Markets

Elliptic Labs and Ceva are collaborating to integrate Elliptic Labs’ AI Virtual Smart Sensor Platform with Ceva’s NeuPro-Nano NPU. This partnership empowers Ceva customers to create context-aware, intelligent features in edge devices. The combined solution will enable precise, optimized AI models for improved user experience in applications such as wearables and industrial sensors, accelerating intelligent sensing development across various AIoT applications.

In a legal dispute between Micron and YMTC, Micron is fighting to avoid handing over 73 pages of 3D NAND technology documents to the Chinese company. Micron, citing national security concerns due to YMTC’s placement on the US entity list, considers the court’s decision to grant YMTC access to the documents flawed. The conflict began in November 2023 with YMTC alleging patent infringement.

Entrepreneur Yu Donglai denied making comments about influencer Dong Yuhui amidst online speculation. He clarified his stance on Douyin (TikTok), stating he doesn’t know Yuhui and acknowledges his potential. The controversy arose after Yu praised Nie Shengzhe, who made critical videos about Yuhui, leading fans to question Yu’s support for Nie’s criticisms and whether they reflect his views on Yuhui.

Barton Gold is prioritizing silver exploration at the Tolmer discovery in South Australia, following promising initial drilling results in the western “silver zone.” The company has shifted focus, expanding silver zone drilling and planning follow-up programs after reallocating resources from planned gold exploration. High-grade silver intercepts of up to 4,747 g/t Ag have been encountered.

Meituan’s annual shareholder meeting, led by CEO Wang Xing, was a structured affair with executives primarily reading prepared scripts. Questions covered topics like competition, flash sales, tech advancements, and overseas expansion. Shareholders expressed frustration, leading to a smaller discussion. Despite this, Meituan reported strong Q1 2025 results, with significant revenue and profit growth across its core local commerce and new initiatives segments, driven by robust delivery and online marketing services.

Apple’s WWDC 2025 showcased a major UI overhaul, “Liquid Glass,” a unified design language across iOS, iPadOS, macOS, and visionOS. While the Vision Pro’s visionOS received positive updates, including enhanced widgets, the core focus was on a more dynamic and layered user experience. iPadOS saw significant improvements to become a true productivity tool, catching up to macOS. However, the expected advancements in Apple Intelligence were underwhelming, raising questions about Apple’s AI strategy.

Sunnova Energy has filed for Chapter 11 bankruptcy on June 8, 2025, aiming to sell assets and secure its future via a court-supervised process expected to take about 45 days. Agreements with TEPH Subsidiary and Lennar Homes will provide liquidity during the process. Existing tax equity partnerships and asset-backed securities are largely unaffected. Sunnova will continue operations and customer service, with interim court approvals in place to ensure continuity.

China’s national football team has fallen behind Thailand in the FIFA rankings for the first time, dropping to 99th globally and 15th in Asia after a loss to Indonesia. This unprecedented fall, following a 1-0 defeat, saw China lose 15.05 points. Thailand, on the other hand, is now ranked 98th. The decline threatens China’s chances in the 2027 Asian Cup, making group stage qualification significantly harder.

In an interview with *People’s Daily*, Huawei CEO Ren Zhengfei discussed the company’s challenges, emphasizing pragmatic action and self-awareness. He dismissed dwelling on difficulties, advocating for incremental progress. Ren also addressed public praise, highlighting the importance of criticism for continuous improvement and valuing honest feedback. His leadership philosophy centers on self-reliance and unwavering commitment to execution, prioritizing operational excellence above all.

Former President Trump announced the “Trump Savings Account” initiative, a core part of the “Great American Beauty Act”. This act proposes a $1,000 initial deposit for every child born between 2025 and 2029, with automatic enrollment. Parents can contribute up to $5,000 annually. Funds would be invested in a U.S. stock market index fund until the child turns 18. Key corporate CEOs are expected to contribute billions for their employees’ children’s accounts.