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Apple $5 Trillion Market Value Reached Briefly

Apple has briefly crossed the historic $5 trillion market valuation milestone, becoming the world’s most valuable publicly traded company and marking another major achievement for the iPhone maker. During Tuesday’s trading session, Apple’s share price climbed to an intraday high of $342.89, pushing its market capitalisation above $5.03 trillion before easing slightly later in the… Continue reading Apple $5 Trillion Market Value Reached Briefly

AT&T EchoStar Acquisition Completes $23 Billion Deal

AT&T Finalizes Major Spectrum Deal AT&T has completed its $23 billion acquisition of selected wireless spectrum licenses from EchoStar. The deal ranks among the biggest telecom transactions in recent years. AT&T first announced the agreement in August 2025. Now, the company expects the purchase to strengthen its nationwide wireless network. The acquisition gives AT&T valuable… Continue reading AT&T EchoStar Acquisition Completes $23 Billion Deal

Bitcoin Holds Above $65K as Investor Optimism Strengthens

Bitcoin continued to trade above $65,300 on Monday, maintaining its recent momentum as improving market sentiment and steady institutional demand helped support the world’s largest cryptocurrency. The digital asset has now posted gains for four consecutive weeks, reflecting growing investor confidence despite ongoing global economic uncertainty. Easing Global Tensions Support Crypto Markets A calmer geopolitical… Continue reading Bitcoin Holds Above $65K as Investor Optimism Strengthens

Wall Street Slips as Oil Prices Fal

Wall Street slips after oil prices dropped nearly 6% as easing tensions between the United States and Iran reduced concerns about global energy supplies. Investors reacted to the sharp decline in crude prices by reassessing market expectations. Analysts said improving geopolitical conditions helped calm fears of supply disruptions across global oil markets. Wall Street Slips… Continue reading Wall Street Slips as Oil Prices Fal

Nvidia Reportedly Discussing $250 Billion Financing Deal to Support OpenAI Data Center Project

Nvidia is reportedly in discussions to provide up to $250 billion in financing guarantees for OpenAI as part of one of the world’s largest artificial intelligence infrastructure projects. According to reports, the proposed agreement would support OpenAI’s plans to lease a massive AI data center currently being developed in southern Ohio, marking a significant shift… Continue reading Nvidia Reportedly Discussing $250 Billion Financing Deal to Support OpenAI Data Center Project

Shein Posts Quarterly Loss Ahead of Hong Kong IPO as Tariffs Weigh on Business

Shein has reported a $99 million quarterly loss as the global fast-fashion giant prepares for its highly anticipated Hong Kong stock market debut. The company blamed slowing sales, rising trade costs, and a significant one-time accounting charge for the disappointing results, highlighting the growing challenges facing its business. The financial figures were released in Shein’s… Continue reading Shein Posts Quarterly Loss Ahead of Hong Kong IPO as Tariffs Weigh on Business

Samsung, SK Group Sign $950 Billion AI Deals as South Korea Deepens Global Tech Partnerships

Samsung

South Korea has strengthened its position in the global artificial intelligence race after Samsung Electronics and SK Group announced major agreements worth a combined $950 billion during an AI summit hosted by President Lee Jae Myung in San Francisco. The landmark partnerships involve some of the world’s biggest technology companies, including Nvidia, Broadcom, OpenAI and… Continue reading Samsung, SK Group Sign $950 Billion AI Deals as South Korea Deepens Global Tech Partnerships

Small Businesses Sue Trump Over New Sweeping Tariffs

United States Court of International Trade in New York City

Small businesses across the United States have launched fresh legal challenges against President Donald Trump’s latest round of sweeping tariffs, arguing the new trade measures exceed the administration’s legal authority and could severely impact American businesses. The lawsuits target tariffs announced on Thursday that impose double-digit duties on imports from 60 trading partners. The Trump… Continue reading Small Businesses Sue Trump Over New Sweeping Tariffs

Barclays Warns Brent Oil Prices Could Surge if Strait of Hormuz Crisis Continues

Barclays sees upside risks to 2026 Brent price view given Strait of Hormuz impasse

Barclays has warned that its outlook for Brent crude oil prices in 2026 faces significant upside risks if disruptions in the Strait of Hormuz continue, with prolonged tensions potentially pushing prices as high as $150 per barrel. The investment bank said the longer the shipping impasse lasts, the greater the pressure on global oil markets.… Continue reading Barclays Warns Brent Oil Prices Could Surge if Strait of Hormuz Crisis Continues

US Agency Rejects Petition Seeking Tesla Model 3 Door Release Defect Investigation

A display of a Tesla Model 3 using Full Self-Driving Supervised on a highway in San Diego

The US National Highway Traffic Safety Administration (NHTSA) has rejected a petition requesting a formal defect investigation into the emergency mechanical door release system used in approximately 180,000 Tesla Model 3 vehicles. The agency concluded that the petition did not provide enough evidence to justify opening a safety defect investigation and said the matter would… Continue reading US Agency Rejects Petition Seeking Tesla Model 3 Door Release Defect Investigation