U.S. forces destroyed 16 Iranian mine-laying vessels near the Strait of Hormuz Tuesday, U.S. Central Command said, in what officials described as a move to prevent Iran from disrupting one of the world’s most critical maritime choke points. The strikes come as oil traffic through the strait remains at a near standstill, threatening a corridor […]
A group of House Republicans is urging the Trump administration to choke off Russia’s profits from one of its largest energy companies as global oil prices spike. It comes as the U.S. and Israel’s conflict with Iran, one of Russia’s closest allies and another major energy producer, is threatening to spiral the market out of […]
After four years of applications, regulatory back-and-forth, and an extended mobilisation period that has broken UK records for its length, Revolut finally secured a full banking licence in its home market. The development came on Wednesday as a milestone that would end a process that began in 2021 and has been watched closely across Europe’s […]
Artificial intelligence infrastructure spending is accelerating as technology companies race to build the computing backbone required for advanced AI systems. Nvidia strengthened its position in this growing market after announcing a $2 billion investment in AI cloud firm Nebius Group. The announcement sent Nebius shares up 15% on Wednesday and highlighted Nvidia’s strategy of supporting […]
Li Auto stock price remains in a technical bear market after falling from its 2023 high of $47.3 to the current $17.15. It has slumped by 62%, erasing its market capitalization from $48 billion to $18 billion. What next for the stock ahead of its earnings? Li Auto growth has stalled amid rising competition Li […]
Futu Holdings stock price jumped by over 7% on Tuesday. This rebound could continue this week as the company releases its earnings, which are expected to demonstrate strong revenue and profitability growth. It was trading at $153, down by 25% from its highest point in 2025. Futu Holdings to publish financial results Futu is a […]
Rep. James Comer says he’s working to schedule testimonies from Attorney General Pam Bondi and Commerce Secretary Howard Lutnick within the next few weeks as part of the congressional investigation into convicted sex offender Jeffrey Epstein. “I’m in communication with them,” Comer (R-Ky.), the chair of the House Oversight and Government Reform Committee, told reporters […]
DORAL, Florida — House GOP leaders discussed trying to attach military aid to a party-line policy package during a closed-door meeting Tuesday afternoon, according to three people granted anonymity to share details of private conversations. Speaker Mike Johnson and his team are weighing a variety of options, including the filibuster-skirting budget reconciliation process, to pass […]
Nio stock price surged to its highest point since December last year, continuing an uptrend that started earlier this year when it formed a double-bottom pattern. It surged to $6.70 after the company published its strong financial results and its first quarterly profit. Nio published strong financial results Nio’s share price surged this week after […]
Amazon’s autonomous vehicle company Zoox is preparing to bring its self-driving vehicles to the Uber app in Las Vegas this summer. The partnership allows riders to request Zoox vehicles directly through Uber while the company continues operating its own app. The collaboration reflects growing momentum around autonomous mobility as technology firms and transport platforms compete […]