News

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Tue, 02 Jun 2026 15:30:05 GMT

Amazon Moves Prime Day to June to Avoid World Cup Clash

Amazon will host its annual four-day Prime Day from June 23 to June 26, moving it up from July to avoid conflicts with the FIFA World Cup and July 4th.

Tue, 02 Jun 2026 12:57:34 GMT

Anthropic Files For IPO

Anthropic confidentially filed for a US IPO on Monday. Valued at $965 billion after a recent $65 billion funding round, the Claude AI maker is racing against OpenAI and SpaceX for a massive 2026 public market debut.

Tue, 02 Jun 2026 12:55:18 GMT

USAF Upgrades F-16

The U.S. Air Force is seeking a Next-Generation Mission Computer to replace the F-16's aging 20-year-old brain with an open, easily upgradable architecture.

Tue, 02 Jun 2026 12:54:46 GMT

AA Suspends 6 Routes

American Airlines halts 6 domestic routes from LAX and CLT between August 5 and Oct 5 due to fuel costs, impacting 1.4M yearly flyers.

Tue, 02 Jun 2026 12:30:04 GMT

HPE Lifts Forecasts on Robust AI Demand

HPE shares surged 36% after beating Q2 estimates with $10.68B in revenue. High demand for enterprise agentic AI boosted its fiscal 2026 and 2028 outlooks.

Tue, 02 Jun 2026 09:30:05 GMT

Hong Kong Investors Eye SpaceX's Record

Hong Kong investors are exploring various avenues to gain exposure to SpaceX's upcoming US$75 billion IPO.

Tue, 02 Jun 2026 07:55:04 GMT

SAP 2026: €3.5B Bond and 20% Cloud Backlog Growth Signal Strong AI Expansion

SAP SE has finalized a milestone €3.5 billion multi-tranche bond issuance, unlocking cheap, long-term capital to fund its aggressive transition into enterprise AI. Rated A1 by Moody's and A+ by S&P, the massive debt placement is earmarked to restructure acquisition debt and finance deep infrastructure upgrades for its "SAP Business AI" ecosystem. Under the direction of CEO Christian Klein, the

Tue, 02 Jun 2026 06:30:06 GMT

Japan's Unemployment Rate Falls

Japan's unemployment rate improved to 2.5% in April, down from 2.7% in the previous month. This marks the first improvement in two months as many workers transitioned to new roles at the beginning of the new fiscal year. Key findings from the government data include:Workforce Growth: The number of employed people rose by 0.9% to a seasonally adjusted 68.76 million. Job Availability:

Tue, 02 Jun 2026 03:30:06 GMT

India's GDP Growth Likely Slows to 7.2% Amid Weakened

India's economic growth is projected to have eased to 7.2% year-on-year in the January-March quarter of 2026, down from 7.8% in the previous quarter.

Mon, 01 Jun 2026 21:30:07 GMT

Japan Food and Beverage Prices to Surge

Price hikes in Japan will hit 1,078 food and beverage products in June, a massive jump from just 84 items in May.

Mon, 01 Jun 2026 18:30:05 GMT

US Mortgage Rates Stabilize in Mid-6%

US mortgage rates have stabilized in the low to mid-6% range, with the benchmark 30-year fixed rate hovering around 6.33%.

Mon, 01 Jun 2026 15:30:04 GMT

Berkshire Hathaway Makes $6.8 Billion Housing Bet With Taylor Morrison Deal

Berkshire Hathaway agreed to acquire homebuilder Taylor Morrison for $6.8 billion in cash, marking one of the first major strategic moves under new CEO Greg Abel to bet on a U.S. housing market recovery.

Mon, 01 Jun 2026 12:30:05 GMT

FCA's Palantir Deal Sparks US Data Access Fears

Critics fear Palantir's new AI deal with the UK's financial watchdog could give the Trump administration backdoor access to sensitive citizen and company data.

Mon, 01 Jun 2026 09:35:04 GMT

EasyJet Rejects £3bn Takeover Bid

Budget airline EasyJet has dismissed a potential £3bn takeover bid from US firm Castlelake as highly opportunistic. Following the announcement and Castlelake's acquisition of a 2.14% stake, EasyJet shares surged to a three-month high.

Mon, 01 Jun 2026 09:30:05 GMT

Liftoff Eyes $3.7B IPO

Blackstone-backed Liftoff is targeting a $3.7 billion U.S. IPO. Looking to raise $418 million, the app marketing firm will test market appetite for software stocks.

Mon, 01 Jun 2026 07:40:04 GMT

Alphabet Inc. (GOOGL) Shares Fall 2.7% Amid Overvaluation Concerns

Alphabet Inc. (GOOGL) shares declined 2.7% to $380.34 on May 29, 2026, amid continued market volatility.

Mon, 01 Jun 2026 06:30:03 GMT

Dell Challenges Apple

Dell launched a $699 XPS 13 laptop to rival Apple's MacBook Neo. Weighing less and featuring a larger screen, it targets students with a $599 promo.

Sat, 30 May 2026 03:30:04 GMT

Trump's Oman Threats Spark Middle East Spotlight

Trump threatened sanctions and military action against Oman over reports of shared control or tolls with Iran in the strategic Strait of Hormuz.

Fri, 29 May 2026 21:30:06 GMT

$73.5B Yen Intervention

Japan spent $73.5B to support the yen. The massive effort had limited effect, with the currency hovering near 160 per USD.

Fri, 29 May 2026 18:30:04 GMT

American Airlines Expands Premium Cabins

To offset rising fuel costs and prevent flight cancellations, American Airlines is aggressively retrofitting its fleet to prioritize high-yield premium seating over standard economy.

Fri, 29 May 2026 12:30:04 GMT

Barclays Mortgage Rate Cuts

Barclays is reducing residential purchase and remortgage rates by up to 0.43%. Key cuts include three-year fixes at 95% LTV dropping to 5.42% and select five-year fixes falling by 0.19%, aiming to improve affordability for buyers and existing customers.

Fri, 29 May 2026 10:39:25 GMT

Dell Shares Surge on AI Demand

Dell stock 36% in after raising its annual sales outlook to $167B, fueled by explosive demand for its AI-powered servers.

Fri, 29 May 2026 09:30:05 GMT

Huawei's New Chip Strategy

Huawei is bypassing U.S. sanctions by shifting focus from shrinking transistors to increasing signal speed via Tau Scaling and LogicFolding.

Fri, 29 May 2026 07:05:04 GMT

Anthropic Hits $965B Valuation

Anthropic raised $65B, reaching a $965B valuation and surpassing OpenAI. The firm targets $47B in annual revenue as it scales AI infrastructure ahead of a planned IPO.

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