AI Coding Startup Lovable Passes $500 Million in Annualized Revenue
STOCKHOLM — The revenue chart inside Lovable’s office has a shape that most software founders only see in projections: a line doubling roughly every four months since the product’s launch.…
Mercor CEO Accuses Sequoia of ‘Dual-Pricing’ Valuation Tactics
SAN FRANCISCO — The post went up on X on a Monday morning, and within hours it had become the most discussed financing story in Silicon Valley. Brendan Foody, the…
Asian Chip Stocks Rebound After Wall Street’s Recovery
SEOUL — The circuit breaker that halted trading on the KOSPI on Monday was the kind of event markets do not forget quickly, and the rebound on Tuesday was the…
Broadcom, Apollo and Blackstone Line Up $35 Billion for AI Compute
NEW YORK — The joint announcement arrived on a Tuesday morning with numbers unlike anything the data-center financing business has seen. Broadcom, Apollo and Blackstone said they would create a…
Microsoft-Backed Chip Startup D-Matrix Begins Shipping AI Inference Chips
SANTA CLARA, Calif. — The benchmark that decided d-Matrix’s future ran in a company lab this spring. Engineers paired a pair of the startup’s Corsair accelerators with an Nvidia Blackwell…
Apple Overhauls Siri, Turns to Nvidia and Google in Cook’s Final WWDC
CUPERTINO, Calif. — Tim Cook walked onto the stage at Apple Park on Monday for the last keynote of his tenure as chief executive, and for more than an hour…
Citi Raises S&P 500 Target to 8,100
Five days after the Nasdaq suffered its worst session since April 2025, Citi raised its year-end target for the S&P 500 to 8,100, according to CNBC. The call is the…
Damodaran Declines SpaceX IPO, Calling Price Too High
The most famous valuation professor in America was asked on live television whether he would buy SpaceX at its initial public offering price, and he did not hesitate. “No,” Aswath…
Tencent Returns to the Dollar Bond Market
Tencent Holdings has hired a group of investment banks to sell dollar-denominated benchmark bonds and offshore renminbi bonds, its first return to the dollar market since 2021, according to people…
SoftBank Slides as Foreign Investors Exit Korean Tech
SoftBank Group fell more than 6 percent in Tokyo trading on Monday, one of the biggest declines among Asia’s technology stocks as a global selloff in AI names rolled through…
