
Lenovo Shares Slide as AI-Driven Memory Demand Signals Higher DRAM and NAND Prices
Jun 29, 2026 04:13 am UTC| Business Technology
Lenovo Group (HK:0992) shares tumbled nearly 10% in Hong Kong on Monday after the company said it expects DRAM and NAND memory prices to remain structurally higher for years, citing booming artificial intelligence (AI)...

Europe Heatwave Creates Growth Opportunity for Carrier, Trane, and Johnson Controls, Citi Says
Jun 29, 2026 04:11 am UTC| Business Insights & Views
Europes record-breaking heatwave could become a long-term growth driver for leading U.S. heating, ventilation, and air-conditioning (HVAC) companies as demand for cooling systems accelerates across the region, according to...

Kakaku.com Shares Rise as Bain Capital and LY Corp Prepare Higher Takeover Bid Than EQT
Jun 29, 2026 04:02 am UTC| Business
Shares of Japanese price-comparison website operator Kakaku.com Inc. climbed on Monday after reports suggested that Bain Capital and LY Corp are preparing a higher takeover bid that could surpass the existing offer from...

China Expands Export Controls, Adds 20 Japanese Companies to Restricted List
Jun 29, 2026 03:55 am UTC| Economy Politics Governance Business
China has expanded its export control measures by adding 20 Japanese organizations and companies to its restricted export list, marking another escalation in the ongoing diplomatic and trade tensions between Beijing and...

Morgan Stanley Raises Tesla Q2 Delivery Forecast on Strong Europe and China Demand
Jun 29, 2026 03:52 am UTC| Business Technology
Morgan Stanley has increased its second-quarter delivery forecast for Tesla Inc. (NASDAQ: TSLA), citing stronger-than-expected electric vehicle (EV) sales in Europe and China. The revised outlook reflects improving demand...

Open-Source AI Models Gain Ground as Enterprises Seek Lower-Cost Alternatives, Citi Says
Jun 29, 2026 03:51 am UTC| Business Technology Insights & Views
Open-source artificial intelligence (AI) models are rapidly gaining traction as businesses search for cost-effective alternatives to proprietary AI systems, according to a new research note from Citi. The shift comes as...

Samsung, SK Hynix to Unveil $1.3 Trillion AI and Semiconductor Investment Plan
Jun 29, 2026 03:49 am UTC| Business Technology
South Korean technology leaders Samsung Electronics and SK Hynix are reportedly preparing to announce investment plans worth a combined 2,000 trillion won (approximately $1.3 trillion) to strengthen the countrys...