Sign In
Free Newsletter
Oil prices jump 7% as US-Iran truce buckles under fresh hostilities
Oil prices surged over 7% after U.S. President Donald Trump threatened fresh strikes on Iran, raising concerns about tanker traffic through the Strait of Hormuz.
Oil jumps after settlement as US revokes general license for Iran oil sales
Oil prices surged after the U.S. revoked the general license for Iranian crude sales amid tanker attacks near the Strait of Hormuz, raising shipping disruption fears.
Amazon aims to raise $25B from bond sale, Bloomberg News reports
Amazon plans to raise at least $25 billion through a bond sale to support its AI infrastructure investments, joining other Big Tech firms in tapping debt markets.
Trump says 500,000 children receive first $1,000 Trump account deposits
President Donald Trump announced the government deposited $1,000 into over 500,000 Trump Accounts to help newborn Americans build wealth early.
Elon Musk’s bid to set aside Twitter fraud verdict rejected by US judge
A US judge denied elon musk's motion to set aside a jury verdict that found him liable for defrauding twitter investors during his $44 billion takeover.
Solstice buys Element Solutions in $14.5B deal, sharpens focus on AI market
Solstice acquires Element Solutions for $14.5 billion to expand its advanced materials platform focused on ai infrastructure and semiconductor markets.
Microsoft to cut 4,800 jobs, overhaul Xbox unit
Microsoft announced 4,800 job cuts and an Xbox division overhaul as it shifts strategy and manages rising AI investment costs.
Trump on financial disclosures: Everyone’s profiting because stock market is up
President Donald Trump reported over $1.4 billion income from his family's crypto ventures amid rising stock market profits.
Microsoft launches firm to help companies adopt AI with $2.5B
Microsoft launches Microsoft Frontier Company with $2.5 billion funding to help businesses select and integrate AI technologies tailored to their needs.
OpenAI proposes handing Trump administration 5% stake, FT reports
OpenAI has proposed giving the U.S. government a 5% stake to address regulatory concerns and public backlash over ai technology and its economic impact.
US job growth slows in June; unemployment rate falls to 4.2% amid decline in labor force
U.S. job growth slowed in June with payrolls rising 57,000 and unemployment rate dropping to 4.2% due to labor force decline, signaling a cooling labor market.
Strategy’s enterprise value falls below bitcoin holdings as crypto sentiment sours
Strategy's enterprise value has dropped below its bitcoin holdings, raising investor concerns amid ongoing crypto market volatility and share price declines.
