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Financial Markets

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Boeing trims long-term jet outlook ahead of Paris Airshow
Boeing lowers jet forecast despite 40% rise in travel by 2030

ARLINGTON COUNTY, Virginia: As global air travel continues its recovery from the pandemic, Boeing has released a tempered 20-year outlook...

Wall Street rattled by hawkish Trump comments on Iran
U.S. markets destabilized by Trump threats to Iran

NEW YORK, New York - U.,S. stocks closed lower Tuesday as President Donald Trump hinted the United States may join Israel in its attacks...

Meta buys 49 percent of Scale AI, brings CEO Wang to lead AI efforts
Meta bets on Scale AI CEO Wang in $14B play for AI leadership

MENLO PARK, California: Meta Platforms has made a bold move to accelerate its artificial intelligence ambitions—by investing US$14.3...

Nippon Steel deal requires US security agreement
Trump signs order backing Nippon Steel's US investment

WASHINGTON, D.C.: This week, President Donald Trump signed an executive order that facilitates Nippon Steel's potential investment...

Spotify, Discord disrupted by brief Google service glitch
Google resolves global outage affecting major platforms

MOUNTAIN VIEW, California: On June 12, Google announced that it had fixed a temporary global service disruption that impacted several...

U.S. stocks forge ahead despite Mideast turmoil
Technology stocks lead Wall Street higher Monday

NEW YORK, New York - U.S. stock markets closed in positive territory Monday despite the raging war in the Middle East which has killed...

Technology

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Meta buys 49 percent of Scale AI, brings CEO Wang to lead AI efforts
Meta bets on Scale AI CEO Wang in $14B play for AI leadership

MENLO PARK, California: Meta Platforms has made a bold move to accelerate its artificial intelligence ambitions—by investing US$14.3...

Spotify, Discord disrupted by brief Google service glitch
Google resolves global outage affecting major platforms

MOUNTAIN VIEW, California: On June 12, Google announced that it had fixed a temporary global service disruption that impacted several...

Foxconn iPhone exports from India now mostly headed to the US
Apple sends 97% of India iPhone exports to US amid tariff risk

NEW DELHI, India: Amid mounting U.S.-China trade tensions, Apple has sharply increased iPhone shipments from India to the United States,...

US: China lags in AI chips, but catching up fast
Huawei can make 200,000 AI chips in 2025, US says

WASHINGTON, D.C.: The U.S. government estimates that Huawei will only be able to manufacture up to 200,000 advanced AI chips next year—well...

Switch 2 breaks Nintendo record with 3.5M units sold in 4 days
Nintendo Switch 2 becomes fastest-selling console ever

TOKYO, Japan: Nintendo's latest console is off to a roaring start. The company says it has sold over 3.5 million units of the newly...

OpenAI to use Google Cloud as demand for computing surges
OpenAI signs cloud deal with Google despite intense AI rivalry

SAN FRANCISCO, California: In a move that highlights how the demand for compute power is reshaping the AI industry, OpenAI has signed...