Anthropic Mythos access to grow four-fold to about 200 Glasswing partners
SAN FRANCISCO, June 2 : Anthropic on Tuesday said it was planning a wider rollout of its artificial intelligence that has caught the attention of government and financial institutions around the world for its ability to find software vulnerabilities.Project Glasswing, Anthropic's partnership of ...
Cisco rolls out software tools to protect IT systems from AI agents
SAN FRANCISCO, June 2 : Cisco Systems on Tuesday announced a new suite of software tools that businesses can use to build their own armies of bots known as AI agents, to protect their IT infrastructure against cybersecurity threats.Cisco's announcement comes as Anthropic is set to release its M ...
Singapore’s PMI inches up to 51 in May as electronics sector maintains growth
Paige Lim - This marks the index’s highest reading since December 2024
Morningstar values SpaceX at $780 billion, half its IPO target
June 2 : Morningstar analysts pegged SpaceX's valuation at $780 billion, less than half of what the Elon Musk-led company is reportedly targeting in its initial public offering, ahead of a planned roadshow this week.Prospects for the company's artificial intelligence business, which includ ...
IEA sees possibility of critically low oil stockpiles ahead of peak summer demand
Around half of the initial 400-million-barrel coordinated release from March is yet to hit the market
Poland to ban phones in schools, restrict access to pornography
WARSAW, June 2 : Poland wants to ban under-16s from using mobile phones in schools from September 1 and plans to introduce stricter age verification rules to access pornography, Prime Minister Donald Tusk said on Tuesday. Countries including the Netherlands, South Korea and Italy have banned smartph ...
Impulse Space raises $500 million at $4.26 billion valuation as space investing surges
NEW YORK, June 2 : Impulse Space, a startup building spacecraft that can ferry satellites and other payloads around in orbit after launch, said on Tuesday it has raised $500 million in a Series D funding round. The funding round values the company at $4.26 billion, according to a person familiar wit ...
Analysis:How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap
SAN FRANCISCO, June 2 : Micron Technology's march toward a $1 trillion valuation is nothing if not dramatic: a year ago it was a little over $100 billion.That surge, though, was not built on its famed frugality, but on a nearly too-late push from Nvidia that pulled the U.S. memory chipmaker int ...
Meta expands teen content controls globally, tests new Instagram tool to diversify feeds
June 2 : Meta is expanding its content settings for teen accounts on Instagram, Facebook and Messenger globally to ensure age-appropriate experiences for younger users, it said on Tuesday, as social media platforms face growing scrutiny about child health and safety.The initiative, initially launche ...
Amazon's Ring sued over facial recognition feature, latest privacy concern for doorbell maker
SAN FRANCISCO, June 2 : Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company's Ring doorbell cameras at friends and family members' homes collected and stored images of his face using facial recognition software.The plaintiff, Charles ...
UBS offers its first AT1 since Swiss authorities paused reforms
The lender is looking to sell at least US$500 million of perpetual bonds, says a source
Tiger Brokers’ parent UP Fintech swings into Q1 loss of US$26.9 million on penalty from China probe
Young Zhan Heng - The group is putting up to US$50 million towards a year-long share buyback programme
JustCo’s stabilisation manager DBS Bank announces cessation of price stabilisation action
Teo Zheng Long - JustCo’s (SGX: JCO ) stabilisation manager, DBS Bank, has announced that it has purchased a total of 5.319 million shares in the company to date and has ceased price stabilisation action as of today’s closing. “As the total number of shares which had been over-allotted in connection with the o ...
Singapore stocks rise on Tuesday; STI up 1.2%
DBS leads gainers on benchmark index, rising 2.9% to end at a fresh high of S$64.67
RHB maintains 'buy' and $11.20 target price on CDL ahead of strategic review
The Edge Singapore - Vijay Natarajan is staying positive on City Developments, ahead of its strategic review expected by the third quarter this year. "We expect greater clarity on assets identified of around $5 billion and timeline for capital recycling, key investment pillars and capital allocation strategies to e ...
SK Hynix plans to double capacity to ease memory chip crunch
The company will do whatever it takes to fund the expansion, says chairman Chey Tae-won
STMicro weighs Crolles fab expansion as AI optics demand rises, CEO says
June 2 : STMicroelectronics is likely to decide on a further expansion of its Crolles chipmaking site in France by the end of 2026, as demand for silicon photonics used in AI data centres accelerates, its chief executive said on Tuesday.CEO Jean-Marc Chery, speaking at a conference in Geneva, Switze ...
Euro’s global role is up slightly, but still distant from the US dollar
Overall usage of the common currency has risen to about 20%: ECB
Keppel should take heart from its success and make a firm pledge on Scope 3 emissions
Its business model includes importing natural gas and managing asset portfolios so the bulk of its emissions impact falls under Scope 3
Astronomers discover exoplanets with magnetic fields
WASHINGTON, June 2 : Based on the behavior of winds on seven large and hot gas exoplanets, astronomers have obtained the strongest evidence to date that planets beyond our solar system possess magnetic fields, like Earth and five other planets in our solar system.The finding, based on observations b ...
Marvell shares touch record high after Nvidia's Huang calls it 'next trillion-dollar company'
June 2 : Marvell Technology's shares surged more than 25 per cent on Tuesday after Nvidia's CEO Jensen Huang called the chipmaker the next "trillion-dollar company."Huang and Marvell CEO Matt Murphy were speaking at the Computex week in Taipei on Tuesday.Marvell's shares wer ...
Marvell Technology surges after Nvidia's Huang calls it 'next trillion-dollar company'
June 2 : Marvell Technology's shares surged 23 per cent in premarket trading on Tuesday after Nvidia CEO Jensen Huang called the chipmaker the next "trillion-dollar company."Huang and Marvell CEO Matt Murphy were speaking at the Computex week in Taipei on Tuesday.Earlier this year, Nv ...
Sats, Venture are top STI performers in record-setting May
Jermaine Fok - The STI posts a total return of 10.8% in the first five months of the year
HPE shares soar 28% as demand for AI infrastructure powers stellar quarter
June 2 : Hewlett Packard Enterprise shares surged 28 per cent on Tuesday after a rosy quarter that put it on track to hit long-term financial targets two years ahead of schedule, the latest evidence of strong demand for its AI servers used in data centers.The gains, if sustained, would add around $1 ...
HPE shares soar 30% as demand for AI infrastructure powers stellar quarter
June 2 : Hewlett Packard Enterprise shares surged 30 per cent on Tuesday after a rosy quarter that put it on track to hit long-term financial targets two years ahead of schedule, the latest evidence of strong demand for its AI servers used in data centers.The premarket gains, if sustained, would add ...
HPE surges 29% as AI infrastructure boom boosts server demand
June 2 : Hewlett Packard Enterprise shares rallied nearly 29 per cent in premarket trade on Tuesday, as investors cheered the AI server maker pulling forward its long-term financial targets by two years, buoyed by strong AI infrastructure demand.HPE, which competes with Dell Technologies and Super M ...
Mapletree Investments FY2026 net profit rises 25.7% to S$285.6 million on lower revaluation losses
Chong Xin Wei - The Temasek-owned property giant’s AUM stands at S$76.2 billion as at end-March
Uneventful 1QFY2026 anchors analysts’ views on Seatrium
Lin Daoyi - Multiple analysts have mostly maintained their confident outlook in offshore and marine giant Seatrium after an uneventful first quarter in which the company didn’t garner any new significant contract wins, but continued its steady execution of projects and balance sheet strengthening while huntin ...
NODX a macro tailwind, but can SGX-listed semiconductor stocks deliver?
April data is best read as validation of a structural thesis that Singapore has embedded itself in the AI hardware value chain
Hedge fund Arrowpoint hires 10 trading teams, seeks to boost capital
All of its major investment strategies have made money in 2026
Del Monte Pacific submits US$1.2 billion restructuring plan after US unit’s bankruptcy
Deon Loke - Negative stockholders’ equity position triggers filing with the Philippine Stock Exchange
Why DeFi must change to survive
Wesley Ng - A caveat: This article’s focus revolves around on‑chain smart contract exploits within decentralised finance (DeFi), the arena where AI and blockchain collide most dangerously. While an “AI-only” heist has yet to hit the mainnet, red-team benchmarks like Anthropic’s SCONE-bench and the A1 ...
Nvidia muscles into PC market with 'superchip' RTX Spark but Tan of DBS maintains 'buy' on AEM for now
The Edge Singapore - Amanda Tan of DBS Group Research has kept her "buy" call target price on AEM Holdings following news that Nvidia is targeting the PC segment - a market that has been synonymous for years with AEM's key customer Intel Corp. At the annual PC event in Taiwan, Nvidia, whose chips are main ...
China robotics firms line up IPOs to pitch next phase of AI
Hong Kong alone has at least 46 robotics-related companies in the pipeline, according to a report
