Investors spent nearly $148 million on the $TRUMP meme coin in hopes of winning a chance to dine with former President Donald Trump. While a few profited, hundreds of thousands suffered massive losses, raising ethical and financial concerns.
Oil prices remained steady as rising OPEC+ supply and refinery outages balanced optimism from recent U.S.-China trade developments. Analysts warn that limited refining capacity and ongoing supply disruptions could trigger future price volatility.
Oil prices rose over 3% after the U.S. and China agreed to ease tariffs following talks in Geneva, sparking optimism in global markets. The move signals a potential rebound in crude demand amid easing trade tensions and ongoing U.S.-Iran negotiations.
U.S. and China agreed to slash tariffs after weekend talks, sparking a global market rally and easing trade war fears. Wall Street futures surged, the dollar strengthened, and gold prices dropped as investor sentiment shifted toward risk.
Bitcoin crossed the $100,000 threshold for the first time since February, signaling a strong market rebound. The surge follows a new US-UK trade agreement and renewed investor confidence in digital assets.
Oil prices rose over 1% on Friday, marking their first weekly gain since mid-April, driven by renewed trade optimism after a U.S.-UK deal. Geopolitical tensions and upcoming U.S.-China talks also supported the price surge.
Meta has won a $168 million lawsuit against Israeli spyware firm NSO Group for illegally hacking WhatsApp users. The verdict marks a major victory for digital privacy and sets a legal precedent against spyware abuse.
Cisco has introduced a prototype chip that connects quantum computers using photon entanglement. The company also opened a new research lab in Santa Monica to advance its work in quantum networking.
AMD expects a $1.5 billion revenue loss in 2025 due to new U.S. export restrictions on AI chips to China. Despite the setback, strong demand has helped the company beat second-quarter revenue forecasts.
Apple has announced its first bond sale in two years, raising $4.5 billion to fund stock buybacks and repay debt. The bond offering consists of four tranches, with the company targeting debt maturities due between May and November 2025.
US shoe brand Skechers is going private in a massive $9.4 billion deal with 3G Capital, marking the largest buyout in footwear history. The move comes as the company faces rising costs from U.S. tariffs and shifts in global trade dynamics.
Bill Ackman has invested $900 million to raise his stake in Howard Hughes Holdings from 37.6% to 46.9%, signaling plans to transform the real estate company into a diversified holding firm. This move aligns with his long-term vision of creating a Berkshire Hathaway-style investment conglomerate.
Former President Donald Trump has proposed a 100% tariff on foreign-made films, claiming it will protect American jobs and revive the struggling U.S. film industry. The move has sparked international backlash and uncertainty across Hollywood and global markets.
Oil prices dropped over $1 per barrel after OPEC+ announced a faster pace of production, raising concerns about oversupply.
Former President Donald Trump's proposed federal budget seeks to cut $163 billion from non-defense programs, including education, housing, and public health. The savings would redirect funds toward a 13% boost in defense spending and aggressive border security measures.