Markets

Flux Power and Delta-Q Technologies are hosting a webinar on August 27, 2025, focusing on electrifying warehouse and GSE operations with lithium-ion solutions. The session, aimed at OEMs and fleet operators, will cover readiness assessment, efficiency, charging innovations, and partner solutions. Attendees can learn how to transition from ICEs and lead-acid batteries to lithium-ion. A live Q&A will conclude the webinar. Registration is available on the Delta-Q website.

Baidu is expected to launch its latest Ernie inference model by late August, reportedly surpassing OpenAI’s o3 in reasoning and computation. An updated Ernie foundational model is also planned. This occurs as OpenAI prepares to launch GPT-5, a unified, multi-modal system. Enhanced inference capabilities are becoming vital amid increasing competition in the AI landscape. Baidu, the first Chinese company with a ChatGPT-like chatbot, aims to compete with OpenAI and others by upgrading its models.

Zhipu.ai launched GLM-4.5, a powerful LLM with an integrated “reasoning-coding-agent” architecture and cost-effective pricing. It excels in code generation and agent capabilities. Dangbei AI, known for model aggregation, integrated GLM-4.5 into its “Super AI Toolbox,” which includes other leading LLMs. Dangbei AI offers users a seamless platform with features like dual-model comparison and custom knowledge base creation and builds applications such as an AI Travel Planner. The competition focuses on integrating technical resources and industry workflows.

Ensurge Micropower ASA (ENMPY) announced its Nomination Committee’s proposal for the August 8, 2025 EGM. The Silicon Valley-based company specializes in ultrathin, flexible solid-state lithium microbatteries for hearables, wearables, and IoT sensors. With 40 specialists, Ensurge focuses on prototyping and initial production, planning to outsource large-scale manufacturing. The company is listed on the Norwegian stock exchange and supported by Norwegian financial investors. The meeting proposal document is attached for review.

Shanghai delivery drivers are protesting a mandatory shuttle system at the Renheng Park Century complex, which adds time and reduces earnings. Drivers must board a shuttle, deliver in order with security, while others wait. Some drivers refuse deliveries there. The property management justifies the policy, citing high rider flow compared to couriers, but Meituan is working to balance resident experience and rider rights in this luxury development.

A video of a car being struck by lightning at a service area in Guangxi, China went viral. The driver reported being unharmed and unaware of the strike. Experts explain that lightning is caused by the uneven distribution of electrical charges within storm clouds. Drivers are advised to stay inside vehicles during thunderstorms and avoid parking under trees or in flood-prone areas. When driving through flooded roads, ensure the water level is below half the tire height.

Tencent’s WeChat has again addressed the recurrent user demand for a “read receipt” feature. The company reiterated that it has never implemented this function and has no plans to do so. This decision is intentional, aiming to grant users autonomy over their responses and avoid potential social pressure and anxiety linked to immediate reply expectations after a message is marked as “read.” WeChat prioritizes user comfort over sender confirmation.

On August 6, 2025, Endeavour Mining repurchased 30,000 ordinary shares through Stifel Nicolaus Europe Limited at prices between 2,456.00 and 2,484.00 GBp, with a volume-weighted average price of 2,477.33 GBp. Following share cancellation, Endeavour will have 241,653,368 ordinary shares in issue with voting rights and no treasury shares. This buyback is part of a program announced on March 20, 2025, aiming to return value to shareholders. The transaction reduces the company’s available capital while potentially increasing earnings per share.

Alex Butler, a 15-year-old from Seattle, became a millionaire by creating the card game “Taco vs. Burrito” at age seven. Butler refined the game through family testing and crowdfunding before launching it on Amazon. The game’s viral success led to over 1.5 million copies sold and an acquisition by PlayMonster. Butler, motivated by profit, plans to buy a Lamborghini with his earnings.

President Trump announced a potential 100% tariff on imported chips, sparking concerns about price increases. He clarified that the tariff exemption would apply to companies manufacturing in the USA. Apple CEO Tim Cook met with Trump, showcasing Apple’s increased US investment pledge to $600 billion, including a smart glass factory in Kentucky. The investment also supports Apple’s US supply chain. Trump reiterated his “Made in the USA” focus, preferring domestic production over Apple’s investments in India.