OpenAI, Meta, and Microsoft introduce unique features to improve the quality of daily digital intercommunications. OpenAI launches real-time image creation on WhatsApp, and Microsoft unveils a smart new AI agent on Windows PCs that performs tasks using natural commands.
US semiconductor giant Nvidia is going to participate in China International Supply Chain Expo. Though the event carries less significance in terms of scale and establishing meaningful business relations, the move by the US tech giant is more seen as symbolic to maintain its solid presence in the Chinese AI sector.
The Trump Organization has launched Trump Mobile today at a price range of $499. The company has not provided details on hardware or software specifications yet. The new phone is expected to compete with Apple and Samsung
Europe is stepping up its investment in AI infrastructure through a growing partnership between Nvidia and the French AI firm Mistral. The partnership is designed to reduce Europe the reliance on foreign tech giants by creating local data centers and developing AI chips.
Google has decided to end its partnership with Scfale AI after Meta acquired 49% stake in the company and its CEO, Alexander Wang joined Meta, as concern for data security grows.
Wall Street closed sharply lower on Friday as rising tensions between Iran and Israel spooked investors and drove oil prices up nearly 7%. Energy stocks gained, while tech and airline shares fell, signaling heightened market volatility.
Oil prices surged nearly 7% as escalating tensions between Israel and Iran raised fears of supply disruptions. Analysts warn markets may remain volatile unless the situation de-escalates quickly.
Gold prices climbed sharply as tensions in the Middle East drove demand for safe assets. Softer U.S. inflation also boosted hopes for rate cuts, supporting gold's rally above $3,400.
Asian markets declined on Friday as oil prices surged and geopolitical risks spiked after an Israeli strike on Iran. Investors moved toward safe-haven assets like gold, the Swiss franc, and U.S. Treasuries, while awaiting further developments.
Gold prices advanced after softer U.S. inflation data raised hopes for a Fed rate cut by September. The dollar weakened and yields dropped, lifting the broader precious metals market.
Asian markets posted modest gains as U.S.-China trade talks showed early signs of progress. Investors remained cautious ahead of key U.S. inflation data and a major Treasury auction.
Oil prices continued to rise due to positive U.S.-China trade talks and reduced Saudi oil shipments to China. However, potential increased supply from Iran and OPEC+ raises concerns about oversupply later this year.
Gold edged higher as investors positioned for key U.S. inflation data and awaited U.S.–China trade progress. Physical demand trends and weaker dollar support helped buoy the precious metal amid cautious sentiment.
Asian markets gained on trade talk optimism and strong U.S. data. Investors now shift focus to inflation readings and Japan's bond market developments.
Oil prices remained steady as hopes for a trade breakthrough between the U.S. and China lifted demand outlook. At the same time, supply risks and weak Chinese data kept market sentiment cautious.
Gold prices rose modestly on Monday as a weaker dollar and upcoming U.S.-China trade talks lifted investor confidence. Platinum hit a four-year peak, supported by tight supply and growing industrial demand, while markets await key U.S. inflation data.
Asian stocks rose after upbeat U.S. jobs data eased economic concerns and trade talks between the U.S. and China sparked investor optimism. Markets remained cautious amid ongoing political unrest in the U.S. and upcoming inflation data.
Oil closed the week above last Friday's lows, buoyed by renewed US–China trade talks despite rising gasoline inventories and Middle East tensions. OPEC+ production plans and Saudi price cuts for Asia continue to limit upside.