Harvard’s $2.2 Billion SpaceX Stake Shows Endowments Now Hold What They Once Flipped
The 13F filing that Harvard University’s endowment submitted this month listed a familiar name among its largest holdings: SpaceX. The position, valued at roughly $2.2 billion, was reported by Bloomberg…
ChatGPT’s European Free Users Will See Ads as OpenAI Opens a Third Revenue Line
The screens of millions of European ChatGPT users are about to change. Free-tier and Go-plan subscribers across the continent will begin seeing advertisements later this month, according to ppc.land, which…
Samsung and SK Hynix Head for Record $212 Billion Shareholder Payouts
The math of the memory supercycle is now visible in shareholder returns. Samsung Electronics and SK Hynix are on track to pay out a combined $212 billion this year in…
Temasek’s First Direct Stakes in Samsung and SK Hynix Lift Memory Shares
The news hit the Korean market on Friday afternoon: Singapore’s sovereign wealth fund Temasek had completed its first direct investments in Samsung Electronics and SK Hynix. The disclosure, reported by…
SK Square’s Record Profit Becomes Ammunition for AI and Chip Deals
The numbers that SK Square reported on August 14 came from a single source: SK Hynix. The investment holding company of South Korea’s SK Group posted second-quarter profit roughly 13…
Nvidia Plans $3 Billion Stake in SB Energy as OpenAI Guarantee Shrinks
Nvidia’s bet on OpenAI is changing shape. The chip maker is in talks to invest as much as $3 billion in SB Energy, the renewable-power company controlled by SoftBank, according…
PayPal Revives Sale Talks as Stock Trades Above Offer Price
On Friday, PayPal’s shares closed at $61.67. The takeover bid that a consortium put on the table in July was $60.50 a share. The market, in other words, has already…
Anthropic’s Revenue Surge Sets Up a Fall IPO Story
The documents that reached Bloomberg reporters this week describe a company growing faster than any of its public peers. Anthropic, the artificial-intelligence startup behind the Claude chatbot, told investors in…
Samsung’s First-Half R&D Hits Record 27.3 Trillion Won as Memory Boom Funds Expansion
The regulatory filing, published Aug. 14, is a snapshot of a company reinvesting every advantage it has: Samsung Electronics spent 27.3 trillion won, about $19 billion, on research and development…
Applied Materials Posts Record $9.12 Billion Revenue, Shares Fall Anyway
Applied Materials reported record quarterly revenue of $9.12 billion on Aug. 13 after the market closed, beat Wall Street’s expectations for the current quarter, and described demand from AI chip…
