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Baidu shares jump as Kunlunxin targets $50bn Hong Kong AI-chip IPO
Baidu’s Kunlunxin subsidiary is reportedly seeking a $50 billion Hong Kong IPO valuation as China accelerates investment in domestic AI chips. The listing could unlock substantial value for Baidu while testing whether semiconductor scarcity can justify one of the sector’s fastest valuation increases.
Ramco Systems (NSE: RAMCOSYS) surges ahead of its Q1 earnings test
RAMCOSYS has surged 42% in a week without a fresh material filing. June-quarter earnings must now justify its ₹3,000 crore valuation.
Why Roadzen’s FY2026 results matter for RDZN stock and AI-powered auto insurance
Roadzen’s record FY2026 results sharpen RDZN’s AI insurance story with 42% Q4 revenue growth, narrower losses and a clearer profitability path.
Why SailPoint’s Entro deal matters for SAIL stock and enterprise AI governance
SailPoint’s Entro acquisition sharpens SAIL’s AI security story around non-human identities, agentic governance and enterprise credential protection.
Alphabet (GOOGL) replaces Verizon (VZ) in Dow as AI tilt deepens, GOOGL up 3.7%
Alphabet (GOOGL) joins the Dow on June 29, replacing Verizon (VZ) after 22 years and lifting Magnificent Seven Dow weight to a record. Full executive read.
Persistent Systems stock crashes 11% on €1.3bn Nagarro bet as investors question the premium
Persistent Systems’ Nagarro bid could reshape AI engineering while raising debt and integration risks. Read why investors erased ₹8,350 crore sharply today.
Micron (NASDAQ: MU) revenue quadruples to $41.5bn as AI memory shortage drives record margins
Micron revenue quadrupled to $41.46 billion as AI memory demand drove record margins and $100 billion in contracts. Read what comes next for $MU now.
Amazon.com gains 2.5% as AWS hikes AI GPU prices 20% for July 1, signaling hyperscaler pricing power
Amazon (NASDAQ: AMZN) gains 2.5 percent to $232.69 as AWS raises AI GPU Capacity Block prices nearly 20 percent for July 1, signaling hyperscaler pricing power.
Amazon adds $13bn to India AI and cloud investment as AWS capacity race accelerates
Amazon adds $13 billion to its India AI and cloud expansion, raising planned investment to $48 billion. Discover what the AWS push means for the market.
Qualcomm targets $15bn data centre business as Meta anchors AI expansion
Qualcomm targets $15 billion in data centre revenue by 2029 as Meta, Modular and Dragonfly reshape its AI strategy. Read the full analysis now on BNT today.