
Prosus profit doubles as e-commerce bets and Tencent stake pay off
Prosus posted about $7.3bn revenue for FY ended 31 March 2026, with roughly $1.1bn profit.

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Prosus posted about $7.3bn revenue for FY ended 31 March 2026, with roughly $1.1bn profit.

Young shoppers moved on, forcing both brands to shrink store footprints and rethink their China growth math.

In Harvard’s 2026 housing report, affordability collapses while inheritance wealth locks in advantage.

Herman Hulst confirms layoffs affecting most Destiny and some Marathon teams after Bungie admits Destiny fell short.

The chip giant filed for a Nasdaq listing plan that could raise $29.4 billion, instantly reshaping investor expectations.

Fiscal Q3 results crush estimates, prove AI memory is rewriting Micron's margins, and change the momentum math for the whole chip stack.

The satellite and rocket company’s quick $25 billion borrowing move signals how it plans to finance scale after going public.

On Thursday, Accenture hit its biggest one-day drop on record after forecasting worries that AI could hollow out consulting.

CNBC says SpaceX’s shares surge following its IPO Friday, forcing investors to reprice what “space” and “AI” are worth.

Big IPO, bigger options debut: what it means for investors, risk teams, and anyone benchmarking market appetite.

SpaceX exercised its option for Cursor in an all-stock deal worth $60 billion, reshaping AI dealmaking expectations.

The valuation jump of $1T in a single day changes the reference point for risk capital and public-market comps.