Latest Business News & Market Updates

Google CEO Sundar Pichai Thanks Trump After Landmark Antitrust Win: “I’m Glad It’s Over”

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At a White House dinner with top tech leaders, President Donald Trump congratulated Google CEO Sundar Pichai and co-founder Sergey Brin following Alphabet’s favorable outcome in a major antitrust case. “Well, you had a very good day yesterday,” Trump said as he called on Pichai during the dinner. “Google had a very good day yesterday. […]

TeraWulf Soars Over 10% as Google Expands Stake in Bitcoin Miner and AI Datacenter Project

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 […]

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging

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Samsung Electronics announced on Tuesday that it expects its operating profit for the second quarter to plummet by 56%, highlighting the challenges it faces in keeping up with soaring demand for advanced AI chips dominated by rivals like Nvidia. The South Korean tech giant — known globally for its smartphones and memory chips — projected […]

Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.

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A decade after Apple and Samsung first battled for dominance in the U.S. smartphone market, the rivalry is heating up again — and this time, foldable screens are at the center of the fight. According to Canalys data, Samsung’s U.S. shipments jumped in the second quarter, boosting its market share from 23% to 31%, while […]

Trump Ally Slams Tim Cook for Delays in Shifting iPhone Production from China

Showdown Looms: YouTube TV Warns Fox Channels Could Vanish Without Deal

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YouTube TV, Google’s live-streaming service, announced Monday that it may drop several Fox networks — including Fox Broadcast, Fox News, and Fox Sports — if a new carriage agreement with Fox Corporation is not finalized this week. The current deal expires Wednesday, and despite ongoing negotiations, both sides remain at an impasse. In a blog […]

Trump Ally Slams Tim Cook for Delays in Shifting iPhone Production from China

Apple Forecasts Record-Breaking December Quarter as iPhone 17 Demand Surges

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Apple has reported stronger-than-expected fiscal fourth-quarter results, setting the stage for what could be its most successful December quarter in history — powered by exceptional demand for the newly launched iPhone 17 lineup. The company’s shares rose in after-hours trading following the announcement, as Apple’s forecast surpassed market expectations and highlighted solid performance across several […]

Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.

India’s $18 Billion Bet on Semiconductors: Can It Build the Next Global Chip Powerhouse?

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NEW DELHI — India has set its sights on becoming a major player in the global semiconductor industry, pledging investments worth 1.6 trillion rupees ($18.2 billion) to build a full-fledged chip ecosystem. The push comes as nations worldwide race toward semiconductor self-reliance, following U.S. restrictions on advanced chip exports to China in 2022. For India, […]

Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

Trump’s Rare Earths Power Play: U.S. Stakes in Canadian Miners Spark Ethical and Market Shockwaves

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The U.S. stock market suffered its steepest drop in six months on Friday, with the S&P 500 sliding nearly 3% after former President Donald Trump threatened major new tariffs on Chinese goods over Beijing’s grip on the global rare earths market. China recently expanded its export controls on rare-earth elements, adding tungsten, tellurium, bismuth, indium, […]

Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Alibaba Unveils $660 AI Glasses to Challenge Meta and Launches Its Own ChatGPT Rival

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Alibaba has officially entered the smart wearable race with the launch of its Quark AI Glasses and a new ChatGPT-style chatbot, signaling its strongest consumer-focused AI push yet. The tech giant announced that pre-orders for the Quark AI Glasses will begin on October 24 via Tmall, its flagship e-commerce platform. The initial pre-sale price is […]

Alibaba Stock Soars 19% as Cloud Unit Growth and New AI Chip Plans Boost Investor Confidence

Apple Sets September 9 Launch Event — iPhone 17 Rumors Spark Excitement

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Apple has officially announced a launch event scheduled for September 9 at 10 a.m. Pacific Time, inviting media and analysts to its campus. The event teaser carries the tagline: “Awe dropping.” As tradition goes, September is the month Apple typically unveils its latest iPhones. This year’s highly anticipated release is expected to be the iPhone […]

Tim Cook’s Masterclass: How Apple Dodged U.S. iPhone Demands While Winning Trump Over