News
France must eliminate tech ‘sales tax’ or risk facing 100% wine tariffs
President Donald Trump has warned France that it must eliminate a 3% tech “sales tax” or else face a 100%...
SoftBank rises 12% on Iran-U.S. deal
Asian tech stocks rose Monday as investors celebrated news that Iran and the U.S. have agreed to end the Middle...
FIFA releases statement following vacant seat controversy
After the opening game in Mexico, FIFA defended its attendance figures for South Korea’s win over the Czech Republic, the second...
Shell pauses $3 billion share buyback
Shell announced on Friday that it is pausing its $3 billion share repurchase program until July 14, citing securities law requirements...
Elon Musk makes history as the world’s first trillionaire with SpaceX IPO
On Friday, SpaceX launched its public offering, with shares opening slightly above $150. The highly anticipated IPO values Elon Musk’s rocket...
Oracle reports strong Q4 earnings, stock drops 10% on $20 billion fundraising bid
Oracle reported better-than-expected earnings and revenue for the fiscal Q4 on Wednesday, along with an increased full-year profit forecast. Despite the...
Hugo Boss shares jump 8% after $2.3 billion bid from Frasers Group
Shares of Hugo Boss rose around 8% on Thursday after a $2.3 billion takeover bid was announced by Frasers Group....
Supermicro stock drops 13% on new funding plans
Supermicro Computer (SMCI) stock fell as much as 13% on Wednesday after the AI server maker announced plans to raise approximately $7...
Trump warns Iran it will ‘pay the price’ for delaying talks
On Wednesday, President Donald Trump stated in a Truth Social post that Iran would “pay the price” for postponing negotiations...
Consumer prices increased by 4.2% annually in May
According to the latest Bureau of Labor Statistics inflation report, inflation rose in May, reaching its highest level in 4...
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