Markets

Borr Drilling Limited (NYSE: BORR) announced that shareholders approved key resolutions at a special general meeting on August 6, 2025. These include setting the maximum number of directors at eight, electing Thiago Mordehachvili as a director, and increasing authorized share capital from US$31,500,000 to US$36,500,000 through the authorization of 50,000,000 additional common shares. The capital injection will allow Borr Drilling to pursue strategic investments and growth opportunities.

A recent leak at TSMC, impacting its 2nm process technology R&D and Fab 20 in Hsinchu, involves nine individuals and has sparked industry debate. The breach, detected internally, highlights the challenges of protecting valuable IP. Intriguingly, the leak involves Tokyo Electron (TEL), a partner of Rapidus, intensifying competition in advanced semiconductor manufacturing. TSMC had implemented rigorous security measures, including iPhone replacements and U.S. security expert recruitment. Despite CEO C.C. Wei’s confidence, the leak originated from TSMC’s headquarters, emphasizing the persistent threat of internal security breaches.

Bollinger Innovations (BINI) announced a $7,500 price cut on Mullen ONE and THREE commercial EVs. Combined with federal incentives, customers can save up to $15,000 before Sept 30, 2025. The Mullen ONE is now $27,000 and the THREE is $61,000. Formerly Mullen Automotive, the company rebranded to Bollinger Innovations and will transition these vehicles to the Bollinger Motors brand in 2026. They also plan to launch a Class 5 truck in 2027.

TSMC faces pressure from potential U.S. tariffs and demands for significant investment. The U.S. is considering a 20% tariff on Taiwanese exports, prompting negotiation for a rate closer to South Korea and Japan’s 15%. Reports suggest the U.S. seeks a $300 billion investment from TSMC for a massive Arizona fabrication plant, potentially housing future 2nm and 1.4nm processes. This investment, exceeding 30 times TSMC’s equity, follows a prior $165 billion U.S. expansion commitment. TSMC has declined to comment on the rumors.

A Chinese gaming streamer, Youchong, faced controversy after discrepancies surfaced between her avatar and real appearance revealed at an awards ceremony. Youchong clarified that the avatar was simply an aesthetic choice and that her appeal lay in her gaming skills, not her looks. This incident sparked debate regarding online personas versus reality and audience expectations in the evolving live-streaming market, highlighting the complex relationship between authenticity and streamer identity.

The U.S. is launching “Project ATOM,” a strategic initiative to regain leadership in open-source AI amid growing competition from China, particularly Alibaba’s Qwen models. This U.S.-based non-profit AI lab will develop freely accessible AI models, supported by over 10,000 GPUs. Backed by industry leaders, the project addresses concerns about the U.S.’s lagging open-source contributions, highlighted by the dominance of Chinese-developed open-source LLMs. Project initiator Lambert emphasizes the need for coordination and funding, warning of potential U.S. decline in global AI influence if the initiative fails.

Kornit Digital (KRNT) reported mixed Q2 2025 results. Revenue reached $49.8 million, meeting guidance, with a GAAP net loss of $7.5 million and a non-GAAP profit of $1.2 million. Annual recurring revenue from AIC contracts hit $18.9 million. Q3 2025 revenue is projected between $49-55 million with an adjusted EBITDA margin of -3% to 3%. The company focuses on expanding Apollo and AIC adoption and maintaining profitability despite market headwinds.

Portable projectors are transforming entertainment, offering flexibility beyond traditional setups. Key buying considerations include brightness (CVIA lumens), resolution (1080P or 4K), portability (under 2kg ideal), smart features (auto-focus, keystone correction), and diverse ports. The Dangbei D6X Plus stands out with its design, 1200 CVIA lumens brightness, 1080P resolution, MT9669 chip, and intelligent features like auto-obstacle avoidance and AI voice control, making it a top choice for 2025.

Focus Media and Alipay launched “Tap and Grab Red Envelope” in over 20 Chinese cities, turning elevator wait times into reward opportunities. Users tap advertising screens to unlock digital red envelopes with cash rewards and coupons, worth a total of 100 million yuan in rewards plus 10 million in waivers. This integration of Alipay’s “Tap” functionality offers a simplified, secure user experience, connecting advertising exposure with immediate incentives across various scenarios, aiming to compress conversion pathways and drive brand growth. This new feature is becoming a link between online and offline services.

Guardian Metal Resources (LON:GMET)(OTCQX:GMTLF) announced positive assay results from its Pilot Mountain tungsten project in Nevada. Drilling in the Desert Scheelite zone confirmed high-grade tungsten mineralization with significant widths, supporting their “Mined in America” initiative. The company completed 82 drillholes, including 61 at Desert Scheelite. Key intersections include 21.6 m at 0.20% WO3 and individual assays reached 1.09% WO3, along with copper, silver, and zinc. Initial results from the Garnet Zone are expected soon.