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EU Accuses TikTok and Meta of Violating Transparency Rules Under Landmark Tech Law
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EU Accuses TikTok and Meta of Violating Transparency Rules Under Landmark Tech Law

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The European Commission, which serves as the executive branch of the European Union, announced on Friday that it has preliminarily found Meta and TikTok in breach of key transparency requirements set under the Digital Services Act (DSA) — the EU’s groundbreaking technology regulation. According to the Commission, the two U.S.-based tech giants failed to provide […]
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Trump Ends Canada Trade Talks, Key Inflation Report Due, Target Job Cuts, and More Market Movers Today
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Trump Ends Canada Trade Talks, Key Inflation Report Due, Target Job Cuts, and More Market Movers Today

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1. Trump Pulls the Plug on Canada Trade Talks President Donald Trump announced late Thursday that the United States is halting trade negotiations with Canada after controversy erupted over an Ontario government ad featuring the voice of former President Ronald Reagan. The ad criticized tariffs and their impact on Americans, but the Ronald Reagan Presidential […]
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AMD Surges 8% as IBM Taps Its Chips for Breakthrough in Quantum Computing Error Correction
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AMD Surges 8% as IBM Taps Its Chips for Breakthrough in Quantum Computing Error Correction

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Advanced Micro Devices (AMD) shares surged nearly 8% on Friday after reports revealed that IBM successfully used AMD’s chips to run a quantum computing error correction algorithm — a major step forward in the development of scalable quantum systems. IBM’s stock also jumped around 8%, marking its best single-day performance since January, as excitement around […]
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AI Investments Fuel U.S. Growth While Small Businesses Struggle to Survive
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AI Investments Fuel U.S. Growth While Small Businesses Struggle to Survive

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For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the booming world of artificial intelligence feels far removed from his daily challenges. While tech giants like Nvidia, Alphabet, and Broadcom continue to drive Wall Street to record highs and lift the nation’s GDP, many small and midsize businesses are fighting just to stay afloat. […]
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Bank of America Predicts Gold Could Soar to $5,000 an Ounce by 2026 Amid Global Uncertainty
Business

Bank of America Predicts Gold Could Soar to $5,000 an Ounce by 2026 Amid Global Uncertainty

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Bank of America Global Research has sharply revised its gold outlook, forecasting the precious metal could climb to $5,000 per ounce by 2026, with an average of around $4,400 per ounce. The new projection marks one of the bank’s most bullish calls yet, driven by mounting demand for gold as a safe-haven and portfolio stabilizer. […]
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Oracle Bets on AMD with 50,000 AI Chips in 2026, Challenging Nvidia’s Market Grip
Business

Oracle Bets on AMD with 50,000 AI Chips in 2026, Challenging Nvidia’s Market Grip

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Oracle Cloud Infrastructure announced plans on Tuesday to deploy 50,000 Advanced Micro Devices (AMD) graphics processors starting in the second half of 2026, signaling a major shift in the cloud AI race. Following the news, AMD shares rose about 2%, while Oracle fell 4% and Nvidia slipped more than 3%, reflecting investor reactions to growing […]
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Xiaomi Stock Plunges After Deadly EV Crash Raises Safety Concerns Over SU7 Sedan
Technology

Xiaomi Stock Plunges After Deadly EV Crash Raises Safety Concerns Over SU7 Sedan

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Xiaomi shares fell more than 5% on Monday, their steepest decline since April, after reports emerged of a fatal crash involving the company’s SU7 electric vehicle in Chengdu, China. The incident, which killed a 31-year-old male driver suspected of drunk driving, sparked a wave of safety concerns after video footage showed bystanders unsuccessfully trying to […]
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Meta Shuts Down Facebook Group Accused of Targeting ICE Agents After DOJ Pressure
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Meta Shuts Down Facebook Group Accused of Targeting ICE Agents After DOJ Pressure

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Meta has taken down a Facebook group in Chicago that was allegedly being used to dox and target U.S. Immigration and Customs Enforcement (ICE) agents, following outreach from the Department of Justice (DOJ). Attorney General Pam Bondi announced the takedown on X, emphasizing that the DOJ will “continue engaging with tech companies to remove platforms […]
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Google Commits $15 Billion to Build India’s Largest AI & Data Center Hub Outside the U.S.
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Google Commits $15 Billion to Build India’s Largest AI & Data Center Hub Outside the U.S.

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Google will pour $15 billion into developing a massive artificial intelligence and data center hub in southern India, marking the company’s largest such investment outside the United States, according to Google Cloud CEO Thomas Kurian. The mega-project, set to unfold over the next five years, underscores India’s growing importance in the global cloud and AI […]
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Oura Hits $11 Billion Valuation After $900M Funding Boost to Redefine Wearable Health Tech
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Oura Hits $11 Billion Valuation After $900M Funding Boost to Redefine Wearable Health Tech

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Oura announced Tuesday that it has secured over $900 million in a Series E funding round, pushing the Finnish wearable tech company’s valuation to an impressive $11 billion. The round was led by Fidelity Management & Research Company, with new investor ICONIQ joining alongside existing backers Whale Rock and Atreides. “With this funding, we’re accelerating […]
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