Waters CEO highlighted China as an emerging global biopharmaceutical powerhouse.
HABERAIAsia-Pacific markets opened lower Thursday, mirroring Wall Street's decline, as escalating tensions between Iran and the U.S. pushed oil prices higher, fueling concerns over energy costs and inflation. Israel and the U.S. are prepared to strike Iran again if necessary.
HABERAIBroadcom reported strong quarterly results with significant AI semiconductor revenue growth, but its guidance fell short of market expectations, causing its stock to dip after hours. The company reiterated its AI revenue targets and announced new deals with major tech firms.
HABERAIAsia-Pacific markets are expected to open lower, mirroring Wall Street's decline, as elevated oil prices due to Iran-US tensions fuel inflation concerns. Israel and the US are prepared to strike Iran again if necessary.
HABERAISierra Leone's largest diamond mine has closed due to falling prices of mined gems, driven by the rise of cheaper, ethically sourced lab-grown diamonds. Informal miners struggle as the global market shifts, impacting the region's economy and history.
HABERAISpaceX is preparing for its IPO next week, setting an ambitious share price of $135 and a valuation of $1.75 trillion. This early price estimate is unusual and could make SpaceX one of the world's most valuable companies, potentially making Elon Musk a trillionaire.
HABERAIJim Cramer warns that a surge in capital raises for AI infrastructure, including IPOs from SpaceX, Anthropic, and OpenAI, could flood the market and depress stock prices. He fears investors may need to sell existing holdings, like Nvidia, to fund new offerings, creating a "battlefield" for stocks.
