Nvidia warned surging memory prices will squeeze margins but vowed to pay more and doubled supplier commitments to $279B, lifting Micron and peers.
Billionaire Stanley Druckenmiller used AI tools like ChatGPT and Claude to draft his WSJ piece criticizing US Treasury bond buybacks, defending it as his own ideas.
Billions poured into BTC ETFs last week, pushing prices near $81k. A weak U.S. dollar and positive regulatory news fueled the rally.
CRM stock jumped 12% after beating Q2 earnings. Strong AI sales and a $2.6B Anthropic gain led it to raise full-year guidance.
The ECB plans to raise its key rate to 2.50% in September to fight energy-driven inflation, though an extended tightening cycle remains unlikely.
SpaceX revealed a $100B plan for "Starbase, Louisiana," aiming to build Earth's largest spaceport by 2029 with over a dozen towers for daily Starship launches.
Boeing won a $131B F-15 sustainment contract as the Ministry of War ramps up defense spending.
US crude stocks rose by 4.2M barrels, while the Strategic Petroleum Reserve fell to 289.7M barrels, nearing its operational minimum.
Tesla has increased US Cybertruck prices by $5,000, bringing the Dual Motor to $74,990 and the Premium AWD model to $84,990.
Germany's major automobile club, ADAC, is ending its 20-year fuel discount partnership with Shell on December 31, 2026. Taking Shell's place, Esso Deutschland will step in as the new core partner starting September 1, 2026. The transition introduces an initial promotional discount of 2 cents per liter at Esso filling stations through October 15, 2026, after which the benefit will
Japanese merchants are leaving Rakuten's online marketplace to protest its reported defense partnership with German drone start-up Helsing.
Donald Trump threatened 50% tariffs on Canadian vehicles and parts by Jan 2027 after talks broke down, risking major disruptions to auto supply chains.
Stanley Druckenmiller warned enlarged US Treasury buybacks harm market credibility, arguing deficit cuts not price intervention are needed to lower yields.
Altria and Philip Morris agreed on contract manufacturing deals to boost trade and leverage US tax rebates, with first shipments starting in 2027.
Commerzbank Chair Jens Weidmann urged a review of German takeover laws after UniCredit secured control without paying what he termed an adequate premium.
Standard Chartered is offering wealth clients hedge fund allocations to cushion against market volatility and secure stable, absolute returns.
Tesla is recalling around 3M vehicles in China over door handle safety risks that could trap passengers or block rescuers during power failures.
Alibaba shares fell 8% in Hong Kong after a $10.2B discounted share placement to fund artificial intelligence expansion and infrastructure.
New Zealand plans a bill banning social media for under-16s, proposing fines up to 10% of global revenue for non-compliant platforms.
Gold hits $4,603 and silver nears $69 as a weaker USD and geopolitical tensions outweigh high Treasury yields.
The FAA ordered safety inspections for roughly 471 Boeing 737 Max jets over potential fuselage door frame cracks, despite no cracks found to date.
Hong Kong financiers are pressing lawmakers to pass tax breaks on carried interest to prevent fund managers from relocating following a rival scheme in Singapore.
Visa has partnered with _able and Onafriq to offer its Flex Credential technology across Africa, extending credit access via existing debit and prepaid cards.
UK pension tax relief heavily favors the wealthy, with higher-rate taxpayers receiving double the subsidy of standard-rate payers, fueling calls for equalization.