Tether, the company behind the world's largest stablecoin, USDT, has lowered its expected fundraising target for a new funding round, according to a report by the Financial Times, which is based on information provided by sources close to the discussions. This was confirmed by Tether's CEO, Paolo Ardoino. In September 2025, Tether intended to secure between $15 and $20 billion through a funding...

On February 4, AMD's stock price dropped by 14.9% on the Nasdaq, reaching a low of $206, as reported by trading data. Investors expressed disappointment with AMD's sales forecast, according to Bloomberg, as they had anticipated greater growth in the artificial intelligence sector. AMD anticipates its revenue for the first quarter of 2026 to be approximately $9.8 billion, with a possible variation...

Siemens Energy, a German company that makes power equipment, plans to put in $1 billion to grow its business in the United States, focusing on products for power grid infrastructure and gas turbines. Siemens Energy announced its intention to grow its operations by expanding multiple current production locations within the United States and establishing a new facility in Mississippi, which will be...

Norwegian oil and gas company Equinor ASA has announced that it has reached an agreement to sell its onshore oil production operations in Argentina's Vaca Muerta Basin to Vista Energy for a total of $1.1 billion. Half of the total amount will be paid in cash, while the other half will be in Vista shares and future payments. "The transaction price includes payments that depend on production levels...

According to the Financial Times, Flacks Group is looking to purchase British Steel and combine it with another struggling steel company in Italy, which would result in the formation of one of the biggest steel companies in Europe. Businessman Michael Flacks, through his company Flacks Group, focuses on corporate restructuring.  The investor expressed to the publication that he has a strong...

Nvidia Corporation intends to make a significant investment in OpenAI, the company behind the ChatGPT chatbot, as part of an upcoming funding round, according to the company’s CEO Jensen Huang. Huang previously refuted reports from earlier media outlets that he was unhappy with the letter of intent signed with OpenAI in September, which outlined Nvidia's commitment to invest $100 billion in the...

The Supreme Court of Panama has canceled the contract of Hong Kong-based company CK Hutchison responsible for managing two ports located at opposite ends of the Panama Canal. This decision adds more uncertainty to the earlier agreement about selling Hutchison Global Port assets to a group of investors. The Supreme Court of Panama, following a thorough examination of the matter, determined that...

American Apple Inc. reported a 16% rise in revenue during the first quarter of its fiscal year 2026 and also provided a positive outlook for the current period. For the quarter ending on December 27, the company reported a net income of $42.097 billion, which is equivalent to $2.84 per share, compared to $36.33 billion, or $2.40 per share, from the same period last year. Revenue increased to...

According to Reuters, citing Nikkei, activist investor Elliott Investment Management is looking into the possibility of making a tender offer for shares in Toyota Industries, a Japanese company that produces industrial goods. Elliott is the biggest independent investor in Toyota Industries and recently declared that it holds 6.65% of the company's shares. According to sources from Nikkei, its...