Key Points: Spot gold prices dropped to $4,537.21 an ounce as traders watched the ongoing military standoff between the US and Iran. The United States continues its strict naval blockade of Iranian ports, completely shutting down the Strait of Hormuz....
Key Points: Goldman Sachs raised its core inflation estimate to 2.6% for the end of the year due to high oil prices. The ongoing closure of the Strait of Hormuz continues to disrupt one-fifth of the global crude oil supply. Analysts predict Brent crude will average $100 per barrel this spring before falling to $90 by the fourth quarter. President Donald Trump rejected a recent...
Key Points: The European Commission determined Meta broke EU laws by allowing children under 13 to use Facebook and Instagram. Investigators found that children easily bypass age limits using fake birthdays, and the platform ignores user reports about underage accounts. Regulators threaten to fine the tech giant up to 6% of its global annual revenue if the company fails to fix these issues. This warning...
Key Points: SpaceX told investors that no one can remove Elon Musk from his leadership roles without his direct consent. The company will use a dual-class share system, giving Musk super-voting Class B shares with 10 votes each. Corporate governance experts call this level of control highly unusual compared to other major technology companies. SpaceX incorporated in Texas after a Delaware judge previously voided a...
Key Points: China warned the European Union of direct countermeasures if it bans Huawei and ZTE telecommunications equipment. Chinese officials...
Key Points: Uber launched a new feature that allows users to book over 700,000 hotels directly in its app. The...
Key Points: Brent crude jumped 3.3% to $114 per barrel after President Trump ordered an indefinite naval blockade. The global...
Key Points: Engineers from MIT and partner universities created a new soft magnetic hydrogel to build tiny 3D robots. The...
Key Points: The closure of the Strait of Hormuz cost Europe an extra €22 billion in fossil fuel bills in...
Key Points: Tesla will release the FSD V14 Lite software to international markets after the United States launch. The company...
Key Points: China will apply zero-tariff treatment to 20 additional African countries starting May 1, 2026. The government will keep...
Key Points: European Union lawmakers failed to agree on delaying strict artificial intelligence rules until December 2027. The new regulations...
Key Points: Japan recorded a 2.6% unemployment rate in fiscal 2025, showing the first increase in five years. Total employment...
Key Points: Headline inflation increased by 1.1% in the March quarter and reached 4.6% over the past 12 months. Petrol...
Key Points: Woodside reported a 7% jump in operating revenue to hit $3.26 billion in the March quarter. The average...
Key Points: TSMC sold its final 1.11 million shares in Arm Holdings for a total of $231 million in cash....
Key Points: Goldman Sachs recently removed access to Anthropic's Claude artificial intelligence for its bankers stationed in Hong Kong. The...
Key Points: President Donald Trump ordered aides to extend the United States naval blockade on Iranian ports indefinitely. Brent crude...
Key Points: Hyper-personalized advertising leverages vast amounts of data and AI algorithms to create detailed consumer profiles and predict preferences....
Key Points: Bitcoin prices dropped below $77,000 following a failed attempt to hold gains above $79,000 earlier in the week....
Key Points: Brazil's antitrust regulator, CADE, launched an official investigation into the airlines LATAM and Gol for potential price collusion....
Key Points: Honda pushed back the launch of its advanced artificial-intelligence self-driving system by one year to 2028. The automaker...
Key Points: Amazon unveiled a new hiring tool called Connect Talent that uses artificial intelligence to conduct automated job interviews...
Key Points: NXP Semiconductors predicts second-quarter revenue will reach up to $3.55 billion, beating earlier Wall Street estimates. The company's...
Key Points: Airlines face over $6 billion in additional costs this year because the conflict in Iran forced the Strait...
Key Points: Soybean oil prices reached their highest level in over three years due to rising crude oil prices. North...
Key Points: Elon Musk is suing OpenAI and its leaders for $150 billion, claiming they illegally transformed a charity into...
Key Points: A fresh Wall Street Journal report claims OpenAI missed its goal of 1 billion weekly active users, sparking...
Key Points: The European Parliament voted to demand a 10% increase, adding nearly 200 billion euros to the next long-term...
Key Points: OpenAI and Amazon Web Services partnered up to bring advanced artificial intelligence directly into Amazon cloud environments. Amazon...
Key Points: Italy might extend its fuel tax cuts beyond May 1 to help families and businesses cope with soaring...
Key Points: Gold and silver futures dropped significantly on Tuesday, losing roughly 2% and 2.5% of their respective market value....
Key Points: More than 70 House Democrats urged President Donald Trump to block Chinese automakers from the United States. Representatives...
Key Points: FedEx and UPS plan to return all tariff refunds directly to their customers following a major Supreme Court...
Key Points: The Conference Board reported its consumer confidence index rose to 92.8 in April. A temporary ceasefire in the...
Key Points: OpenAI missed its 1-billion-user goal, dragging down major tech and cloud computing stocks. President Donald Trump claimed Iran...
Key Points: Financial firms currently adopt artificial intelligence technology at more than twice the rate of government regulators. Only 24...
Key Points: Amazon will share its first-quarter earnings this Wednesday alongside massive tech rivals like Google and Microsoft. The company...
Key Points: Energy prices will jump 24% this year due to the ongoing war in the Middle East. Brent crude...
Key Points: General Motors reported an adjusted first-quarter earnings of $3.70 per share, completely crushing the expected $2.62. The automaker...
Key Points: T-Mobile introduced SuperBroadband, a new business internet service combining 5G networks with Starlink satellite backup. The service specifically...
Key Points: The United Arab Emirates will officially leave the OPEC and OPEC+ oil cartels on May 1. Abu Dhabi...
Key Points: King Charles will deliver a 20-minute speech to Congress on Tuesday to mend the special relationship. Tensions flared...
Key Points: Major industrial businesses in China grew their total profits by 15.5% to reach 1.696 trillion yuan in the...
Key Points: Scientists captured detailed images of a DNA repair process that could help fight cancer. The discovery focuses on...
Key Points: A severe El Niño weather pattern will trigger extreme heatwaves in Asia and cooler summers in North America...
Key Points: Organizers ask Australians to withdraw money today to protest the push toward a cashless society. The movement hopes...
Key Points: CSSC Engine delivered China's first ammonia-fueled marine engine by partnering with over 130 international companies. The Chinese manufacturing...
Key Points: Critical Metals agreed to purchase European Lithium for $835 million in an all-stock transaction. The acquisition gives the...
Key Points: Foreign car companies warned the Trump administration that they might stop selling affordable vehicles in the United States....
Key Points: Brent crude stayed near $108 a barrel after jumping 2.8% as traders watched the latest peace negotiations. The...
Key Points: Foreign car brands now use Chinese electric vehicle platforms and software to build their new models. Volkswagen and...
Key Points: Micron and SanDisk shares jumped again on Monday as analysts predict strong demand for artificial intelligence memory through...
Key Points: The global oil market lost 13.7 million barrels of daily supply due to the ongoing conflict in Iran....
Key Points: Qualcomm shares jumped 13% following reports of a new partnership with OpenAI to build a smartphone processor. Tech...
Key Points: Joby Aviation executed the first point-to-point electric vertical takeoff and landing flight in New York City. The new...
Key Points: Major European media groups sent a letter to EU leaders on April 21, warning about a new digital...
Key Points: Synthetic biology combines biology, engineering, and computer science to design and construct biological systems and organisms with novel...
Key Points: Bayer asked the US Supreme Court to block tens of thousands of lawsuits claiming Roundup weedkiller causes cancer....
Key Points: Microsoft will roll out its Copilot 365 artificial intelligence software to all 743,000 Accenture workers. Barely 3 percent...
Key Points: Fewer than 1% of Blue Owl Capital Corp. II shareholders accepted a buyout offer from Saba Capital Management...
Key Points: Germany currently holds 3,350 tonnes of gold, valued at roughly €440 billion. A top economic researcher wants the...
Key Points: TotalEnergies is running its Gonfreville refinery at exactly 100% capacity to ensure steady fuel supplies. The facility processes...
Key Points: Shell agreed to purchase ARC Resources for $13.6 billion to boost its long-term energy production. The massive transaction...
