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Business

SpaceX and xAI Merge in Historic $1.25 Trillion Deal, Forging Musk's Ultimate Tech Conglomerate

Elon Musk has consolidated his space exploration and artificial intelligence ventures, merging SpaceX and xAI in a landmark transaction that creates a single entity valued at approximately $1.25 trillion. The move signals a strategic pivot to intertwine AI development with interplanetary ambition, though it raises immediate questions about regulatory oversight and market concentration.

Business

Perfect Corp. Stock Plunge: A Value Trap or Hidden Opportunity?

Shares of Perfect Corp. (PERF) have tumbled over 33% in the past year, trading near $1.46. While recent performance has spooked investors, a deep dive into valuation metrics suggests the software company may be significantly undervalued. We examine the numbers and the narratives shaping this volatile stock.

Business

Aurora Cannabis Pivots Sharply, Exiting Canadian Consumer Market to Double Down on Global Medical Growth

Aurora Cannabis reports a strategic overhaul in its fiscal Q3 2026 results, pivoting resources away from the competitive Canadian recreational market to focus on higher-margin international medical cannabis. The move, alongside plans to divest its Bevo stake, signals a decisive shift towards profitability as the company posts steady revenue growth led by its German and Polish operations.