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Unitree's Blockbuster IPO Short Circuits
Unitree's Blockbuster IPO Short Circuits
Shares of Unitree Robotics have nearly halved since the Chinese company's blockbuster IPO almost two weeks ago, as concerns about a humanoid robotics bubble continue to mount. Not even China's World Humanoid Robot Games or World Robot Conference generated enough enthusiasm among retail or institutional investors to rekindle upward momentum.
The warning signs were first visible from the opening bell in Shanghai. Unitree initially surged 629% when it began trading on Shanghai's Star Market, immediately transforming China's first publicly traded humanoid robot manufacturer into a...
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Apr 21, 2026 / Tyler Durden
Trump Cryptically References US Intercepted Chinese 'Gift' To Iran
Trump Cryptically References US Intercepted Chinese 'Gift' To Iran
President Trump made an interesting and somewhat cryptic China reference in a series of Tuesday morning Iran-related statements, given to CNBC.
He stated that US forces recently intercepted a vessel carrying what he described as a "gift" from China to Iran as Tehran seeks to rebuild its military during a ceasefire.
via Flickr
The ship had "a gift from China" which "wasn’t very nice," Trump told CNBC. "I was a little surprised," he said, adding that he believed he had an "understanding" with Chinese...
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Jun 16, 2026 / Tyler Durden
Trump Calls On Putin To Reach Deal With Ukraine After Zelenskyy Meeting
Trump Calls On Putin To Reach Deal With Ukraine After Zelenskyy Meeting
Authored by Emel Akan via The Epoch Times,
U.S. President Donald Trump kicked off his G7 summit meetings on June 16 in the French spa town of Evian-les-Bains, joining a roundtable discussion with Ukrainian President Volodymyr Zelenskyy and other G7 leaders.
(L-R) U.S. President Donald Trump, French President Emmanuel Macron, and Ukrainian President Volodymyr Zelenskyy take part in a working session at the G7 summit in Evian-les-Bains, France, on June 16, 2026. Thibault Camus / POOL / AFP
"We had a...
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Mar 30, 2026 / Tyler Durden
Dallas Fed Mfg Activity Holds Near One Year High Despite Plunge In Respondent Sentiment On Iran War
Dallas Fed Mfg Activity Holds Near One Year High Despite Plunge In Respondent Sentiment On Iran War
The Dallas Fed Manufacturing Index continues to straddle the unchanged line, and despite a tiny dip from 0.2 in February, the highest print since July, to -0.2 in March, just below the 1.5 median estimate, the index remained near the highest level in a year and absent a modest and brief, post-Trump election spike, this remains one of the highest prints since mid-2022.
Curiously, the headline index barely dropped even though most index components...
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