News

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Wed, 03 Jun 2026 18:30:05 GMT

Tencent Surges on WeChat AI Agent Hopes

Tencent shares surged 10% on reports that it is testing an AI agent prototype for WeChat's 1.4 billion users. The Chinese tech giant plans to start regulatory compliance processes this month, followed by limited external user testing, though an official public launch date is unconfirmed.

Wed, 03 Jun 2026 15:30:06 GMT

Mastercard Expands On-Chain Settlement

Mastercard is expanding its blockchain network to support 24/7 stablecoin settlement with Paxos, Fiserv, and PayPal, removing traditional interbank and cross-border timing delays.

Wed, 03 Jun 2026 12:30:05 GMT

Diverging US-Israel Goals Stall Iran Deal

US-Israel friction over Lebanon strikes has stalled fragile Washington-Tehran peace talks, driving Brent crude oil lower.

Wed, 03 Jun 2026 09:30:04 GMT

Microsoft Unveils AI-Designed Quantum Chip

Microsoft revealed its Majorana 2 quantum chip, built using AI-designed lead materials, aiming for commercial systems by 2029 to match rival IBM despite physicist skepticism.

Wed, 03 Jun 2026 06:50:05 GMT

Crypto Liquidations Hit $1.5B as Bitcoin Slides

Souring sentiment triggered nearly $1.5 billion in crypto liquidations over 24 hours as Bitcoin sank below $67,000. The deleveraging was exacerbated by continuous US ETF outflows and a rare 32 BTC sale disclosure by major holder Strategy Inc.

Wed, 03 Jun 2026 06:45:05 GMT

Goldman Sachs Added Siemens Energy to Conviction List

Goldman Sachs added Siemens Energy to its European Conviction List, citing strong demand from AI data centers and grid infrastructure. Despite the bullish nod and a strong start, the stock closed down 2% at €156.52, failing to reclaim its 50-day moving average.

Wed, 03 Jun 2026 06:30:05 GMT

US Proposes Forced Labor Tariffs

The US proposed 10% to 12.5% tariffs on 60 economies over forced labor failures, rebuilding trade barriers after a February Supreme Court setback.

Tue, 02 Jun 2026 21:30:04 GMT

Alphabet Plans $80 Billion Raise for AI

Alphabet announced plans to raise $80 billion in equity to fund its expanding AI infrastructure, including a $10 billion private placement from Warren Buffett's Berkshire Hathaway.

Tue, 02 Jun 2026 18:30:04 GMT

Nvidia Launches RTX Spark Chip to Power On-Device AI PCs

Nvidia unveiled its new RTX Spark chip, developed with MediaTek, to run autonomous AI agents directly on personal computers. The move sent Nvidia shares up 4% while rivals fell.

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.

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