Posts by Mark Darwin
Apple loses more AI researchers and a Siri executive in latest departures
The company has struggled to keep up with peers in the artificial intelligence race Published Sat, Jan 31, 2026 · 03:22 PM [LOS ANGELES] Apple has lost at least four more of its artificial intelligence (AI) researchers in recent weeks, in addition to a top Siri executive, with the staff headed to employers such as…
Read MoreSandisk’s 1,600% rally keeps going after ‘unprecedented’ quarter
Memory and storage companies have historically traded at lower valuations due to their cyclical nature Published Sat, Jan 31, 2026 · 02:31 PM [NEW YORK] Digital storage company Sandisk’s strong revenue and earnings outlook is extending its blistering rally as the top-performing stock in the S&P 500 Index. Shares of Sandisk surged as much as…
Read MoreTether’s annual profit drops 23% in midst of fundraising
Published Sat, Jan 31, 2026 · 12:16 PM [PORTLAND] Tether posted a US$10 billion profit in 2025, down 23 per cent from the previous year, as the world’s biggest stablecoin issuer launched a fundraising process that would make it one of the most highly valued private companies. Tether did not explain moves in profit or…
Read MoreHong Kong port operator violated Panama’s constitution, failed to serve public interest, Panama court ruled
Published Sat, Jan 31, 2026 · 11:14 AM [PANAMA CITY] The Supreme Court of Panama said a contract held by a Hong Kong company to operate ports at the Panama Canal failed to “serve the public interest and social welfare”, in its decision on Thursday (Jan 29) voiding the contracts. While the court announced the…
Read MoreSpaceX generated about US$8 billion in profit last year ahead of IPO: sources
Published Sat, Jan 31, 2026 · 09:06 AM [NEW YORK] SpaceX generated about US$8 billion in profit on US$15 billion to US$16 billion of revenue last year, two sources familiar with the company’s results said, providing fresh insight into the financial health of Elon Musk’s space company that is expected to go public later this…
Read MoreOil hovers near six-month high as investors track US-Iran tensions
Published Sat, Jan 31, 2026 · 07:37 AM [HOUSTON] Oil prices dipped a few cents per barrel on Friday (Jan 30), consolidating recent gains and holding near six-month highs, supported by nagging tensions between the US and Iran. Brent crude futures settled at US$70.69 a barrel, down 2 US cents or 0.03 per cent. The…
Read MoreEuropean shares cap strong January with earnings-fuelled gains
With the European Central Bank staying put on monetary policy, greater focus is on the US Fed’s outlook on interest rates Published Sat, Jan 31, 2026 · 07:22 AM [BENGALURU] Europe’s main share index ended higher on Friday (Jan 30), marking its longest monthly winning streak since 2021 as investors digested corporate earnings and news…
Read MoreAdidas plans 1-billion-euro share buyback after profits jump
Published Fri, Jan 30, 2026 · 11:19 PM [FRANKFURT] Adidas reported stronger-than-expected fourth-quarter profits and announced a fresh share buyback, as it looks to maintain its momentum with retro sneakers – alongside new running and football products. The German sportswear company generated operating profit of 164 million euros (S$247.9 million) in the fourth quarter, it…
Read MoreWall Street opens lower after Trump picks Fed critic Kevin Warsh to succeed Jerome Powell
Published Fri, Jan 30, 2026 · 10:51 PM [NEW YORK] US stocks opened lower on Friday (Jan 30) after US President Donald Trump nominated former Federal Reserve governor Kevin Warsh to head the US central bank, as traders mulled over the monetary policy path under the new Fed leadership. At 09:30 am ET, the Dow…
Read MoreHong Kong regulator ramps up warnings over poor IPO filings
Securities and Futures Commission flags that teams are unfamiliar with regulatory requirements and lack the experience to handle applications Published Fri, Jan 30, 2026 · 08:18 PM [HONG KONG] Hong Kong’s market regulator stepped up warnings to investment banks over filing sloppy applications for share sales as listings boom. In a circular issued on Friday…
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