Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
Lauren Tetef saved $24,000 to launch Open House Creative Fest inside a closed Joann in Torrance, California. The weekend event combines an artisan market with hands-on workshops and a free activity garden.
MSME loan growth fell to 12.7% YoY from 18-20% as delinquencies rise. Banks are tightening credit, shifting deposits to safer segments.
Taiwan's five-day combat readiness drill tests military response to China, with markets watching defense spending and semiconductor supply chains.
Fidelity Total Bond ETF Q1 review: flat returns hide a 50-bp gap between Treasuries and IG corporates. Falling inflation and solid hiring set up the next Fed decision.
Intuit's forward P/E compressed to 26x. AI competition fears mount. Revenue stays resilient. The late May earnings report is the next check. AlphaScala rates it Mixed at 48.
The D.C. Circuit blocked Russell Vought from cutting the CFPB's staff to 200. The appeals court sent the case back to the judge who ruled Congress, not the president, can dismantle the agency.
A parent in a San Francisco suburb caught their son using AI for math homework. The result: a per-subject school policy that treats AI like calculators — allowed for some tasks, forbidden for others.
S&P assigned ARDCO an A- national scale rating, its first from a global agency, backed by low leverage and a SAR 9 billion development pipeline. Outlook stable.
Al Rajhi Capital-backed fund buys three plots in Makkah's Masar Destination. The 690-unit project shows how institutional money is flowing into Saudi urban expansion.
Al Rajhi Capital and partners invest nearly SAR 1B in three Makkah towers at Masar Destination, advancing Vision 2030 urban development. The project adds residential capacity near the Grand Mosque.
NovoCure's TRIDENT trial missed its primary endpoint, cutting the path to label expansion. Analysts trimmed price targets to the high teens. The stock now awaits Q2 earnings for a strategy update.
Environmental groups criticize Gianni Infantino's private jet use for 2026 World Cup preparations, citing carbon emissions and a gap with FIFA's sustainability goals.
IIT BHU graduate Saurabh Bothra turned a six-year struggle into Habuild, the world's largest yoga community, during COVID. The private company's growth mirrors digital wellness trends.
SVCP shares sank to their lowest level since listing on June 21, extending a downtrend that has erased gains from the IPO. The stock now trades below its debut price.
SEBI has revived the stock exchange buyback route effective August 1. Indian companies announced ₹25,000 crore in buybacks this year, already the highest since 2023.
Visa's cross-border volume grew 7% in Q2, down from 10%. HandleVisa's manual review model shows the compliance burden that may pressure Visa's high-margin revenue.
Miahona Co. signed a public-private partnership agreement with Uzbekosuvtaminot JSC for a water treatment plant in Uzbekistan worth SAR 394 million. The deal was signed June 18.
Iran closed the Strait of Hormuz, threatening India's ₹1.23 lakh crore fuel subsidy as crude supply routes shift. Trump's 60-day toll ultimatum sets a binary timeline for oil markets.
MIS signed a SAR 64.8M IT services contract with Saudi Arabia's National Water Co., its second large government win in months. The deal extends revenue visibility through 2027 but carries margin and concentration risks.
Al Rajhi Takaful shares trade ex-bonus after shareholders approved a 100% capital increase. The bonus issue doubles the capital base to fund expansion into new insurance lines and strengthen solvency margins.
MEFIC REIT's fund manager revises pricing, payment, and timeline terms for three property purchases in Jeddah and Makkah. Shareholders vote on the changes at an upcoming EGM.
Atlas Elevators shareholders approved a 50% capital increase on June 18. The company has not disclosed the mechanism or use of proceeds. Regulatory filing is the next step.
Jyothy Labs is expanding Exo into a broader dishwash lineup after Henkel exited Pril and Fa licensing in India, aiming to capture market share with new variants.
Al Arabia signed long-term advertising contracts with Cluster2 for 18 Saudi airports, locking in revenue visibility through 2034. The deals expand its airport portfolio.
Freelancers and small businesses using presumptive taxation can switch tax regimes only once. The decision locks in for years. Project income before filing Form 10-IEA.
Chemanol shareholders vote July 14 on a 77.8% capital cut to absorb accumulated losses, reducing shares from 135M to 30M without a cash return.
Rivian customers get a staged R2 rollout: dual-motor first, single-motor later. Production starts 2026 from Normal, Illinois. EPA filings will be the timeline tell.
With Prime penetration near saturation, Amazon is changing its Prime Day strategy to drive higher spending per member instead of new sign-ups. Two events planned in 2024.
Digital forensics expert Hany Farid says ordinary people can no longer discern real from AI content. The gap raises stakes for detection software, platforms, and regulators.
Cenomi Centers board proposes an 8.98% capital hike to SAR 5.18 billion via a bonus share issue, rewarding shareholders with one new share per 11.14 held.