Business
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AMD’s $8.2 Billion Bet on AI’s Physical Future
Fei-Fei Li’s decision to sell World Labs is a sign that the next AI race will not be won by better models alone. At first glance, AMD’s deal for World Labs looks extravagant. The chipmaker…
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The $3,199 iPhone Is Really an AI Story
Apple’s most expensive iPhone yet is not simply an exercise in premium pricing. It is the consumer-facing consequence of an AI-driven struggle for the world’s memory-chip capacity. Apple’s unusually expensive launch Apple’s September product event…
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SpaceX Is Back at $2 Trillion. But Has the Market Really Priced It Yet?
On 8 September, SpaceX shares closed at $153.47, up 3.73%, taking the company’s market capitalisation back above $2 trillion. The stock had gained 7.9% over the previous five sessions. It looked like a powerful recovery.…
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Alibaba Raised HK$80 Billion. Why the Rush?
01 The Biggest Share Placement in Hong Kong History On 26 August, Alibaba formally closed a HK$80 billion share placement: 710 million new shares at HK$112.70 each, raising net proceeds of HK$79.7 billion. The book…
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SpaceX: the Biggest IPO in History. Still Losing Money. So Who Is Left Holding the Bag?
01 SpaceX’s Nasdaq debut On 12 June 2026, SpaceX pulled off the biggest IPO in history. The shares were priced at US$135. They opened at US$150, surged as high as US$176 during the session, and…
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Why University Won’t Teach You How to Make Money?
University doesn’t teach you how to make money. It teaches you how to become a useful tool for others to make money. You are trained to be useful labor, ready to fit into someone else’s…