← /news·[MARKETS]·JUN 20·2 min read

YY Group Announces Effective Date for 30-for-1 Reverse Stock Split

YY Group Holding Limited (NASDAQ: YYGH) has announced the effective date of a 30-for-1 reverse stock split, a consolidation ratio that will sharply reduce the company's total share count.

$Lena Park·NewsNTech

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Tesla shares slide 11% as discount pricing squeezes profits while capex doubles on AI and robotics push

The unit economics of vehicle manufacturing leave little room for price concessions.

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The constraint investors are now explicitly pricing is this: artificial intelligence infrastructure spending accrues upfront, at scale, and the revenue it is supposed to generate arrives later, with significant uncertain…

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Cloud gaming's subscriber acquisition gap pushes Amazon and Microsoft toward separate models

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