Comcast announces plan to split into two separate companies, spinning off NBCUniversal and Sky in major restructuring of the media conglomerate

SK Hynix prepares $29 billion US stock-market listing as early as this week to compete with Samsung and Micron.

SK Hynix, the South Korea-based semiconductor manufacturer, is preparing for a massive $29 billion US stock-market listing as early as this week.

Hedge funds cut U.S. equity exposure to record low of -20% vs MSCI ACWI, marking the sharpest bearish positioning shift on record as funds turn aggressively away from American stocks.

Hedge funds have sharply reduced U.S. equity exposure, with relative positioning dropping to a record low of -20% versus the MSCI ACWI index.

OpenAI confirms confidential June IPO filing, reportedly leaning toward 2027 listing at $1 trillion valuation

OpenAI confirmed a confidential IPO filing in June and is reportedly leaning toward a 2027 listing at a $1 trillion valuation.

Kuwait launches $100M emergency fund to repair war-damaged infrastructure, KFAED says, citing 'Iranian aggression' after Iran conflict

Kuwait announced the launch of a $100 million emergency response fund to repair infrastructure damaged in the Iran war, with the Kuwait Fund for Arab Economic Development establishing the financing framework per a cabinet decision.