Business

HSBC Unveils $3B Share Buyback as Profits Tumble 29% Amid Economic Uncertainty

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HSBC, Europe’s largest bank, reported a sharp 29% decline in second-quarter profits, falling short of analyst forecasts, largely due to significant impairment charges. In a bid to reassure investors, the bank also announced a $3 billion share buyback. For the quarter ending in June, HSBC posted a pre-tax profit of $6.3 billion — below the […]

Bill Gates Slams Foreign Aid Cuts: “Lives Are at Stake — It’s Not Too Late to Act”

Gold Could Surge to $4,000 as U.S. Trust Wavers – WisdomTree Analyst Warns

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Gold’s safe-haven appeal briefly dimmed after the U.S. and China agreed to a 90-day pause in their trade conflict, but one market strategist believes the precious metal is far from losing its shine. Heightened geopolitical tensions, economic uncertainty, and concerns over monetary policy could keep gold in demand, even if trade disputes ease. Nitesh Shah, […]

Gold Surges to 5-Week Peak as Dollar Weakens, Trade Uncertainty Sparks Investor Rush

Nvidia Unveils $3,499 ‘Robot Brain’ Chip to Power the Future of Robotics

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Nvidia has officially launched its newest robotics chip module, the Jetson AGX Thor, priced at $3,499 for the developer kit. Marketed as a “robot brain,” the kit will begin shipping next month and is designed to help developers create advanced robots. Once prototypes are ready, companies can purchase Thor T5000 modules for large-scale production, with […]

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

From Dropout to Design Mogul: How Dylan Field Built Figma Into a $70B Powerhouse

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Dylan Field, once a college dropout, has now entered the elite ranks of tech billionaires after Figma’s explosive stock market debut. Like Facebook’s Mark Zuckerberg, Field shares early ties with billionaire investor Peter Thiel. In 2012, Field was awarded the prestigious Thiel Fellowship—a $100,000 grant for young innovators willing to leave college behind. Originally a […]

Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Musk Threatens Swift Legal Action Against Apple Over Alleged AI App Store Bias

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Elon Musk has warned of taking immediate legal steps against Apple, accusing the tech giant of antitrust violations in how it ranks AI chatbot apps on its App Store. Musk claims Apple’s practices make it “impossible” for any AI company other than OpenAI to secure the top position. He criticized Apple for excluding his social […]

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

Meta Wipes Out 10 Million Fake Facebook Profiles in Major Anti-Spam Crackdown

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In a sweeping move to clean up its platform, Meta announced on Monday that it has eliminated roughly 10 million fake Facebook accounts during the first half of 2025. These profiles were primarily posing as popular content creators and were flagged as part of Meta’s ongoing campaign to crack down on spam and deceptive activity. […]

Amazon Merges Freevee Into Prime Video, Ending Standalone App in August

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

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President Trump has long pushed for Apple to manufacture iPhones in the United States. But Apple CEO Tim Cook appears to have found a strategic middle ground — keeping Apple’s global production model intact while still satisfying Washington’s appetite for American jobs. During a recent White House appearance alongside Trump, Cook announced Apple’s commitment to […]

Apple Launches Detroit Manufacturing Academy Amid U.S. Job Pressure and Global Expansion

Meta Set to Launch “Hypernova” Smart Glasses with Built-in Display and Gesture-Control Wristband at Connect

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Meta is preparing to make a major splash at its annual Connect conference next month with the debut of Hypernova, its first consumer-ready smart glasses equipped with a built-in display. Alongside the glasses, the company will also introduce a new wristband designed to let users control the device with simple hand gestures. The two-day Connect […]

From Dropout to Design Mogul: How Dylan Field Built Figma Into a $70B Powerhouse

Google Stock Climbs as Apple Explores Gemini AI to Power Siri Upgrade

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Alphabet shares gained momentum on Friday after reports surfaced that Apple is in early talks with Google to integrate its Gemini AI models into a revamped version of Siri. The discussions, according to Bloomberg, suggest that Apple is considering Gemini as the backbone of a smarter Siri expected to launch as early as next year. […]

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

Microsoft, Nvidia, Google, OpenAI & Salesforce Unveil $40B+ AI Investment Wave in the UK

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LONDON — The United Kingdom is set to become a global hub for artificial intelligence as Microsoft, Nvidia, Google, OpenAI, Salesforce, and CoreWeave announced over $40 billion in new AI investments. Microsoft alone pledged $30 billion by 2028, with plans to build the nation’s largest supercomputer powered by 23,000+ advanced GPUs in partnership with British […]

Big Tech Soars: Google Antitrust Win, Apple Boost & $10B AI Deals Drive Market Value to $21 Trillion