China May Wholesale Inflation Hits Near 4-Year High on Iran War-Led Higher Input Costs, AI Boom
China’s producer price index jumped 3.9% year‑on‑year in May, the strongest rise since July 2022, as the Iran‑driven energy shock and a surge in AI‑related equipment demand lifted wholesale prices. Fuel and power costs surged 10% and non‑ferrous metal prices rose 22%, feeding the inflationary pressure on factories. Meanwhile consumer inflation eased to 1.2% YoY, below expectations, reflecting weak domestic demand despite a 19.4% export rebound in U.S.‑dollar terms. The split picture highlights a supply‑side squeeze amid tepid consumption.
CBRE Cuts MGM Resorts (MGM) to Hold as People Inc. Pursues Buyout Proposal
CBRE downgraded MGM Resorts International to a Hold rating on June 3, trimming its outlook and setting a $50 price target for the stock. The move comes as MGM reported a trailing‑twelve‑month operating cash flow of $2.55 billion, highlighting strong liquidity despite...
Oner Active Expects Its Creator Workforce to Generate $52 Million in Sales This Year
Oner Active, founded in 2020 by fitness influencer Krissy Cela, expects its creator‑driven workforce to generate $52 million in sales this year. Cela, who amassed 3.2 million Instagram and 1.2 million TikTok followers, spent a decade building a personal brand before launching the...
Result: All‑in‑One OS for Launching Businesses
Result (@tryresult) is an operating system for starting a business. It helps users go from an idea to building a product, incorporating their companies, managing finances, filing taxes, and marketing— all on a single platform. Result is where the internet...
EV Charging Startup Exponent Energy Nets ₹200 Cr To Accelerate R&D
Exponent Energy, an Indian rapid‑charging startup, closed a ₹200 crore ($21.1 million) round co‑led by 360 ONE Asset, TDK Ventures and Hitachi Ventures. The funding will accelerate R&D, broaden its platform to new vehicle categories and expand its physical footprint across additional geographies....
The Productivity Imperative
Productivity has shifted from macro‑economic debate to a boardroom priority for CEOs in Australia and New Zealand. Recent data show multifactor productivity slipping 0.5% in Australia and 0.9% in New Zealand, while labour productivity is stagnant. CEOs face simultaneous pressure to grow,...
Mygate Secures ₹225 Cr To Fuel Footprint Expansion
Mygate, the Bengaluru‑based community security platform, raised ₹225 cr (≈$23.6 million) from Dharana Capital to accelerate its growth. The funding will support a push to expand coverage from roughly 5.7 million to 10 million homes across India and to enter East Asian markets. Co‑founder...
Show Clients Ongoing ROI, Don't Let Value Fade
Operators, every month I tell my clients exactly what their Operations ROI is. I count the value of every automated task, every dollar of savings, and every dollar of revenue directly tied to my team (less our cost). And every...
Canfor Acquires PinkWood I‑Joist to Diversify Amid Downcycle
Macro: Canfor buys PinkWood I-joist for $68M to diversify amid lumber downcycle. Key: 5x EBITDA, 46M ft cap, $55M at close. Risk: leverage, EPS pressure. Trade: buy on pullback. — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
Minimus Raises $51M Seed Round From YL Ventures and Mayfield
Minimus, a container security startup, announced it has closed a $51 million seed round led by YL Ventures and Mayfield. The funding will accelerate the rollout of its new Supply Chain Protection and minicli capabilities and support further product development. The...
Translate Videos Into Any Language, Keep Your Voice
WOW Taking your content global just got ridiculously easy. No re-filming or awkward dubbing. The new Language Swap Skill from @pika_labs translates your video into any language... while keeping it in your OWN VOICE 🤯↓ https://t.co/dIUYaYjBNA
Standard Bots Raises $200M Series C, Reaches $1B Valuation
Standard Bots announced the closing of a $200 million Series C funding round led by RoboStrategy and existing investors, valuing the company at $1 billion. The capital will support expansion of its New York manufacturing facility and accelerate deployment of its AI‑native industrial robots...
Pitchdrive Closes $66M Fund IV to Back AI-Native Startups
Pitchdrive announced the final close of its fourth fund, raising €60 million ($66 million), surpassing its €50 million target. The fund will back AI‑native software, AI‑enabled business operations, and AI‑driven hardware startups across Europe, with ticket sizes up to €3 million. Capital came from...
SyntheticFi Raises $13M, Surpasses $2B in Assets
SyntheticFi announced a $13 million venture financing round backed by Y Combinator, Social Leverage, NextGen VP, and The Compound Capital Fund. The funding comes as the fintech platform exceeds $2 billion in regulatory assets under management and will be used to expand...
Led by 20VC, fonio.ai Raises $17M for Omnichannel AI Platform
European AI startup fonio.ai announced a $17 million seed round led by 20VC, bringing its total funding to over $20 million. The round also includes participation from founders and executives of Synthesia, HubSpot and Revolut. The capital will fund expansion...
Executive Director – Historic Paramount Theatre
The Historic Paramount Theatre in Abilene is hiring an Executive Director to serve as its senior administrative and strategic leader. The role will oversee daily operations, finances, staff, programming, and the creation of the organization’s first strategic plan while guiding...
Integration Should Be a Default, Not Forced: OAI's Rohan Mehta
Rohan Mehta, chief transformation officer at Omnicom Advertising India, is rolling out a "plus model" that lets clients stay with a familiar agency while tapping capabilities across the network’s five major agencies. The model aligns financial incentives between client‑facing agencies...
ST Puts Focus on Continuous Learning to Address Semiconductor Talent Pressures
STMicroelectronics is tackling the semiconductor talent crunch by shifting from one‑time hiring to continuous learning and internal mobility across its APAC operations. The company reskilled factory operators in Singapore for analytical roles, offers an internal job marketplace, and provides roughly...
Capital Flees Thai Stocks as Baht Continues to Decline
The Thai baht’s slide to a two‑month low of 32.92 per dollar and a US 10‑year Treasury yield above 4.56% have sparked capital outflows from the Stock Exchange of Thailand. Foreign investors sold roughly 11 billion baht (about $314 million) of Thai...
Aaron Glenn on Jets Having No Primetime Games in 2026: ‘You Earn the Right’
The New York Jets will have no primetime games on the 2026 NFL schedule, a stark contrast to the six national slots they received in 2024. Head coach Aaron Glenn downplays the omission, saying the team must earn its spotlight...