Mattel Urged to Go Private or Merge

Source: Dukascopy Bank SA
Investor Southeastern Asset Management seeks a sale or Hasbro merger for Mattel as toy demand falls. The move aims to boost value through IP and digital growth.
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Sat, 09 May 2026 06:30:05 GMT

Baidu's Kunlunxin Eyes $14.7B IPO

Baidu's AI chip unit, Kunlunxin, seeks a $14.7B valuation for its Hong Kong IPO. The listing aims to capitalize on the surging demand for domestic Chinese silicon.

Fri, 08 May 2026 21:30:07 GMT

AI Boom Drives Up Console Prices

AI chip demand has forced Sony and Nintendo to hike console prices. Despite rising costs and supply chain strain, both eye high-margin game sales to offset risks.

Fri, 08 May 2026 08:45:18 GMT

Bitcoin Dips Below $80K Despite ETF Surge

Bitcoin fell to $79,800 due to technical resistance and RSI divergence, even as weekly spot ETF inflows topped $1B. Bulls look to hold $78,500 support for a rebound.

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