescita in tutti i settori.
Bitcoin investors are largely back in profit, with supply profitability nearing 60%. However, onchain data from CryptoQuant suggests it's premature to confirm a new bull market, citing the need for sustained trends and long-term holder behavior.
Samsung Heavy Industries Co. announced a 4.9% increase in its second-quarter net profit, reaching 222.8 billion won, driven by higher-margin vessels like LNG carriers and enhanced productivity. Operating profit surged 58.7%, and sales rose 20.4%. The company plans to integrate digital, AI, and robotics technologies for future growth.
German farmer Michael Stucke, with Nadia Leytes and late Johan, founded "Rainbow Wool" to save "unprofitable" gay rams from slaughter, using their wool for fashion. Profits support the LSVD+ foundation, aiding nearly 2000 LGBTQ+ refugees in Europe, advocating for animal and human rights.
Tesla's stock plunged 13.5% after its Q2 earnings missed analyst expectations, revealing lower-than-anticipated profitability and negative free cash flow due to heavy investments in Robotaxi and Optimus, impacting the broader "Magnificent Seven" tech stocks.
Woori Financial Group announced a 7.4% increase in its second-quarter net profit to 1 trillion won (US$682 million), driven by rises in both interest and non-interest income. This also marks a 66% rise from the previous quarter.
A Polymarket account linked to convicted fraudster George Cottrell reportedly received $8.8 million in crypto from unidentified sources in 2024, betting it on Donald Trump's election win and making $4.46 million profit. Cottrell has also bankrolled Nigel Farage, raising questions about political funding transparency.
