Markets

Senator Ron Wyden has urged the FTC to investigate Microsoft’s dominance in enterprise IT and its alleged cybersecurity negligence, arguing it endangers national security. The senator claims Microsoft prioritizes profit over security, profiting from add-on security services that should be integral. He cites outdated encryption and lax administrator account security. Wyden insists Microsoft’s market position allows complacency, creating risks for government and private sectors reliant on its Windows and Azure platforms. He seeks accountability for damages and investigation into anti-competitive practices.

AT&T is partnering with Gigs to embed mobile connectivity directly into consumer applications, streamlining service delivery. Gigs’ OS allows companies like Klarna to integrate cellular plans seamlessly into their apps, offering instant activation and AI-powered support. This shifts customer acquisition to digital storefronts within existing apps, reducing costs. AT&T gains a wider reach, while brands enhance loyalty and generate revenue. Fintech companies like OnePay and Majority have also launched plans on AT&T’s network using Gigs. The partnership aims to redefine the mobile experience and drive growth for both AT&T and technology brands.

VinFast will showcase its VF 8 and VF 9 electric SUVs at Electrify Expo Chicago 2025 on September 13-14, highlighting its commitment to the North American market. Attendees can test drive the vehicles and learn about VinFast’s technology, design, and comprehensive warranty (10 years/125,000 miles). This event supports VinFast’s dealer network expansion and brand awareness as it shifts to a dealership-based model and expands in high-growth markets globally. The VF 8 starts at $39,900 and the VF 9 at $62,900, with 0% financing and lease options available.

Via Transportation, Inc. announced the pricing of its IPO of 10,714,285 Class A shares at $46.00 per share, expected to begin trading on the NYSE under “VIA” on September 12, 2025, and close on September 15, 2025. Underwriters have a 30-day option to purchase an additional 1,607,142 shares. Goldman Sachs, Morgan Stanley, Allen & Company LLC, and Wells Fargo Securities are lead bookrunners. Via provides technology to optimize public transit networks, using real-time data and on-demand algorithms to modernize transportation systems in hundreds of cities across more than 30 countries.

SpaceX plans for full Starship reusability in the next year with the Starship 3.0. Elon Musk aims for simultaneous recovery of the Super Heavy booster and Starship upper stage, targeting a 100+ metric ton payload to orbit. Version 3.0 features next-generation Raptor 3 engines and a redesigned architecture. Starship 2.0 will have one final suborbital flight before focusing on version 3.0, which will also begin with suborbital tests. Success depends on Raptor 3 performance, advanced autonomy for vehicle recovery, and structural integrity for repeated launches.

WuXi Biologics secured three awards at the Asia Pacific Biologics CDMO Excellence Awards (APBCEA) 2025, including “CDMO of the Year – Asia Pacific.” The awards recognize WuXi Biologics’ excellence in biomanufacturing, R&D, technological innovations, and partnerships. The company’s integrated platform streamlines biologics development, achieving a 6-month DNA-to-IND timeline for monoclonal antibodies. With a 100% PLI success rate and multiple regulatory inspections, WuXi Biologics offers end-to-end solutions to over 1000 clients globally. CEO Dr. Chris Chen attributes the success to the company’s commitment to quality and innovation.

Roofing Corp of America (RCA) acquired Springer-Peterson Roofing & Sheet Metal, marking its 15th acquisition. Springer-Peterson, a leading commercial and industrial roofing contractor in central Florida since 1981, will operate as a stand-alone entity within RCA. This partnership expands RCA’s footprint in Florida, enhancing its services and market reach. Springer-Peterson’s leadership will remain in place. The acquisition aligns with RCA’s vision to consolidate the roofing industry by integrating premier contractors and leveraging economies of scale, backed by FirstService Corporation.

A prominent automotive blogger, Yan Chuang, publicly distanced himself from Xiaomi’s YU7 electric vehicle, citing concerns over build quality issues like rattling noises. He also criticized Xiaomi’s lack of transparency regarding quality concerns, including reported problems with the carbon fiber hood and autonomous driving systems. The controversy has sparked debate, with some praising his advocacy for consumer rights, while others question his motives. This incident underscores the challenges Xiaomi faces in the automotive market, highlighting the need for robust quality control and transparent communication to maintain consumer trust.

CleanCore Solutions (ZONE) appointed Marco Margiotta as CIO and partnered with Robinhood. The company secured over 500 million Doge towards its 1 billion target. Fiscal 2024 revenue grew 29% to $2.07 million, with U.S. quarterly sales exceeding $1 million for the first time. CleanCore acquired Sanzonate Europe, gained GSA contractor approval, and landed a major contract with a global logistics provider covering over 1,000 facilities. CleanCore is pioneering a modern treasury model alongside innovation in clean technology.

Green Rain Energy Holdings Inc. (OTC:GREH) plans to begin construction on a Level 3 EV charging station in Rochester, NY, by October 2025. The project, located at 1600 W Ridge Road, has received permit approval. It will integrate solar power, green retrofit technology, and next-generation storage systems. A special dividend for shareholders is scheduled for October 28th, pending FINRA approval. While the project promises positives, specific timelines,costs and funding sources remain undisclosed.