News & Updates
The latest news and updates from companies in the WLTH portfolio.
Musk keeps Tesla-SpaceX merger speculation alive, cites growing overlap
Tesla, Inc. designs, builds, and sells electric vehicles. Net sales break down by activity as follows: - sale of automotive vehicles (69.4%); - sale of energy generation and storage systems (13.5%); - services (13.2%): primarily maintenance and repair services. The group also develops sale of power train assembly components for electric vehicles activity; - automotive credits (2.1%); - automotive leasing (1.8%). At the end of 2025, the group had 8 manufacturing sites located in the United States (5), China (2) and Germany. Net sales are distributed geographically as follows: the United States (50.2%), China (22.1%) and other (27.7%).
SpaceX, Grab, Sea to Trade on Singapore Exchange Through SDRs
SpaceX, Grab and Sea are set to start trading on the Singapore Exchange via the issuance of Singapore Depository Receipts on Wednesday. SGX said in a statement that the new additions will "provide direct access to innovative themes" in Singapore's local currency. "The U.S. SDRs enable investors to manage and trade these global companies seamlessly in [Singapore dollars], eliminating foreign-currency conversion friction, while enabling trading during Singapore market hours," SGX said. The move comes as investor activity in SDRs continues to build, the exchange operator said. Average daily turnover has risen strongly, driven by record-high retail participation, it said.
SpaceX Starship launch aborted seconds before Texas liftoff
STORY: :: SpaceX's Starship rocket triggers a last-second abort before liftoff for its 13th flight test :: Starbase, Texas / July 16, 2026 :: Dan Huot, SpaceX spokesperson "No Starship launch today. We'll dig in with the teams, figure out what happened, and figure out when our next attempt is going to be." :: In a post on X, CEO Elon Musk said that some of the engines didn't start, triggering an automatic launch abort The launch abort came less than a second before Starship's planned 6:45 p.m. ET (2245 GMT) liftoff from Starbase, SpaceX's company town in south Texas. The rocket's engines ignited but cut off shortly after. Shares of SpaceX, which went public last month, fell about 3% in aftermarket trading following the scrubbed launch.
Alibaba-Backed Moonshot AI Launches Kimi K3, Says It Narrows Gap With OpenAI, Anthropic Models
Alibaba Group Holding Ltd is an investment holding company mainly engaged in the provision of technology infrastructure and marketing platforms. The Company operates its business through four segments. The Alibaba China E-commerce Group segment is mainly engaged in E-commerce business, including operating Tmall Supermarket and Tmall Global, providing customer management services, product sales, as well as logistics services. It also operates quick commerce business such as Taobao Instant Commerce and Ele.me, as well as the China commerce wholesale business through 1688.com. The Alibaba International Digital Commerce Group segment is mainly engaged in international commerce retail and wholesale business, operating platforms such as AliExpress, Trendyol, Lazada and Alibaba.com. The Cloud Intelligence Group segment mainly provides public and non-public cloud services. The Other segments primarily include the operations of Freshippo, Cainiao, Alibaba Health and other business.
Microsoft CEO Questions Anthropic's Request Restrictions on Fable AI
Satya Nadella occupies the position of Chairman at The Business Council and Chief Executive Officer & Non-Independent Director at Microsoft Corp. He is also on the board of Starbucks Corp., The University of Chicago and Fred Hutchinson Cancer Research Center. He previously occupied the position of Member-Technology Staff at Sun Microsystems, Inc. Mr. Nadella received an MBA from The University of Chicago, a graduate degree from the University of Wisconsin-Milwaukee and an undergraduate degree from Mangalore University.
SpaceX's Starship Rocket Triggers Automatic Launch Abort as Engines Fail to Start
Space Exploration Technologies Corp. designs, manufactures, launches, and operates products and services built on technologies, including rockets and spacecraft. The Company's segments include Space, Connectivity, and artificial intelligence (AI). Its Space segment designs, manufactures, and launches reusable rockets to provide access to space. Its Connectivity segment operates broadband data and communications network powered by approximately 9,600 Starlink broadband and mobile satellites in Low-Earth orbit, delivering connectivity to consumer, enterprises, and government customers over 164 countries, territories, and other markets. In its AI segment, it operates a vertically integrated AI platform spanning its truth-seeking frontier model Grok, AI solutions for consumer and enterprise customers, X-its real-time information, entertainment, and free speech platform and AI computational infrastructure.
FIS Joins Anthropic's Project Glasswing to Test its Software Security
Fidelity National Information Services, Inc. is one of the world's leading providers of technology solutions, payment card issuance and transaction processing services management and outsourcing services to financial institutions and retailers. Net sales break down by activity as follows: - payment card issuance services (68.2%); - financial services (29.9%); - other (1.9%). The group also develops banking management software used to file primary records of customer accounts, electronic transfer of funds software, bank and online payment services, detection and prevention of frauds services, payment card issuance services, etc. North America accounts for 77.8% of net sales.
Microsoft Coaching Sales Teams on Pitches to Win Against OpenAI, Anthropic
Microsoft Corporation is the world's leader in the design, development and marketing of operating systems and software programs for PC's and servers. The group also builds and sells computer equipment. Net sales break down by activity as follows: - sale of operating systems and application development tools (42.9%): primarily for servers (Azure, SQL Server, Windows Server, Visual Studio, System Center, GitHub, etc.) and (Windows); - development of cloud-based software applications (37.7%): programs for productivity (Microsoft 365; Word, Excel, PowerPoint, Outlook, OneNote, Publisher and Access), integrated management and customer relationship management (Dynamics 365), online file sharing and management (OneDrive), and unified and collaborative communications (Microsoft Teams); - other (19.4%): primarily sale of software licenses (Windows), tablets (Microsoft Surface), video game consoles and software (Xbox), computer accessories, etc. The United States accounts for 51.3% of net sales.
JPMorgan CEO Dimon says Anthropic's Mythos AI risks are a 'real issue'
Mr. James Dimon is a Chairman & Chief Executive Officer at JPMorgan Chase Bank, NA and JPMorgan Chase & Co. and a Member at The Business Council. He became Chairman of the Board on December 31, 2006, and has been Chief Executive Officer and President since December 31, 2005. Mr. Dimon is on the Board of Directors of Harvard Business School and Catalyst; Chairman of the Business Roundtable; and a member of The Business Council. He is also on the Board of Trustees of New York University School of Medicine. He does not serve on the board of any publicly traded company other than JPMorgan Chase. Mr. Dimon was President and Chief Operating Officer following JPMorgan Chase's merger with Bank One Corporation in July 2004. At Bank One, he was Chairman and Chief Executive Officer from March 2000 to July 2004. Before joining Bank One, Mr. Dimon held a wide range of executive roles at Citigroup Inc., the Travelers Group, Commercial Credit Company and American Express Company. He graduated from Tufts University and received an M.B.A. from Harvard Business School.
Aramco Awards Halliburton Company Long-Term Contract for Unconventional Gas Program
Aramco awarded Halliburton Company a multi-year contract to deliver integrated stimulation and completion services for unconventional gas development in the Kingdom of Saudi Arabia. This award is part of a broader multi-billion contract, supporting one of the largest unconventional gas development programs globally. Across many of the Kingdom?s unconventional plays, Halliburton Company delivers a comprehensive suite of drilling and completion solutions. Its integrated service model is designed to support high-intensity development programs and improve operational efficiency, workflow predictability, and execution reliability. Beginning in the third quarter of 2026, Halliburton Company will deploy the Kingdom?s first fully integrated intelligent fracturing platform through OCTIV Auto Frac and Sensori fracturing monitoring services to contribute to asset value for one of the world?s largest unconventional fields. Under the program, Halliburton Company will deploy intelligent automation solutions for fracturing to optimize performance in real time and support disciplined implementation across multi-well campaigns. These technologies support digital integration across operations while advancing efficiency and operational reliability. Development activities in the Jafurah Basin are underway. To support this effort, Halliburton Company plans to increase its investment in local manufacturing, improve its supply chain, and expand workforce development programs within the Kingdom, aiming to scale operations and sustain high performance as unconventional activity accelerates.
SpaceX's slide risks turning blockbuster IPO into confidence test
Space Exploration Technologies Corp. designs, manufactures, launches, and operates products and services built on technologies, including rockets and spacecraft. The Company's segments include Space, Connectivity, and artificial intelligence (AI). Its Space segment designs, manufactures, and launches reusable rockets to provide access to space. Its Connectivity segment operates broadband data and communications network powered by approximately 9,600 Starlink broadband and mobile satellites in Low-Earth orbit, delivering connectivity to consumer, enterprises, and government customers over 164 countries, territories, and other markets. In its AI segment, it operates a vertically integrated AI platform spanning its truth-seeking frontier model Grok, AI solutions for consumer and enterprise customers, X-its real-time information, entertainment, and free speech platform and AI computational infrastructure.
SpaceX Listing Drives CommSec Expansion Into US IPOs
Space Exploration Technologies Corp. designs, manufactures, launches, and operates products and services built on technologies, including rockets and spacecraft. The Company's segments include Space, Connectivity, and artificial intelligence (AI). Its Space segment designs, manufactures, and launches reusable rockets to provide access to space. Its Connectivity segment operates broadband data and communications network powered by approximately 9,600 Starlink broadband and mobile satellites in Low-Earth orbit, delivering connectivity to consumer, enterprises, and government customers over 164 countries, territories, and other markets. In its AI segment, it operates a vertically integrated AI platform spanning its truth-seeking frontier model Grok, AI solutions for consumer and enterprise customers, X-its real-time information, entertainment, and free speech platform and AI computational infrastructure.
Evercore ISI Initiates SpaceX at Outperform With $230 Price Target
Space Exploration Technologies Corp. designs, manufactures, launches, and operates products and services built on technologies, including rockets and spacecraft. The Company's segments include Space, Connectivity, and artificial intelligence (AI). Its Space segment designs, manufactures, and launches reusable rockets to provide access to space. Its Connectivity segment operates broadband data and communications network powered by approximately 9,600 Starlink broadband and mobile satellites in Low-Earth orbit, delivering connectivity to consumer, enterprises, and government customers over 164 countries, territories, and other markets. In its AI segment, it operates a vertically integrated AI platform spanning its truth-seeking frontier model Grok, AI solutions for consumer and enterprise customers, X-its real-time information, entertainment, and free speech platform and AI computational infrastructure.
Alibaba Group to Ban Anthropic AI Tools Over Security Concerns
Alibaba Group Holding Ltd is an investment holding company mainly engaged in the provision of technology infrastructure and marketing platforms. The Company operates its business through four segments. The Alibaba China E-commerce Group segment is mainly engaged in E-commerce business, including operating Tmall Supermarket and Tmall Global, providing customer management services, product sales, as well as logistics services. It also operates quick commerce business such as Taobao Instant Commerce and Ele.me, as well as the China commerce wholesale business through 1688.com. The Alibaba International Digital Commerce Group segment is mainly engaged in international commerce retail and wholesale business, operating platforms such as AliExpress, Trendyol, Lazada and Alibaba.com. The Cloud Intelligence Group segment mainly provides public and non-public cloud services. The Other segments primarily include the operations of Freshippo, Cainiao, Alibaba Health and other business.
Alibaba Group Employees Banned from Using Anthropic's Claude Code, to Use Proprietary Coding Platform Qoder
Alibaba Group Holding Ltd is an investment holding company mainly engaged in the provision of technology infrastructure and marketing platforms. The Company operates its business through four segments. The Alibaba China E-commerce Group segment is mainly engaged in E-commerce business, including operating Tmall Supermarket and Tmall Global, providing customer management services, product sales, as well as logistics services. It also operates quick commerce business such as Taobao Instant Commerce and Ele.me, as well as the China commerce wholesale business through 1688.com. The Alibaba International Digital Commerce Group segment is mainly engaged in international commerce retail and wholesale business, operating platforms such as AliExpress, Trendyol, Lazada and Alibaba.com. The Cloud Intelligence Group segment mainly provides public and non-public cloud services. The Other segments primarily include the operations of Freshippo, Cainiao, Alibaba Health and other business.