Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast
We haven't written up this one. Channel News Asia has the full story — the link below goes straight to it.
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Why Rocket Lab Stock Dropped Today
Rocket Lab isn't an AI company, but the post-election sell-off in AI stocks is dragging it down anyway because it's viewed as speculative and high-risk.
- Rocket Lab stock fell 12.2% on Nov 5 amid post-election tech sector sell-off
- Broader market declined 4.4% (S&P 500) and 5.6% (Nasdaq Composite)
- AI data center expansion linked stocks feared stricter regulations
Worst US Stock Rout Since 2020 Leaves Virtually Nowhere to Hide
The fears had shadowed Wall Street off and on for months. Then, all at once, everyone rushed for the exits.
Namdaemun Market emerges as new shopping destination for foreign tourists
Namdaemun Market in Seoul is attracting growing numbers of foreign tourists, as visitors increasingly venture beyond familiar shopping destinations such as Myeong-dong and Gangnam to explore…
Lionsgate Quarterly Revenue Pops 41% on Strength of ‘Michael,’ TV Series Sales as Studio Narrows Net Loss
Lionsgate turned in another strong quarter — helped again by the studio’s blockbuster biopic on the King of Pop. For the three months ended Sept.