Reported 40 minutes ago
Source: YAHOO
Reported about 2 hours ago
Source: YAHOO
Reported about 3 hours ago
Source: YAHOO
Reported about 9 hours ago
Source: YAHOO
Reported about 10 hours ago
In a significant escalation of hostilities, Israel launched airstrikes against Iran's nuclear facilities, resulting in the deaths of high-ranking military leaders and raising fears of a broader conflict in the Middle East. Israeli Prime Minister Benjamin Netanyahu announced that the strikes targeted Iran's nuclear enrichment program, with further attacks promised. In retaliation, Iran warned of a severe response, leading to a rise in global oil prices and increased tensions in the region as diplomatic talks between the U.S. and Iran become uncertain.
Source: YAHOO
Reported about 10 hours ago
Source: YAHOO
Reported about 10 hours ago
Bitcoin and other cryptocurrencies have fallen significantly following Israeli airstrikes on Iran, marking a major geopolitical escalation. Bitcoin dropped below $103,000 during trading in Singapore, affected by fears of retaliatory attacks. The selloff is in line with broader risk asset declines as traders prioritize safety amid military conflict, with over $1 billion in crypto long positions liquidated recently.
Source: YAHOO
Reported about 12 hours ago
Source: YAHOO
Reported about 12 hours ago
Gold prices spiked after Israel launched airstrikes on Iran’s nuclear facilities, igniting fears of a broader conflict in the region. The situation heightened market uncertainty, driving demand for gold as a safe haven, causing its price to rise up to 1.7% before settling slightly lower. Iranian leaders have promised severe retaliation, further escalating tensions. The US was reportedly not involved, yet Iran hinted at possible action against American interests. This surge in gold prices is part of a broader 30% increase this year, driven by geopolitical uncertainty and inflation concerns.
Source: YAHOO
Reported about 12 hours ago
Source: YAHOO
Reported about 14 hours ago
Source: YAHOO
Reported about 14 hours ago
Source: YAHOO
Reported about 15 hours ago
On June 13, various significant market events are anticipated, including the preliminary consumer sentiment data for June, with economists expecting a slight rise from May's level, indicating growing optimism among consumers despite historically low readings. Additionally, Regeneron Pharmaceuticals will hold its annual shareholder meeting amid a challenging year for the healthcare sector, focusing on its recent acquisition of 23andMe. Lastly, Apple will conclude its Worldwide Developers Conference, revealing major updates across its operating systems and a new liquid glass design.
Source: YAHOO
Reported about 17 hours ago
The discussion on The Big Idea with Elizabeth Gore focuses on how small businesses can leverage AI to streamline operations and enhance efficiency. Highlighting insights from Zaw Thet, CEO of Exer AI, the episode covers practical applications, including using AI for scheduling, marketing, and problem-solving. The conversation emphasizes the importance of integrating AI tools into existing software and making processes easier for business owners, ultimately allowing them to reclaim time and address staffing challenges.
Source: YAHOO
Reported about 18 hours ago
Apple has internally set a target for a delayed upgrade of Siri, aiming for a spring 2026 release as part of its iOS 26.4 update. This redesign is expected to enable Siri to utilize personal data and on-screen activities to better assist users. The updates have faced significant delays due to engineering challenges, having initially been planned for launch alongside the iPhone 16 in 2024. Apple's AI teams are undergoing internal changes, and while the new features are highly anticipated, the timeline remains flexible as further development proceeds.
Source: YAHOO
Reported about 18 hours ago
Oracle's stock skyrocketed over 13% to an all-time high of $199.87 following strong fiscal fourth quarter results, with revenue of $15.9 billion and earnings per share of $1.70 exceeding analyst expectations. The company expects robust demand for its AI cloud services, raising its revenue forecast for fiscal 2026 to at least $67 billion. Analysts have responded positively, with several raising price targets for the stock up to $240. Oracle aims to invest significantly in its Stargate AI project amidst challenges from ongoing trade issues.
Source: YAHOO
Reported about 19 hours ago
Source: YAHOO
Reported about 19 hours ago
The US dollar is currently experiencing a decline amid recent economic data and potential tariffs from President Trump. Market strategist Art Hogan discusses the implications of these factors on the dollar and bond markets, noting that a weaker dollar may benefit American multinationals with international sales. As businesses prepare for earnings reports, the upcoming budget bill and trade negotiations will play crucial roles in shaping market performance.
Source: YAHOO
Reported about 20 hours ago
AMD has launched its new MI350 line of AI chips, including the MI350X and MI355X, aiming to rival Nvidia's Blackwell processors by offering significantly improved performance and memory capacity. Alongside these chips, AMD introduced the AMD Developer Cloud, allowing developers cloud access to its powerful AI processors without needing to invest in hardware. This comes as both companies face challenges related to export controls affecting their businesses.
Source: YAHOO
Reported about 21 hours ago
Boeing's stock plummeted by over 4% after an Air India plane, a Boeing 787-8 Dreamliner, crashed shortly after takeoff near Ahmedabad, resulting in 241 fatalities. The incident marked the first deadly accident involving the Dreamliner since 2011. Boeing CEO Kelly Ortberg expressed condolences and stated that the company is ready to assist in the investigation. The crash poses a significant setback for Boeing, which had seen a strong performance in shares earlier in the year.
Source: YAHOO
Reported about 22 hours ago
Wedbush analysts have termed Oklo a 'clear leader' in the surging demand for nuclear energy, particularly following the company's recent contract with the Department of Defense to power an Air Force base. The analysts raised their price target for Oklo shares significantly, citing the growing need for clean energy as data centers expand. Oklo's innovative business model positions it well to benefit from this upswing in energy demand, reinforced by supportive government initiatives.
Source: YAHOO
Reported about 22 hours ago
The International Monetary Fund (IMF) announced that its upcoming global growth forecast in July will consider recent trade developments, both positive and negative, but will not predict a similar GDP downgrade as the World Bank. IMF spokesperson Julie Kozack highlighted beneficial changes, such as recent tariff reductions between the U.S. and China, while also acknowledging ongoing uncertainties in trade negotiations. The IMF's next World Economic Outlook will be updated by the end of July, and the economic landscape remains complex with mixed indicators affecting growth expectations.
Source: YAHOO
Reported about 22 hours ago
Bitcoin has now surpassed $100,000 for over a month, during which U.S. Treasury Secretary Scott Bessent projected a potential $2 trillion market for stablecoins. Expert Andy Baehr highlights this period of stability as investors and lawmakers increasingly recognize the role of stablecoins in the market. While the short-term direction remains uncertain, long-term optimism around Bitcoin and stablecoins appears strong, with institutional interest growing steadily.
Source: YAHOO
Reported about 22 hours ago
BlackRock CEO Larry Fink has confirmed that he does not intend to leave the company anytime soon, despite recent executive departures. He emphasized the importance of leadership development and mentioned that they are actively preparing the next generation of leaders at BlackRock. Fink also highlighted recent significant investments made by the firm.
Source: YAHOO
Reported about 22 hours ago
President Trump's latest tax and spending bill is poised to disadvantage American critical minerals companies by eliminating a crucial tax credit that supports the domestic production of vital materials like nickel and rare earths, essential for advanced technology and defense. This comes as lawmakers debate the bill, which prioritizes tax cuts and defense spending, putting companies at risk of closure without government support amid rising competition from China.
Source: YAHOO