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Oil prices surged following reports that Iran's supreme leader ordered enriched uranium to remain in the country, complicating ongoing peace talks with the U.S. and raising concerns about disruptions to global energy supplies.
New York City and Los Angeles County form a "bicoastal bridge" partnership to leverage their combined purchasing power and advocate for electric vehicles, pushing manufacturers to accelerate EV development despite industry headwinds and Trump administration opposition.
JPMorgan Private Bank analysts believe the S&P 500 could hit 9,000 by mid-2027, with gains driven by AI adoption across multiple sectors beyond just technology. The bullish case relies on broader productivity improvements and margin expansion as companies implement AI infrastructure at scale.
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Beauty and wellness booking marketplace Fresha has announced an $80 million investment from KKR's Next Generation Technology Growth fund, valuing the London-based company at more than $1 billion and signaling its readiness to scale aggressively.
European governments are pursuing price caps on essential goods to combat inflation, but business leaders and economists warn the policy mirrors failed Venezuelan controls that ultimately worsened economic conditions.
Samsung could distribute approximately $26.6 billion to its 78,000 chip employees as bonuses, averaging $340,000 per worker, as part of a last-minute union deal.
EasyJet CEO Kenton Jarvis has assured holidaymakers that the airline has seen no issues with fuel supplies and that travellers can book with confidence despite Middle East tensions affecting global jet fuel routes and prices.
Ubisoft shares fell 14% after the game developer forecast further losses in its upcoming financial year, posting a 1.3 billion euro operating loss in 2026 with net bookings declining 17.4% year-over-year.
Research Affiliates' forecasting model suggests rotating out of stocks as bond yields hit 4.7%, with 10-year Treasuries offering 4.6% annual returns compared to just 3.2% for U.S. large caps and 1.7% for large cap growth stocks.
The UK has struck a trade deal with six Gulf states (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE) worth £3.7bn to the economy, which will remove an estimated £580m a year in tariffs from British exports once fully implemented.
Nvidia CEO Jensen Huang stated the company has "largely conceded" China's AI chip market to Huawei due to U.S. export restrictions, even as Nvidia reported blockbuster earnings with revenue surging 85% to $81.62 billion.
Discover current Columbia promo codes and deals offering up to 40% off outdoor gear, including 15% off first orders, student and military discounts, and free shipping for rewards members.
SpaceX's IPO filing reveals that Elon Musk himself is listed as a major risk factor for the company, exposing the complex web of business dealings between his various enterprises including Tesla, xAI, and The Boring Company.
SoftBank Group shares surged 19.8% following blockbuster Nvidia earnings, with the Japanese conglomerate's fortunes closely tied to the AI boom through its stake in Arm Holdings and massive OpenAI investments. The rally also boosted Asian semiconductor stocks across TSMC, SK Hynix, and other Nvidia suppliers.
SpaceX disclosed in its IPO filing that it has set aside over $530 million for potential litigation losses, with particular concern around lawsuits involving Grok's "Spicy" mode, which the company describes as a heightened risk area.
SpaceX has filed its S-1 prospectus for what's expected to be the largest IPO ever, seeking to raise $80 billion and valuing the company at $1.7 trillion. The filing reveals the rocket maker's revenue grew 33% to $18.7 billion in 2025, but its losses are also accelerating with a $4.27 billion net loss in Q1 2026.
SoftBank Group shares surged over 16% following Nvidia's blockbuster earnings report, driven by renewed optimism in the artificial intelligence space and the company's substantial investments in AI-related assets like Arm Holdings and OpenAI.
SpaceX disclosed in its IPO filing that Grok's "Spicy" and "Unhinged" modes, which generate raunchy content with fewer safety filters, pose regulatory and reputational risks, with the company setting aside $530 million for potential litigation losses related to complaints about sexualized imagery.
SpaceX has filed for an initial public offering that could become one of the largest IPOs in history, signaling a major milestone for the private aerospace company.