HONG KONG, July 03, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced the purchase of 74,315 Binance Coin (BNB) tokens through the OTC (Over-The-Counter) format at an average price of approximately US$672.45, with a total transaction value of about US$50 million. Following this transaction, the Company’s cumulative reserve of mainstream digital currencies, including Bitcoin and BN ...

In the pandemic era, it was no surprise to see The Clorox Company ( CLX ) perform well as demand for cleaning supplies surged. As you can see below, the stock soared from around $150 at the beginning of 2020 toPlease consider following my new X/Twitter account for reaction to market developments and news.I'm a full-time investor with a strong focus on the tech sector. I graduated with a Bachelor of Commerce Degree with Distinction, major in Finance. I'm also a proud lifetime member of the Beta Gamma Sigma I ...

By its own yardstick the government has squandered its first year in office https://t.co/8DPr2rd3qr ...

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July 2, 2025 09:30 AM GMT China Musings | Asia Pacific M Idea The Trio That Could Change Everything — If It's Allowed To China doesn't just need new stimulus, a new growth algorithm is needed too. The "trio" of reforms could eventually form the basis for that. But old habits and incentives die hard. The 15th Five- Year-Plan will be the real litmus test: is Beijing ready to stop rewarding what it wants to reduce? At the Central Commission for Financial and Economic Affairs meeting hosted this Tuesday (July 1 ...

ANDOVER, Mass., July 02, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing to the edge, today announced it has been selected by the U.S. Department of Defense (DoD) for funding through its Industrial Base Analysis and Sustainment (IBAS) Program to develop a next-generation RF signal conditioning multi-chip package (MCP). The IBAS Program aims to improve the readiness and competitiveness of the defense industrial base t ...

TEEs are turning privacy + performance into default blockchain infrastructure.Messari deep dive 👇cereal_killer (@FBitach):TEEs are becoming core to blockchain infra.Projects like @iEx_ec, @OasisProtocol, and @PhalaNetwork use TEE tech for confidential, verifiable computation at scale.Here’s why this matters 👇🔒 https://t.co/FPkCkJ2THD ...

Key Takeaways MRVL shares have dropped 30.9% YTD, underperforming peers like AVGO, QCOM, and AMBA. Lower margins from custom AI chips and China-related risks weigh on MRVL's performance. MRVL sees 76% YoY growth in data center revenue and forecasts 42% sales growth for fiscal 2026.Marvell Technology (MRVL) shares have plunged 31% year to date, underperforming the Zacks Electronics - Semiconductors industry and its peers, including Broadcom (AVGO) , Qualcomm (QCOM) and Ambarella (AMBA) .While Broadcom and ...

Core Insights - Amazon is intensifying the use of its "Leadership Principles" (LPs) to evaluate employee performance, marking a shift towards a more disciplined workforce under CEO Andy Jassy [1][6] - The LPs, which include values such as customer focus and cost discipline, are now formally integrated into the performance review process for the first time [2][4] - A new three-tiered evaluation system will assess employees based on their demonstration of LPs, performance, and potential, culminating in an Overall Value (OV) score that impacts raises and performance improvement plans [3][4] Evaluation Process Changes - The updated evaluation process aims to enhance the identification of top talent and strengthen corporate culture, with only 5% of employees eligible for the highest "role model" grade based on LP behavior [4] - The performance review system has been streamlined to improve consistency and support employee growth and development [7][11] Industry Context - This initiative reflects a broader trend among tech companies to reassess performance management and employee rewards, with Microsoft, Google, and Meta also implementing significant policy changes [5][6] - Jassy's leadership has included a full return-to-office policy, reduced management layers, and a revised pay model to better reward high performers [6] Performance Evaluation Framework - Amazon's internal guidelines categorize employees into five performance tiers, with specific percentage allocations for each tier, indicating a structured approach to performance management [13] - The company emphasizes the importance of thorough evaluations to ensure accuracy and minimize bias, recognizing the complexity of performance assessments [14]

Core Insights - Applied Materials (AMAT) has achieved a gross margin of 49.2% in Q2 of fiscal 2025, marking the highest level since Q4 of fiscal 2000, driven by a favorable product mix and strong demand for high-margin solutions [1][10] - The demand for semiconductors, particularly in AI and high-performance computing (HPC), is increasing, positively impacting AMAT's leading-edge logic foundry solutions [2] - AMAT's Sym3 Magnum etch system has generated over $1.2 billion in revenue since its launch in February 2024, highlighting its importance in developing high-aspect-ratio structures for AI and HPC workloads [3] Financial Performance - AMAT's memory segment, particularly advanced DRAM technologies, is projected to grow significantly, with revenues from advanced DRAM customers expected to increase by more than 40% in fiscal 2025 [4] - For Q3 of fiscal 2025, AMAT anticipates a gross margin of 48.3%, indicating sustained strength in margins due to ongoing demand for high-performance computing and AI [5] - The company trades at a forward price-to-sales ratio of 4.94X, which is lower than the industry average of 8.5X, suggesting potential valuation upside [11] Competitive Landscape - AMAT faces competition from Lam Research (LRCX) and ASML Holding (ASML) in areas such as 3D DRAM architectures and EUV lithography, with both competitors experiencing growth in gross margins [6] - Lam Research is projecting a gross margin of 49.5% for the upcoming quarter, which would set a new record if achieved [7] Market Performance - AMAT's shares have increased by 13.3% year-to-date, outperforming the Electronics - Semiconductors industry, which has grown by 11.5% [8]