In a major leap for orbital communications, Chinese researchers have successfully tested a satellite laser transmission system that surpasses SpaceX's Starlink in data speed, despite operating at a far greater orbital altitude. Leveraging a mere 2-watt laser, the team demonstrated a data transfer rate of 1 Gbps, outperforming Starlink's average speeds and challenging long-standing limitations in satellite internet infrastructure.
Verve Therapeutics $VERV surged by over 80% this week after entering into a definitive agreement with Eli Lilly $LLY. The deal centers on the experimental cardiovascular therapy VERVE-102, positioning Lilly to deepen its role in gene-editing innovations targeting atherosclerotic cardiovascular disease (ASCVD).
Roblox Corp. $RBLX has received a substantial vote of confidence from analysts at Oppenheimer, who reiterated an "Outperform" rating and raised the stock's price target from $80 to $125. The upward revision reflects increasing optimism around the company's long-term monetization capacity and deepening user engagement trends across its global ecosystem. The upgrade comes after a 76% rally in Roblox’s share price since April 10, fueled by a combination of improved content velocity, scalability of infrastructure, and expanding user demographics. Oppenheimer highlighted the company’s ability to convert high platform usage into recurring revenue as a fundamental investment thesis.
Vedanta Ltd. $VEDL saw its share price climb by 2% in intraday trading on Monday, buoyed by investor optimism following the company’s announcement of a forthcoming board meeting to consider the first interim dividend for FY26. The gain, although modest, highlights persistent market sensitivity to Vedanta’s high-yield profile and dividend policy. The board is scheduled to convene on Wednesday, June 18, 2025, to evaluate the distribution of interim dividends, if any, for the financial year 2025–26. The announcement was made via a regulatory filing on Friday, after market hours, triggering early Monday buying activity in anticipation of a potential payout.
Airo Group Holdings Inc. $AIRO opened public trading with a dramatic surge, gaining up to 291% intraday on Friday. By 3:40 p.m. ET, the stock was up 155%, trading at $25.50 after multiple volatility halts. The aerospace and defense company raised $60 million by offering 6 million shares at $10—below the initially proposed $14–$16 range.
Taiwan Semiconductor Manufacturing Co. $TSM, the world's largest contract chipmaker and a critical supplier to Nvidia Corp. $NVDA and Apple Inc. $AAPL, reported a 40% year-over-year revenue increase in May, reaching NT$320.5 billion (USD 10.7 billion). The surge reflects heightened chip stockpiling activity as global clients react to escalating geopolitical and trade risks, particularly in the context of U.S.-China technological competition. While May’s figure marks a substantial annual increase, month-over-month revenue declined by 8.3%, signaling potential inventory normalization after April’s stronger performance, when revenues surged 48% year-over-year. Despite the sequential dip, TSMC’s aggregate Q2 outlook remains aligned with consensus expectations of ~39% growth, driven by resilient demand in the high-performance computing segment.
Porsche AG $PAH3.DE, the high-performance automaker owned by Volkswagen AG $VOW3.DE, is weighing options to relocate select final assembly operations to the United States. The move is under consideration as a targeted response to the potential reintroduction of elevated U.S. auto import tariffs under Donald Trump's proposed trade policy agenda. Currently, Porsche manufactures all its vehicles in Germany, with no production footprint in the U.S. This reliance on European exports makes the brand highly sensitive to any increase in border taxes or protectionist measures that could materially impact its margins and delivery costs.
Specialized Medical Co. (SMC), a prominent healthcare provider in Saudi Arabia, captured significant attention during its initial public offering (IPO) following the reinstatement of recently paid dividends. The company drew roughly 121 billion SAR (32 billion USD) in orders, reflecting enduring institutional trust in its long-term prospects. This robust engagement came after SMC reassured the market by reversing its dividend allocation, reinforcing investor perception of capital discipline and sustainable growth.
The Trump administration’s decision to integrate Boeing Co. $BA aircraft deals into the fabric of trade negotiations has elevated the importance of the aerospace sector within international commerce. By utilizing substantial aircraft contracts as bargaining instruments, US officials are reshaping bilateral discussions and establishing Boeing as a focal point in trade diplomacy.
Microsoft Corp. $MSFT is once again approaching its peak valuation, reversing months of stagnation. The renewed momentum is tied directly to the strengthened performance of its Azure cloud division. Following a prolonged period of limited gains, Microsoft shares now sit just 1.5% below their record set in July 2024. This recovery aligns with a broader upswing in major US equity indices such as the S&P 500 $^SPX and Nasdaq 100 $^NDX, reflecting investor confidence in the technology sector.
Vail Resorts Inc. $MTN experienced its sharpest rally since November 2020 after the company announced a pivotal executive reshuffle. Executive Chairman Rob Katz will resume his role as Chief Executive Officer, succeeding Kirsten Lynch, who resigned and will also step down from the board. Lynch, after a tenure marked by both operational expansion and recent headwinds, will remain on as a strategic advisor during the leadership transition.
The swift decline in Meituan $3690.HK shares signaled intensified concerns regarding regulatory changes in China’s digital commerce sector. The State Administration for Market Regulation, the country’s antitrust authority, unveiled a draft outlining principles for fees imposed by online platforms. This marks another move to govern the powerful position of leading e-commerce providers and realign the balance between platforms and merchants.
