EU regulators on Friday accused TikTok of breaching the bloc’s online content rules, putting the video-sharing app at risk of having to redesign its service in Europe or face a fine linked to its global revenue. The charges were laid out in preliminary findings by the European Commission after a year-long investigation under the Digital […]
Oil prices, specifically Brent crude, could rise to $70 per barrel if tensions between the US and Iran escalated amid the ongoing talks in Oman, according to experts. Prices maintained a steady course on Friday, reflecting a cautious sentiment among global investors who were intently focused on developments emerging from crucial, high-stakes diplomatic talks. US-Iran […]
The latest earnings season has revealed a dramatic turning point in the global technology industry. America’s largest technology companies have announced plans to spend more than $700 billion on artificial intelligence-related capital expenditure in 2026, underlining how fiercely they are competing to dominate the infrastructure of the AI era. Microsoft, Meta Platforms, Alphabet’s Google, Amazon […]
US stocks rose on Friday, positioning major indexes for a positive end to a volatile week marked by sharp losses in technology shares and renewed concerns over cryptocurrency markets. The S&P 500 gained about 0.9%, while the Nasdaq Composite advanced 0.8%. The Dow Jones Industrial Average climbed 573 points, or roughly 1.1%. The gains pushed […]
ai.com, a new artificial intelligence platform founded by Kris Marszalek, co-founder and CEO of Crypto.com, has announced the launch of its Autonomous AI agent offering for consumers. The platform allows users to create a private, personal AI agent in just a few clicks. These agents are designed to do more than answer questions, with the […]
Nvidia stock (NASDAQ: NVDA) surged about 5% on Friday, leading a tech rebound after a bruising week for software and data stocks. Traders said the move comes on the back of multiple factors, including fresh demand signals for AI hardware and upbeat comments from a key supplier. NVDA’s rally came even as investors digest bigger […]
Tesla stock rose on Friday as the company attempted to close out a difficult week for technology stocks on a stronger footing, even as broader concerns about demand and competition continued to cloud its outlook. In midday trading, Tesla shares were up about 3.5% at $411.28. The broader market also advanced, with the S&P 500 […]
Stellantis (NYSE: STLA) suffered a historic collapse this morning, plunging more than 25% in a single session, which marks its worst day since the 2021 merger of Fiat Chrysler and PSA Group. The carnage started today after management announced an “alarming” €22.2 billion ($26.5 billion) impairment charge, admitting that it drastically overestimated the pace of […]
Europe’s markets ended the week caught between resilience and reckoning. In London, the FTSE 100 eked out gains as banks rallied on fresh hints that rate cuts could be on the horizon, even as tech-linked names stayed under pressure. Across the continent, regulators sharpened their focus on Big Tech, with Brussels formally charging TikTok over […]
A volatile week for precious metals is ending on a slightly positive note, with gold and silver logging small gains. Simmering geopolitical tensions and increasing safe-haven demand boosted gold prices on Friday. Meanwhile, oil prices saw a modest increase on Friday, following reports from Iran’s foreign minister indicating that discussions between Iran and the US […]