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Business

Musk Consolidates AI Ambitions: SpaceX Acquires xAI, Tesla's Role Under Scrutiny

Elon Musk's SpaceX has finalized its acquisition of artificial intelligence firm xAI, a strategic move that brings several of the billionaire's ventures under a tighter technological umbrella. The deal directly involves Tesla, which holds a stake in xAI, placing the electric vehicle and robotics company at the heart of evolving questions about governance, data sharing, and financial participation in Musk's broader ecosystem.

Business

IOI Corp's Stagnant Earnings Raise Questions Amid Stock Slump

IOI Corporation Berhad's shares have dipped 1.7% over the past quarter, with lackluster financial fundamentals—particularly a modest Return on Equity and flat earnings growth—casting doubt on its near-term trajectory. Analysts point to high dividend payouts as a potential growth inhibitor.

Business

Ball Corporation Caps Record 2025, Eyes Sustained Growth on Aluminum Can Demand and Strategic Acquisitions

Ball Corporation (NYSE: BALL) reported record financial results for 2025 and provided a confident outlook for 2026, fueled by robust global demand for aluminum beverage cans, disciplined cost management, and the recent acquisition of European assets. New CEO Ron Lewis emphasized the company's strategy is 'intact and working,' targeting continued double-digit EPS growth.