JD.com Prepares Remedy Tweaks in Bid for EU Ceconomy Nod — Daily Fintech News, September 11, 2026
Saturday, September 12, 2026 · 1:06 AM ET
M&A
1.JD.com Prepares Remedy Tweaks in Bid for EU Ceconomy Nod
JD.com is preparing to adjust its concessions to win European Union antitrust approval for its takeover of German electronics retailer Ceconomy, as the Chinese e-commerce group pushes to expand its footprint in Europe.
$JD
$JDClose$27.06+0.15%
1Y -19.6%Rev QoQ -2.9%EPS QoQ +21.3%52wk $24.508–$36.86P/E 18.0Mkt Cap $36.54B
AI
2.China AI Star Moonshot Eyes $2 Billion Annualized Sales in 2026
Chinese AI startup Moonshot, one of the country's leading large-model developers, is targeting roughly $2 billion in annualized revenue in 2026 as commercial adoption of its models accelerates.
AI
3.OpenAI's Fidji Simo to Join Board of Cloud Provider Nscale Ahead of IPO
Former OpenAI executive Fidji Simo has joined the board of Nscale, an AI data-center startup that has raised billions to build compute capacity, as the cloud provider prepares for an initial public offering.
Financing
4.Meta Meets With European Credit Investors in Non-Deal Roadshow
Meta is holding a non-deal roadshow with European credit investors, a sign the tech giant is laying the groundwork to tap debt markets to help fund its massive AI data-center capital spending.
$META
$METAClose$648.03+0.57%
1Y -14.2%Rev QoQ +28.0%EPS QoQ -13.4%52wk $520.26–$790.8P/E 24.3Mkt Cap $1.65T
Regulatory
5.Broadcom's VMware Curbs Face Fresh EU Antitrust Scrutiny
European Union antitrust regulators are taking a fresh look at the licensing restrictions Broadcom imposed on VMware customers following its takeover, adding regulatory pressure on the chip-and-software giant.
$AVGO
$AVGOClose$361.99+0.32%
1Y +0.6%Rev QoQ +85.5%EPS QoQ +215.3%52wk $289.96–$495.0P/E 46.2Mkt Cap $1.73T
Markets
6.Tesla Shares Suffer Slow Summer After SpaceX IPO, Earnings Rout
Tesla shares have drifted through a weak summer following the SpaceX IPO and a disappointing earnings stretch, underperforming as investors reassess the stock's outlook.
$TSLA
$TSLAClose$365.44+0.52%
1Y -7.7%Rev QoQ +25.5%EPS QoQ -3.0%52wk $297.38–$498.83P/E 332.2Mkt Cap $1.44T
Markets
7.US Convertible Bond Market Hits Record as AI Spending Surges
The US convertible bond market has hit a record as technology companies increasingly use convertible debt to finance surging AI infrastructure and data-center spending.
AI
8.Nvidia Mulls $10 Billion Anthropic IPO Backing
Nvidia is in talks to invest up to $10 billion to back Anthropic's planned IPO, according to Reuters, deepening the chipmaker's financial ties to a leading AI model developer.
$NVDA
$NVDAClose$218.29-0.03%
1Y +22.8%Rev QoQ +105.9%EPS QoQ +127.8%52wk $164.27–$236.54P/E 27.6Mkt Cap $5.27T
Markets
9.Larry Ellison to Sell Up to $7.5bn of Oracle Stock
Oracle founder Larry Ellison plans to offload as many as 50 million shares, worth up to $7.5 billion, even as the company posts surging data-center revenue amid investor fears it is overcommitted to AI.
$ORCL
$ORCLClose$150.28-1.74%
1Y -48.6%Rev QoQ +20.6%EPS QoQ +21.9%52wk $114.5–$329.5P/E 24.0Mkt Cap $432.88B
Tech
10.Oracle to Spend an Additional $700 Million on More Job Cuts
Oracle is boosting its restructuring plan by about $700 million to fund additional layoffs as it reshapes its workforce around its AI cloud buildout.
$ORCL
$ORCLClose$150.28-1.74%
1Y -48.6%Rev QoQ +20.6%EPS QoQ +21.9%52wk $114.5–$329.5P/E 24.0Mkt Cap $432.88B
AI
11.AI Firm Cohere in Talks for Up to $3 Billion Raise
Enterprise AI startup Cohere is in talks to raise as much as $3 billion, according to a report, as competition and demand for AI model funding intensifies.
Fintech
12.Kalshi Moves to Expand Into US Stock and Commodity Markets
Prediction-market platform Kalshi is moving to expand beyond event contracts into US stock and commodity trading, pushing further into mainstream retail markets.