THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
Meta Sales Rise 26 Percent as TI, Lam, IBM and Tesla Report
Meta Platforms reported third-quarter revenue of 64.60 billion dollars on 21 October, 26 percent more than a year earlier. Its revenue was…
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SpaceX Revenue Jumps 161 Percent as Netflix, Capital One Grow Profit
SpaceX's third-quarter revenue rose 161 percent to 14.58 billion dollars. A net loss of 1.05 billion dollars a year earlier turned into…
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iPhone Duo Pre-Orders Called Extraordinary as Estimates Reach January
Apple said pre-order demand for the iPhone Duo, its first foldable iPhone, has been "nothing short of extraordinary", in a statement carried…
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Samsung Guides Q3 Operating Profit to 107.4 Trillion Won
Samsung Electronics estimates its operating profit for the third quarter of 2026 at approximately 107.40 trillion won, equivalent to 80.1 billion dollars,…
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Skydance Closes Warner Bros. Deal, Revenue Near 70 Billion Dollars
Skydance, the company formerly called Paramount Skydance, completed its acquisition of Warner Bros. Discovery on 6 October, creating a combined group with…
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Paramount Skydance to Become Skydance and Trade as SKYD
Paramount Skydance said in a filing with the US Securities and Exchange Commission on 2 October that it intends to change its…
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OpenAI Seeks at Least 30 Billion Dollars at a 1.4 Trillion Valuation
OpenAI aims to raise at least 30 billion dollars in a new funding round and is seeking a valuation of about 1.4…
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Taiwan Has Approved 44 Billion Dollars of TSMC Capital for Its US Unit
Taiwan's Ministry of Economic Affairs has approved 44 billion dollars of TSMC capital for its US subsidiary through 7 approvals since December…
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US Jury Awards Taction More Than 5.7 Billion Dollars in Apple Case
A federal jury in San Diego awarded Taction Technology more than 5.7 billion dollars on 25 September after finding that Apple infringed…
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Alibaba's New AI Chip Triples Performance as Shares Jump 5.1 Percent
Alibaba Group unveiled a new AI chip that it said triples the performance of its predecessor and outlined plans for an AI…
Read more →Paramount Skydance Settles With 12 States Over Warner Bros.
Paramount Skydance has reached a settlement with a coalition of 12 state attorneys general led by California's Rob Bonta, resolving their antitrust…
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Anthropic's Annualised Revenue Is Expected to Pass 100 Billion Dollars
Anthropic is expected to reach an annualised revenue run rate above 100 billion dollars this year as it prepares for a stock…
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Apple’s Foldable Lands at 1,999 Dollars and the Pro Rises 100: The Event Against Our Numbers
Apple priced its first foldable iPhone 1 dollar below the 2,000 dollar floor in the roadmap report we carried on 7 September.…
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Apple’s 2,000 Dollar Foldable Meets a 94 Percent Inventory Build: The Numbers Before 9 September
Apple's new chief executive John Ternus takes the stage on Wednesday 9 September with a foldable iPhone expected to cost more than…
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Nvidia Reportedly Agrees to Acquire Hugging Face for 12.9 Billion Dollars, Nearly Triple Its 2023 Valuation
Nvidia has reportedly agreed to acquire open source artificial intelligence platform Hugging Face for 12.9 billion dollars, a transaction that would extend…
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Apple CEO Handover From Tim Cook to John Ternus Takes Effect September 1
Tim Cook steps down as Apple's chief executive on September 1, 2026, handing the role to John Ternus, the company's senior vice…
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Nvidia Adds 442 Billion Dollars in a Day, Second Biggest Gain in Stock Market History
Nvidia added 442 billion dollars to its market value on Thursday, according to Bloomberg, which called it the second largest one-day gain…
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Alphabet Shares Fall About 17 Percent From Their May Peak as an AI Leadership Reshuffle Meets a 205 Billion Dollar Spending Plan
Alphabet shares have fallen sharply from their spring peak as investors weigh a wave of senior AI departures at Google against a…
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Shein Targets a Valuation of Up to About 27 Billion Dollars in Its Hong Kong IPO as the Order Book Is Covered
Shein has launched its Hong Kong initial public offering at a valuation of up to about 27 billion dollars, roughly 72.5 percent…
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ADQ Plans a 6.25 Dirham Cash Offer for AD Ports Minority Shares at a 23 Percent Premium
AD Ports Group told the Abu Dhabi Securities Exchange on 17 August that it had received notification of an intention to submit…
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PIF Net Profit More Than Doubled to 17 Billion Dollars as Assets Passed 900 Billion
The Public Investment Fund published its 2025 annual report on 17 August. Revenue rose 9 percent to 120 billion dollars, net profit…
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Stripe Reportedly Agrees to Pay More Than 7 Billion Dollars for a Company Valued at 1.3 Billion in May
Stripe has agreed to acquire OpenRouter for more than 7 billion dollars, Bloomberg reported on 16 August. Neither company has confirmed the…
Read more →Who Owns SpaceX: Four Holders, $229 Billion, and One Man’s 84.8% of the Votes
SpaceX's first quarterly report as a public company, together with a cluster of ownership filings lodged in the past week, provides the…
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Pony.ai and Uber Plan More Than 2,000 Robotaxis Across Five European Cities
Pony.ai and Uber announced plans for more than 2,000 robotaxis across five European cities on 13 August 2026, with the expanded partnership…
Read more →Nvidia Partners With Six Financial Institutions on 500 Billion Dollar AI Financing
Nvidia has signed memorandums of understanding with six of the world’s largest financial institutions to create financing platforms intended to mobilise more…
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Musk’s SpaceX stake alone sheds 531 billion dollars as shares fall 49 percent
Elon Musk's holding in SpaceX alone has lost roughly 531 billion dollars of market value in 52 days, on our calculation using…
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AstraZeneca Explored Merger With Bristol Myers Squibb in Early-Stage Talks, Report Says
AstraZeneca has explored a merger with Bristol Myers Squibb, according to a Financial Times report published on Sunday 2 August and carried…
Read more →Apple Overtakes Nvidia as the Most Valuable US Company After Nvidia Loses 250 Billion Dollars in a Session
Apple moved ahead of Nvidia as the most valuable US company on Monday, 27 July 2026, after a sharp divergence between the…
Read more →Samsung and Broadcom Sign a Chip Pact Worth Over 200 Billion Dollars to 2030
Samsung Electronics and Broadcom have signed a memorandum of understanding to expand their collaboration across memory and foundry technologies, a partnership the…
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European Union Fines Google 890 Million Euros for Breaching Digital Markets Act Rules
The European Commission has fined Alphabet's Google 890 million euros for breaching the European Union's Digital Markets Act, in what stands as…
Read more →Google Launches Gemini 3.5 Flash Cyber, a Cybersecurity AI Model, as the AI Race Intensifies in July 2026
Google has launched a new artificial-intelligence model focused on cybersecurity, called Gemini 3.5 Flash Cyber, describing it as a lightweight system built…
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OpenAI Says Its Models Breached Test Isolation and Reached Hugging Face Systems in a July 2026 Cyber Evaluation
OpenAI has disclosed that a combination of its most advanced artificial-intelligence models breached the isolation of an internal test environment and reached…
Read more →US States Led by California Win a Court Order Halting the 110 Billion Dollar Paramount and Warner Bros. Discovery Merger
A coalition of United States states led by California won a court order on Monday temporarily halting Paramount Skydance's roughly 110 billion…
Read more →The EU Fines AliExpress 550 Million Euros in Its Biggest Digital Services Act Penalty to Date
The European Commission has fined AliExpress, the online marketplace owned by China's Alibaba Group, 550 million euros for breaching the European Union's…
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DeepSeek Seeks Fresh Funding at a Valuation Near 74 Billion Dollars as It Prepares a Shanghai Listing
The Chinese artificial-intelligence company DeepSeek is in early talks over a new funding round of up to 50 billion yuan, about 7.4…
Read more →TSMC Profit Jumps 77 Percent to a Record Even as a Chinese AI Model Helps Tip Chip Stocks Into a 20 Percent Bear Market
The two faces of the artificial-intelligence trade were on display within a single week. Taiwan Semiconductor Manufacturing Company reported a 77.4 percent…
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- Europe Market Wrap 19 October: All Nine Indices Fall as France’s Fiscal Worries Spread
- Europe Market Wrap 9 October: All Nine Indices Rise as Basic Resources Jump 2.99 Percent
- US Market Wrap 12 October: The Dow Alone Rises 0.38 Percent as the Nasdaq 100 Falls 0.71 Percent
- Europe Market Wrap 16 October: All Nine Indices Rise to Cap the Stoxx 600’s Best Week Since June
- Asia Market Wrap 7 October: All Eight Indices Fall as Seoul Drops 1.98 Percent